The World Bank has lowered its forecast on the Philippines' gross domestic product growth for 2021 to 4.7 percent from 5.5 percent in March, according to an updated report released by the bank on June 8.
The Indonesian government will receive loans and grants worth over 11.92 trillion rupiah (836.7 million USD) in total through the Environmental Fund Management Agency to finance different projects on green energy and environment, according to local authority.
The World Bank in Vietnam has recently announced its updated report on Vietnam Macro Monitoring in May 2021, which states that most of Vietnam's economic indicators in April were good.
The law on managing the use of State capital invested in an enterprise's manufacturing has revealed shortcomings, according to the Ministry of Finance (MoF).
The World Bank (WB) has signed an agreement with the State Bank of Vietnam (SBV) to provide a non-refundable aid worth 740,000 AUD (563,000 USD) through the Australia-World Bank Group Strategic Partnership’s second phase to help Vietnam conduct a nationwide survey serving its gender policy making.
The World Bank (WB)'s latest update on East Asia and Pacific economies has highlighted the uneven recovery in the regional economies' growth, as countries are recovering from the impact of the COVID-19 pandemic.
Malaysia will become a high-income economy between 2024 and 2028, a reflection of the country’s economic transformation development trajectory over the past decades, according to the World Bank’s flagship report “Aiming High – Navigating the Next Stage of Malaysia’s Development”.
The rapid suppression of the new COVID-19 outbreak in late January 2021 has helped maintain Vietnam’s positive outlook for economic recovery this year, the World Bank (WB) has said.
Prime Minister Nguyen Xuan Phuc talked about a new strategic viewpoint involving eight “Gs” on the development of the Mekong Delta while chairing a conference in Can Tho city on March 13.
Micro- and small-sized enterprises and those in business for less than three years were the most affected by the COVID-19 pandemic, according to a report on the pandemic’s impact on businesses in Vietnam.
The Khmer Times on March 10 cited a recent report from the World Bank (WB) as saying that free trade agreements (FTA), foreign direct investment (FDI) and tourism are essential for Cambodia’s economic recovery.
The World Bank (WB), acting on behalf of the Green Climate Fund (GCF), has signed a 11.3-million-USD grant with the State Bank of Vietnam to support the development of a commercial financing market for industrial energy efficiency investments.
Deforestation in Indonesia was brought down by 75 percent last year thanks to more effective control of forest fires and limitation of woodland clearance, the Ministry of Environment and Forestry has said.
Vietnam’s growth prospects will depend on how well and how quickly the authorities will bring the new coronavirus outbreak under control and how quickly international and national vaccinations will proceed, according to the World Bank (WB).
The Straits Times of Singapore on January 28 ran an article that views 2021 as a year of opportunity for Vietnam while the Australian Financial Review (AFR) said Vietnam has become an essential cog in the global supply chains.
The Times Kuwait news portal on January 27 posted an article on the 13th National Congress of the Communist Party of Vietnam (CPV), describing this as one of the most important political events in the country in 2021.
Russian news agency Sputnik has published an article by Taras Ivanov highlighting Vietnam’s 35 years of renovation under the leadership of the Communist Party of Vietnam.
Vietnam's growth accelerated to 4.5 percent in the last quarter of 2020, resulting in an annual growth rate of 2.9 percent - making it one of the fastest growing economies in the world, according to the World Bank (WB).
Vietnam has started to emerge as the latest Asian nation with a strengthening position in the region, and a future high potential for economic growth, wrote Murat Ungor, a Senior Lecturer, Department of Economics, University of Otago in his article run by New Zealand’s website asiamediacentre.org.nz on January 18.
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