Deputy Minister of Planning and Investment Nguyen Van Trung (Photo: VNA)

On Wednesday at the 2019 session of United Nations Economic and Social Council (ECOSOC) themed “Empowering people and ensuring inclusiveness and equality”, Deputy Minister of Planning and Investment Nguyen Van Trung presented Vietnam’s measures to mobilize state and non-state resources.

Mr Trung introduced the report on Vietnam’s spending needs for SDG implementation and said that Vietnam needs some 108 billion USD to focus on five main sectors of education, healthcare, transportation, rural area development, and power- water supply by 2030.

Of the total amount, the State is able to give 75.8 billion USD, and the remainder is mobilized from the private sector through the public-private partnership (PPP) model, official development assistance (ODA), and many other financial sources.

Mr Trung and the Vietnamese delegation held a working session with Mahmoud Mohieldin, the World Bank (WB) Group Senior Vice President. Both sides discussed the World Bank’s initiative to set up a forum for countries to share their experience in SDGs implementation.