Vietnam hopes to receive more WB assistance Politics

Vietnam hopes to receive more WB assistance

Vietnam hopes the World Bank (WB) will continue to support the country to cope with challenges, especially climate change adaptation, renewable energy development, education, and healthcare.

Automobile sales continues to grow

The latest sales figures confirm that despite lingering market difficulties, sales of domestic automakers continue to grow with Toyota, Thaco and Ford outperforming foreign manufacturers in recent months, radio The Voice of Vietnam reported.

Investors express confidence in Vietnam's economic outlook

Overall economic picture in 2014 is brighter than previous years, provided economic restructuring is further accelerated, economist Vu Dinh Anh told the Voice of Vietnam (VOV). The national economy grew at a rate of more than 5.4% in 2013. Excess inventory and bad debts were reduced.

Banking reform should match international norms

Adopting international standards and limiting cross-ownership are among key measures that will ensure Vietnam's banking sector reforms are effective, Michael Krakowski, Director and Chief Technical Advisor of the GIZ Macroeconomic Reform Programme, tells Vietnam News Agency’s English-language daily Viet Nam News.

Gov’t succeeds in regaining macroeconomic stability: IMF

IMF Resident Representative in Vietnam Sanjay Kalra has applauded on the Government’s success in stabilising the macroeconomy, curbing with the inflation rate and accelerating the export turnover.

He stressed the point in an exclusive interview with the Vietnam Government Portal on the occasion that Prime Minister Nguyen Tan Dung presented a report on the socio-economic situation in 2013, results of the first three-year implementation of the five-year plan in 2011-2015 and the tasks for 2014-2015 at the 6th session of the 13th National Assembly.