The State Bank of Vietnam must step up efforts in the management of the country's banking sector and prepare for all possible scenarios for timely and effective interventions, according to the World Bank (WB).
Despite a decline in FDI registration, commitment in manufacturing rebounded sharply, increasing by 158% month on month and 50% year on year, according to the World Bank (WB).
Vice National Assembly Chairman Nguyen Duc Hai had a working session in Hanoi on August 16 with a delegation from the World Bank (WB) led by Danny Leipziger, Managing Director of the Growth Dialogue.
Prime Minister Pham Minh Chinh received Director General of the World Bank (WB) Axel Van Trotsenburg and leaders of some US corporations on May 11 (local time) during his working visit to the US.
Director-General of the Vietnam Social Security (VSS) Nguyen The Manh asked the World Bank (WB) to help the agency further improve the quality and effectiveness of its social and health insurance services during his meeting with WB Country Director for Vietnam Carolyn Turk in Hanoi on April 21.
The World Bank (WB) supports the Indonesian government's endeavors in recovering the economy from the impact of the COVID-19 pandemic while still addressing the issues related to climate change.
Chairman of the Ho Chi Minh City People’s Committee Phan Van Mai had a meeting with visiting World Bank (WB) Regional Vice President for East Asia and Pacific Manuela V. Ferro on March 23 to discuss ways for enhancing cooperation.
Prime Minister Pham Minh Chinh received World Bank (WB) Regional Vice President for East Asia and Pacific Manuela V. Ferro in Hanoi on March 21, affirming that the Vietnamese Government always views the WB as a good friend and a highly important development partner.
The World Bank (WB) on March 11 released its brief updating Vietnam’s economic development in March, stating that the economy continues to show resilience and is recovering although downside risks have heightened.
Vietnam’s economic conditions continued to improve, with both industrial production and retail sales registered a third month of growth, said World Bank (WB) in the December edition of its Vietnam Macro Monitoring.
The World Bank will always support Vietnam and Ho Chi Minh City in particular during the process of construction and development, WB Country Director for Vietnam Carolyn Turk said on November 29.
Politburo member and Secretary of the Hanoi Party Committee Dinh Tien Dung appreciated the World Bank (WB)’s aid for the capital while receiving WB Country Director for Vietnam Carolyn Turk on November 2.
The Khmer Times on March 10 cited a recent report from the World Bank (WB) as saying that free trade agreements (FTA), foreign direct investment (FDI) and tourism are essential for Cambodia’s economic recovery.
Vietnam has set an annual growth target of 15-20 percent for the logistics sector, making up 8-10 percent of the country’s gross domestic product (GDP). Besides, logistics costs are also expected to reduce, equivalent to 16-20 percent of the GDP.
The World Bank (WB) recently released a report in which it called on the Vietnamese Government to take urgent action to ensure future growth in the face of natural disaster risks.
Thailand's economy could contract by as much as 10.4 percent this year as trade and tourism are severely dampened by COVID-19, with the ongoing drought and floods adding to the woes, said the World Bank (WB).
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