The Asian Development Bank (ADB) is willing to provide long-term and low-interest-rate loans for Viet Nam’s major socio-economic infrastructure projects, its new Country Director Eric Sidgwick assured Prime Minister Nguyen Tan Dung during a meeting in Hanoi on September 21.

Given what Viet Nam has achieved over the past 3 years thanks to sound directions, the ADB will raise its economic growth forecast for Viet Nam to 6.5% this year and 6.6% by 2016 during a press conference on September 22, he revealed.

Expressing his agency’s desire to deepen bilateral ties with Viet Nam, Sidgwick said the ADB is working with agencies concerned to devise a 5-year strategy to support Viet Nam.

The PM, for his part, spoke highly of the policy, technical and resource support that the ADB has offered to Viet Nam and pledged to utilise the financial institution’s resources efficiently and consider the bank a partner on its development path.

(Source: VNA)