Thailand’s economy is projected to recover to its pre-pandemic level in 2022, but the pace of growth will be slower than expected in 2023 owing to global headwinds, according to the World Bank.
Vietnam will need a skilled workforce to transform itself into an upper-middle-income economy by 2035, the World Bank has suggested in its recently-released report named “Taking Stock: Educate to Grow”.
The World Bank said without proper adaptation and mitigation measures, it is estimated that climate change will cost Vietnam about 12-14.5% of GDP a year by 2050 and could plunge up to one million people into extreme poverty by 2030.
Vietnam is anticipated to enjoy the highest trade and income gains among members of Regional Comprehensive Economic Partnership (RCEP), according to a latest World Bank report.
Russian news agency Sputnik has published an article by Taras Ivanov highlighting Vietnam’s 35 years of renovation under the leadership of the Communist Party of Vietnam.
Viet Nam recently signed the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA) agreements.
Vietnam’s exports have become more sophisticated with an impressive diversification of exports and increases in higher-value manufacturing exports, according to a recent World Bank (WB) report.
Laos is among 15 countries worldwide receiving the biggest investment from China in the energy sector, Vientiane Times on October 15 quoted a World Bank report as saying.
Vietnam’s economy is forecast to continue improving, with gross domestic product (GDP) to expand by 6.8 percent this year, said the World Bank (WB) in its latest economic update for Vietnam.
Poverty in Vietnam continues to fall, particularly amongst ethnic minorities, who saw their rate of poverty decline significantly by 13 percentage points, the largest decline in the past decade, says a new World Bank (WB) report.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CP TPP) will bring in huge economic benefits for Vietnam, as according to a new World Bank report released on March 9.
Vietnam’s GDP growth is likely to reach 6.5 percent this year as the country’s economy has weathered the recent turbulence in the external environment fairly well.
World
