World Bank helps Vietnam cope with COVID-19 Society

World Bank helps Vietnam cope with COVID-19

The World Bank and the State Bank of Vietnam on July 30 signed a 6.2 million USD grant agreement to strengthen Vietnam’s COVID-19 surveillance and testing capacities, research capacity for COVID-19 vaccines and test kits, and communications about the pandemic.
Philippines sees record high in unemployment rate ASEAN

Philippines sees record high in unemployment rate

Unemployment in the Philippines soared to 17.7 percent in April, equivalent to around 7.3 million jobless Filipinos amid the COVID-19 pandemic, the Philippine Statistics Authority (PSA) announced on June 5.
WB approves 500 mln USD loan to Philippines World

WB approves 500 mln USD loan to Philippines

The World Bank (WB) said on April 10 that its Board of Executive Directors had approved 500 million USD policy loan to help strengthen the Philippine government's capacity to address disaster risks, respond to and recover from natural disasters, as well as support urgent needs created by the COVID-19 crisis.
WB, Japan help Vietnam improve taxation management Business

WB, Japan help Vietnam improve taxation management

The World Bank (WB) and the State Bank of Vietnam on August 2 signed an agreement worth 4.2 million USD in non-refundable aid provided by the Japanese government to launch a taxation system modernisation project in Vietnam.
WB highlights benefits, challenges from FTA with EU to Vietnam Business

WB highlights benefits, challenges from FTA with EU to Vietnam

The EU – Vietnam Free Trade Agreement (EVTA) to be signed on June 30 will bring both opportunities and challenges to Vietnam, so domestic enterprises should be really prepared to take full advantages of benefits from the deal, said Sebastian Eckardt, lead economist of the World Bank (WB) in Vietnam.
ADB, WB steps up online bidding in Vietnam Business

ADB, WB steps up online bidding in Vietnam

The Asian Development Bank (ADB) and the World Bank (WB) have decided to use the Vietnam National E-Procurement System (VNEPS) to conduct online bidding for construction and goods supply contracts for their projects.