Saturday, November 17, 2018 - 13:26:21

East Asia and Pacific region

WB: East Asia, Pacific economic growth to remain resilient

World

WB: East Asia, Pacific economic growth to remain resilient

Large developing economies in Southeast Asia, including Vietnam, will likely expand slightly faster in 2017-18, thanks to robust domestic consumption, a gradual recovery in the global economy and commodity prices, the World Bank (WB) said in its East Asia and Pacific Economic Update report.

Vietnamese firms need long-term vision: WB expert

Business

Vietnamese firms need long-term vision: WB expert

In 2014, the Government took the initiative to speed up restructuring of State-owned enterprises, but it also needs to strengthen its focus on another pillar of the economy, the private sector, which is key to the nation's future success, said Wendy Jo Werner, the World Bank Group's Practice Group Manager on Trade and Competitiveness for the East Asia and Pacific region.

WB's East Asian-Pacific economic update released

World

WB's East Asian-Pacific economic update released

Developing countries in the East Asian-Pacific region will experience slightly slower rates of economic growth this year, according to the East Asian- Pacific economic update published by the World Bank (WB) in Singapore on October 6.