Vietnamplus

The Government of Indonesia expects to boost the country’s “doing business” ranking to the 53rd place on the World Bank (WB)’s list this year in a bid to attract more investment.

The World Bank (WB)’s new approaches to bidding and deployment for solar projects will help Vietnam substantially boost and effectively manage its abundant solar energy resources.

Cambodia is a fast-growing country in a slowing world, the World Bank (WB) said in its latest report.

Indonesian President Joko Widodo has ordered government officials to find a permanent solution to prevent annual forest fires that cause serious consequences.

Pham Van Mang, Chairman of Ba Trang Commune’s People’s Committee in the central province of Quang Ngai, remembers the radiant faces and smiles of local people when a new bridge spanning the Tha Stream was opened thanks to the Central Highlands Poverty Reduction Project.

Trade costs in Vietnam are higher than the regional average, and the competitiveness is limited due to a lack of policy orientations to promote the connection of the domestic market.

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.

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

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.

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.

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.

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.

Vietnam’s economy has performed well in 2019, with GDP expanding by an estimated 6.8 percent, according to the World Bank (WB)’s recent report.

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.

Vietnam’s economy has performed well in 2019, with GDP expanding by an estimated 6.8 percent, public debt reduced by nearly 8 percentage point of GDP since 2016, and a trade balance surplus for fourth year in a row, according to the World Bank (WB)’s report released on December 17.

The total damage and economic losses from forest fires in Indonesia this year has amounted to at least 5.2 billion USD, equal to 0.5 percent of the country’s gross domestic product, the World Bank said in a report on December 11.