WB loan to support Vietnam’s economic recovery Business

WB loan to support Vietnam’s economic recovery

The Vietnamese Government and the World Bank have signed an agreement for financing of 221.5 million USD to support Vietnam’s post-pandemic recovery through policy reforms aimed at improving financial inclusion and spurring greater environmental resilience.
Vietnam’s economic conditions improve further: WB Business

Vietnam’s economic conditions improve further: WB

Vietnam’s economic conditions continued to improve, with both industrial production and retail sales registered a third month of growth, said World Bank (WB) in the December edition of its Vietnam Macro Monitoring.
Vietnam eyes green and sustainable agriculture Business

Vietnam eyes green and sustainable agriculture

Minister of Agriculture and Rural Development Le Minh Hoan and World Bank Country Director for Vietnam Carolyn Turk co-chaired a high-level policy dialogue on low-carbon green agricultural transformation and emissions reduction on November 30.
WB pledges further support to HCM City Politics

WB pledges further support to HCM City

The World Bank will always support Vietnam and Ho Chi Minh City in particular during the process of construction and development, WB Country Director for Vietnam Carolyn Turk said on November 29.
Vietnam’s economy sees positive changes: World Bank Business

Vietnam’s economy sees positive changes: World Bank

Amid a protracted COVID-19 outbreak, socio-economic data in October showed the contraction has bottommed out and Vietnam's economy has made positive changes, the World Bank (WB) in Vietnam said in its Vietnam macroeconomic update for November released on November 12.
PM busy with COP26 sidelines meetings Politics

PM busy with COP26 sidelines meetings

Prime Minister Pham Minh Chinh on November 2 met with Prime Minister of the Czech Republic Andrej Babis, President of the Republic of Armenia Armen Sarkisian and World Bank (WB) Managing Director of Operations Axel van Trotsenburg on the sidelines of the 26th United Nations Climate Change Conference of the Parties (COP26) in the UK.
Vietnam eyes building blue economy partnership group Business

Vietnam eyes building blue economy partnership group

The Vietnam Administration of Sea and Islands (VASI) at the Ministry of Natural Resources and Environment and the World Bank have jointly held a virtual consultation workshop on the building of a Blue Economy partnership group.
WB, Japan help care for older persons in Vietnam Society

WB, Japan help care for older persons in Vietnam

The World Bank (WB) and partners on September 29 launched a project aiming to reduce economic and health vulnerability of older persons in Vietnam, under a 2.75-million-USD grant, funded by the Government of Japan through the Japan Social Development Fund.
World Bank revises growth forecast for Malaysia World

World Bank revises growth forecast for Malaysia

The World Bank has revised Malaysia’s economic growth projection to 3.3 percent in 2021, while forecasting a higher economic growth of 5.8 percent in 2022 and 4.5 percent in 2023 for Malaysia.
World Bank suggests ways for Vietnam to recover economy Business

World Bank suggests ways for Vietnam to recover economy

The World Bank has suggested the Vietnamese Government early devise back-up plans in case the COVID-19 pandemic could last one or two more years, and conduct vaccination in parallel with testing to control the pandemic and mitigate its economic loss.
Foreign investors maintain confidence in Vietnam’s economy Business

Foreign investors maintain confidence in Vietnam’s economy

Vietnam attracted 14 billion USD in foreign direct investment (FDI) in the first eight months of this year, only 2 percent lower than the same period last year, showing foreign investors’ confidence in Vietnam’s economic scenario in mid-and long terms.