Using energy economically and efficiently is a practical solution to help ensure national energy security, develop the economy, protect the environment and reduce greenhouse gas emissions, Trinh Quoc Vu, Deputy Director of the Department of Energy Saving and Sustainable Department under the Ministry of Industry and Trade (MoIT) said on May 5.
Vietnam’s geography gives it a logistical advantage in boosting production, export and logistics services. This year, the Government has set targets of tapping its full potential.
Vietnam is poised to emerge strongly from the COVID-19 pandemic and place itself firmly on the radar of foreign investors, buoyed by rapid industrialization and a fast-growing middle-class.
Amid a protracted COVID-19 outbreak, socio-economic data in October showed the contraction has bottommed out and Vietnam's economy has made positive changes, the World Bank (WB) in Vietnam said in its Vietnam macroeconomic update for November released on November 12.
The World Bank has revised Malaysia’s economic growth projection to 3.3 percent in 2021, while forecasting a higher economic growth of 5.8 percent in 2022 and 4.5 percent in 2023 for Malaysia.
Vietnam’s economy will recover on the back of solid growth achieved in the first half of 2021 after the lockdown is lifted, Dorsati Madani, Senior Economist at the World Bank (WB) Vietnam, has said.
Vi Thanh city in the Mekong Delta province of Hau Giang will make efforts to ensure the progress of the Vietnam - Scaling-Up Urban Upgrading Project: Resettlement plan for Vi Thanh city, heard a meeting on September 13.
The Lao economy is on course for moderately improved growth in 2021, despite an outbreak of COVID-19 denting the promising economic recovery made earlier in the year, according to the World Bank.
Vietnam’s growth prospects will depend on how well and how quickly the authorities will bring the new coronavirus outbreak under control and how quickly international and national vaccinations will proceed, according to the World Bank (WB).
Vietnam's growth accelerated to 4.5 percent in the last quarter of 2020, resulting in an annual growth rate of 2.9 percent - making it one of the fastest growing economies in the world, according to the World Bank (WB).
Promoting the development of science and technology as well as digital economy is a wise choice for Vietnam to achieve an annual average economic growth rate of 7 percent during 2021-2030, according to experts.
With its outstanding achievements over the past three decades, Vietnam is a development success story and continues to perform well even in the pandemic on a range of indicators, including trade, growth and human capital, Victoria Kwakwa, Vice President for East Asia and the Pacific at the World Bank, has said.
The expanded road transport network with the building of expressways in Vietnam has contributed to the country’s noted economic growth over the past 15 years, heard a forum in central Khanh Hoa province on September 28.
The World Bank in Vietnam announced on June 6 that the Bank’s Board of Executive Directors had approved an 84.4 million USD credit from the International Development Association (IDA) to support Vietnam’s multi-sectoral policy reforms so as to promote climate-resilient landscapes and green transport and energy systems.
Remittances sent to Ho Chi Minh City reached 1.8 billion USD in the first four months of this year, down 2 percent year-on-year, according to the State Bank of Vietnam branch in the city.
Cambodia is to join the ranks of declining overseas worker remittances this year after the World Bank projected global remittances will decline sharply by about 20 percent in 2020 because of the economic crisis induced by the COVID-19 pandemic and consequent business shutdowns.
A leader of Ho Chi Minh City on January 17 expressed his hope that the World Bank (WB) will assist Vietnam’s southern economic hub to build an international financial centre.
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