As part of the Viet Nam Joint Capital Markets Development Program (J-CAP), the WB mission conducted a working visit to Vietnam from January 21–23, 2026, and held a meeting with the General Director of VDB to gain insights into VDB’s role in infrastructure financing to support Vietnam’s upcoming fast economic growth, as well as to discuss potential areas of cooperation in this area.
At the meeting, General Director Dao Quang Tuong, expressed his pleasure in welcoming the WB mission. He provided an overview of VDB’s mandates, functions, operations, and strategic orientation in infrastructure financing, particularly for national key projects. He emphasized that in the coming period, VDB will focus on capacity building and human resource development, fostering innovative thinking and operational approaches, and accelerating the application of information technology and digital banking to reduce management costs, enhance service quality, and continue to affirm its role as a state financial institution trusted by the Government and the State.
Both sides also agreed to explore the potential development of a blended finance model involving the participation of WB and VDB to support financing in sectors such as energy, water, and transport. This approach would leverage VDB’s project management experience while utilizing WB’s resources and credibility to mobilize private sector participation.
At the conclusion of the meeting, based on the discussions held, both sides agreed to continue coordination and technical-level discussions on the matters raised, with a view to promoting a close and effective partnership between WB and VDB in the time ahead./.