Business

WB: Vietnam’s economy to grow 5.5 percent in 2014

The Vietnamese economy is expected to grow at a moderate rate of around 5.5 percent this year, according to the East Asia Pacific Economic Update report released by the World Bank (WB) at a press conference in Hanoi on April 7.
WB: Cambodian economy remains stable World

WB: Cambodian economy remains stable

The World Bank (WB) said in a recently released economic update that Cambodia's GDP growth is projected to reach 7 percent in 2013 despite a challenging global economic environment.
World

WB cuts East Asia growth forecasts

The World Bank on October 7 cut its 2013 and 2014 economic growth forecasts for developing economies in East Asia to 7.1 and 7.2 percent respectively.
WB: Vietnam’s economy becomes more stable Business

WB: Vietnam’s economy becomes more stable

Vietnam ’s economy is gradually entering a more stable macroeconomic environment after a prolonged period of heightened turbulence, said a World Bank report.

At a press conference to announce the World Bank’s East Asia-Pacific Economic Update 2012 in Hanoi on May 23, the chief economic expert of the WB in Vietnam, Deepak Mishra said while Vietnam’s economy has started to stabilise, the significant tightening of macroeconomic policies, along with an uncertain global economic environment, are beginning to take a toll on economic growth.