(MPI) - On March 2, 2020, Deputy Minister of Planning and Investment Vu Dai Thang received a courtesy call from EU Ambassador Pier Giorgio Aliberti.
Deputy Minister Vu Dai Thang and Ambassador Pier Giorgio Aliberti at the meeting.
Speaking at the meeting, Deputy Minister Vu Dai Thang welcomed Ambassador Pier Giorgio Aliberti to Vietnam to start his working term and wished the Ambassador success in his new position.
The Deputy Minister shared with other countries in the EU region affected by the Covid-19 epidemic and said that Vietnam was also one of the countries seriously influenced by the epidemic.The Ministry of Planning and Investment is working closely with relevant agencies and embassies in Vietnam to contribute to the prevention of the epidemic as well as its impact on the economy.
Ambassador Pier Giorgio Aliberti thanked the reception and sharing of Deputy Minister Vu Dai Thang. Countries were very concerned about this issue as the disease situation was happening unpredictably, he added.Ambassador Pier Giorgio Aliberti also highly appreciated Vietnam in dealing with the epidemic.
Regarding development cooperation, Ambassador Pier Giorgio Aliberti said that this was a very important field.Vietnam has been able to get out of the ODA recipient group, but there are still many areas to share and to promote cooperation.Currently, Vietnam and EU have many agreements and cooperation documents that have been signed, which is the basis to further promote cooperation between the two sides.The EU is assisting Vietnam to implement the Program of Strengthening Economic Governance through non-refundable aid and is currently in the process of finalizing the Project Document to be submitted to the Prime Minister of Vietnam for approval shortly.
Ambassador Pier Giorgio Aliberti mentioned contents related to finalizing the ODA legal framework, proposing a mechanism of "blending" fund between the EU's non-refundable fund and the loans from development banks and financial institutions to increase the preferential level of loans for Vietnam.
Currently, the EU is preparing to develop a new Cooperation Framework between Vietnam and the EU (MDICJ) including new financial instruments.He hoped that the new cooperation tools would be suitable for Vietnam's socio-economic development strategies and plans in the coming time with the aim of contributing to hunger eradicationandpoverty alleviation, sustainable development, green growth, job creation, building of smart cities, digital technology, data, public management, etc.
Panorama of the meeting.Photo: MPI
Deputy Minister Vu Dai Thang appreciated the information shared by Ambassador Pier Giorgio Aliberti and said that although Vietnam had been able to get out of the ODA recipient group, the support of the international community via concessional and non-refundable loans was significant for Vietnam's socio-economic development process in thecoming time, especially the support for institutional improvement.The EU is also an important partner of Vietnam and currently the relationship between the two sides is in the best period ever.This is reflected in the results of cooperation in different fields, including the formulation of policy mechanisms.
Regarding the EU-UN Initiative in Integrated National Financial Framework (INFF), the Ministry of Planning and Investment has sent a letter to the United Nations notifying the MPI’s welcome of the implementation of the above-mentioned Initiative and interest in becoming the pilot country to implement the Initiative.
Several EU members continue to have preferential credits for Vietnam to support the development of infrastructure, renewable energy, clean energy, and so on. Vietnam highly appreciates the EU's support for implementing the Program of Strengthening Economic Governance through non-refundable aid and hopes this Project will come into operation shortly.
The Deputy Minister said that Vietnam was implementing the Planning Law.This is a new law and has a great impact on the socio-economic development of Vietnam. He hoped to receive EU support in the implementation of this Law.
Regarding the "mixed" funding source, Deputy Minister Vu Dai Thang mentioned that this mechanism had been institutionalized in the draft decree to replace Decree No. 16/2016/ND-CP and Decree 132/2018/ND-CP on management and use of official development assistance and concessional loans provided by foreign sponsors, ensuring that Vietnam's governing bodies were accessible under the provisions of law.At the same time, the EU and partner countries continue to support Vietnam through large-scale non-refundable aid.
In 2021, Vietnam plans to organize the 13th National Party Congress of the Party and adopt the 10-year Socio-Economic Development Strategy for 2021-2030, the 5-year Socio-Economic Development Plan for 2021-2025.In the process of drafting these documents, Viet Nam has taken consultations with development partners andused the United Nations sustainable development programs.The multi-dimensional evaluation report (MDR) was prepared by the Ministry of Planning and Investment in collaboration with the Organization for Economic Co-operation and Development (OECD) is meant to contribute to the 10-year Socio-Economic Development Strategy for 2021-2030 of Vietnam.
Deputy Minister Vu Dai Thang expressed his agreement with the proposed contents of Vietnam-EU cooperation in the coming time and said that by 2020, the National Assembly of Vietnam would approve the Vietnam-EU Free Trade Agreement (EVFTA) and Vietnam - EU Investment Protection Agreement (EVIPA).The adoption of these Agreements, especially the EVIPA, will help to ensure the legal framework for Vietnam - EU investment activities.In particular, the survey results show that Vietnam continues to be an important destination for EU investors./.
Ministry of Planning and Investment