Vietnamplus

Prime Minister Nguyen Xuan Phuc on January 20 had a working session with his economic advisory group in Hanoi.

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.

The Ministry of Finance and the World Bank co-held a seminar in Hanoi on January 15 to discuss the public-private partnership (PPP), international practices and the related bill.

The Vietnamese Finance Ministry and the World Bank (WB) on January 15 signed an agreement worth 10.5 million USD in non-refundable aid for a technical support project on Ho Chi Minh City’s green transport development.

The Vietnam Development Report (VDR) 2019: Connecting Vietnam for Growth and Shared Prosperity was co-launched by the World Bank (WB) and the Ministry of Investment and Planning in Hanoi on January 15.

A conference to review the implementation of the "Fostering Innovation through Research, Science and Technology" (FIRST) project funded by the World Bank was held by the Ministry of Science and Technology in Hanoi on January 14.

Experts gathered at a conference in Hanoi on January 14 to seek ways to improve air quality in the capital city of Vietnam.

The Government will develop an innovative and business-centred ecosystem, Deputy Prime Minister Trinh Dinh Dung said at the Vietnam Business Forum 2019 in Hanoi on January 10.

The annual Vietnam Business Forum 2019 opened in Hanoi on January 10, taking the theme of the roles and support of the business community in rapid and sustainable development.

A report by securities firm SSI on the financial and monetary market says deposit interest rates are likely to be cut by 0.5- 1 percentage point this year, and lending interest rates would also be cut by at least 0.5 percentage points as required by the Government.

Minister and Chairman of the Government Office Mai Tien Dung requested saving time and costs for businesses, during a meeting with ministries and agencies in Hanoi on January 6.

For the first time, Vietnam plans to announce differences between business rules before and after removals or simplifications to evaluate the efficiency of reform efforts.

International media outlets have highlighted Vietnam’s thriving economy which is among the fastest-growing in Southeast Asia in 2019 amid the global economic slowdown.

Remittance flows into Vietnam are expected to reach 16.7 billion USD in 2019, Vice Chairman of the State Committee for Overseas Vietnamese Affairs (SCOVA) Luong Thanh Nghi cited statistics of the World Bank at a meeting with the press in Hanoi on December 26.

To improve the quality of public products and services, the Government in June 2015 issued a decision to transform public non-business organisations into joint-stock businesses.

Deputy Prime Minister Trinh Dinh Dung hosted a reception in Hanoi on December 20 for Regional Director of the World Bank (WB)'s Infrastructure Department in the East Asia and Pacific Region Ranjit Lamech and WB Country Director in Vietnam Ousmane Dion.

The Global Infrastructure Facility (GIF)’s Governing Council has approved 1.5 million USD in funding for the World Bank and Vietnam to carry out the Solar Pilot Auction Programme, the WB said on December 18.

The World Bank (WB) has approved a 400 million USD loan to help the Philippines increase its competitive capacity, enhance fiscal sustainability and strengthening financial resilience to natural disasters and climate change.

Minister of Planning and Investment Nguyen Chi Dung has said authorities are considering the allocation of 1 billion USD for the sustainable development of the Mekong Delta to cope with climate change.

Economists have raised Vietnam’s economic growth forecast after the latest data show that the country’s economic growth topped 7 percent in the recent third quarter.