Laos not immune to global economic crisis: WB ASEAN

Laos not immune to global economic crisis: WB

Laos’ economic growth is projected to decline in 2020 due to the impact of the COVID-19 pandemic and measures to contain its spread, unveiled a World Bank report on the country’s growth and debt in the year.
More administrative procedures to go online: Minister Business

More administrative procedures to go online: Minister

The Government of Vietnam wants the business community to provide feedback and input to help improve the National Public Service Portal, heard a conference held by the Prime Minister’s Council on Administrative Reform and the World Bank in Hanoi on May 19.
WB advises Vietnam on maximising benefits of EVFTA Business

WB advises Vietnam on maximising benefits of EVFTA

The World Bank (WB) has issued several recommendations to help Vietnam enhance its international integration and capitalise on the EU-Vietnam Free Trade Agreement (EVFTA), which is expected to come into effect shortly.
Remittances to Cambodia drop sharply due to COVID-19 ASEAN

Remittances to Cambodia drop sharply due to COVID-19

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.
IFC supports exports of high quality fruits Business

IFC supports exports of high quality fruits

The IFC, a member of the World Bank Group, has signed a memorandum of understanding with the Plant Protection Department under the Ministry of Agriculture and Rural Development to support efforts to expand export markets for Vietnam's high quality fruits.
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.
Vietnamese economy stays resilient to external shocks: WB Business

Vietnamese economy stays resilient to external shocks: WB

While Vietnam remains significantly exposed to the COVID-19 outbreak and the ongoing turbulence in the global financial markets, its economy stays resilient to external shocks in the first few months of 2020, according to the World Bank (WB).
World Bank helps Philippines fight COVID-19 World

World Bank helps Philippines fight COVID-19

The World Bank has earmarked a 100-million-USD loan to help the Philippines fight the acute respiratory disease caused by the novel coronavirus SARS-CoV-2 (COVID-19), the Philippine Department of Finance said on March 18.