Vietnamplus

The World Bank in Vietnam announced on June 6 that the Bank’s Board of Executive Directors had approved an 84.4 million USD credit from the International Development Association (IDA) to support Vietnam’s multi-sectoral policy reforms so as to promote climate-resilient landscapes and green transport and energy systems.

Malaysia's total capital market grew by 3 percent year on year to 3.2 trillion MYR (753 billion USD) in 2019, driven largely by Islamic capital market, the Securities Commission Malaysia (SC) announced on April 16.

The annual Vietnam Finance Forum 2019 was held in the northern province of Quang Ninh on September 19 by the Ministry of Finance, focusing its discussion on the theme of “Fiscal and Financial Policy Reforms as Drivers for Renewing the Growth Model and Restructuring the Economy in Vietnam”.

Policy reforms are needed to expand social insurance coverage.

Vietnam has successfully integrated in several global value chains and can increase its added value by policy reforms and initiatives in the fields of transport, services, border procedures and regional integration, said Ousmane Dione, World Bank (WB) Country Director for Vietnam.

The Asian Development Bank (ADB) has approved a loan worth 500 million USD for Indonesia to continue its policy reforms to reduce barriers for investment and encourage more PPPs.