The World Bank (WB) has predicted that the EU-Vietnam Free Trade Agreement (EVFTA) could help Vietnam’s GDP and exports grow 2.4 percent and 12 percent, respectively, by 2030, the Ministry of Industry and Trade (MoIT) has reported.
The World Bank (WB) has called on the Indonesian government to formulate a sound fiscal strategy to “flatten the debt curve” and maintain financial market confidence as debt mounts amid the COVID-19 pandemic.
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.
The US-based Brookings Institute on May 20 ran an article attributing Vietnam’s success in COVID-19 containment to its improved governance and policy coordination.
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.
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 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.
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, said the State Bank of Vietnam branch in the city.
The World Bank (WB) has issued an update on Vietnam’s macro-economy for May, in which it said the economy may prosper again after social distancing measures were eased nationwide on April 23.
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.
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.
The World Bank (WB) warned on April 14 that the slow growth of Cambodia’s construction and real-estate sector, considered one of the country’s economic pillars, could negatively affect the country’s overall growth.
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.
Indonesia will receive loans worth about 7 billion USD from the World Bank, the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB) to finance its fight against the raging COVID-19 pandemic.
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).
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.
Officials of the Mekong Delta city of Can Tho had a working session with World Bank (WB) representatives on March 2 to discuss a water supply project for the region.
Business
