Project enriches life in Central Highlands Society

Project enriches life in Central Highlands

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.
WB’s Vietnam Development Report 2019 launched Business

WB’s Vietnam Development Report 2019 launched

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.
Bank lending rates expected to fall in 2020 Business

Bank lending rates expected to fall in 2020

A report by securities firm SSI on the financial and monetary market says deposit interest rates are likely to be cut by 0.5- 1 percentage point this year, and lending interest rates would also be cut by at least 0.5 percentage points as required by the Government.
Remittances to Vietnam estimated at 16.7 billion USD Business

Remittances to Vietnam estimated at 16.7 billion USD

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.
Public non-business units slow to change Business

Public non-business units slow to change

To improve the quality of public products and services, the Government in June 2015 issued a decision to transform public non-business organisations into joint-stock businesses.
Deputy PM talks with WB guests about power development Politics

Deputy PM talks with WB guests about power development

Deputy Prime Minister Trinh Dinh Dung hosted a reception in Hanoi on December 20 for Regional Director of the World Bank (WB)'s Infrastructure Department in the East Asia and Pacific Region Ranjit Lamech and WB Country Director in Vietnam Ousmane Dion.