Yes I believe you can use that oil semi synthetic oil was normally used in your engine, I've had a quick look on the VW site regarding this spec of oil.
Conventional motor oils suitable for some VW engines built before MY 2000. This is an “old” oil specification and is applicable to engines built before model year 2000 (up to August 1999). Oils with an approval made post March 1997 were given an alternative, later VW specification. Not suitable for high performance turbo or direct injection engine's.
Passenger car diesel engine oil specification, minimum performance level CCMC PD-2. Lists viscosities SAE 5W-50, 10W-50/60, 15W-40/50, 20W-40/50 requiring 13% max. evaporation loss and SAE 5W-30/40, 10W-30/40 requiring 15% max. evaporation loss.
Not suitable for engine's with exhaust particulate filter.
Basically this oil is compatible with petrol and diesel engines hence 501.01 & 505.00 but is standard minimum grade.
10w/40 should be ok for your 1.4 engine as it was developed used in the early mid 1990s and still used in your 2002 Ibiza.