Keyword: "WB"

157 Result

Seafood processed for export (Photo: VNA)

Vietnam emerges as East Asia – Pacific’s economic powerhouse: WB

Vietnam has distinguished itself as one of the fastest-growing economies in the East Asia-Pacific region in 2024. The country's remarkable performance is attributed to a robust recovery in exports coupled with strong domestic demand, Andrea Coppola, the World Bank's Lead Country Economist and Programme Leader for Equitable Growth, Finance and Institutions in Vietnam, Cambodia, and Laos, told the Vietnam News Agency.

Delegates at the inauguration of the The Phan Rang-Thap Cham city sub-project – part of the Coastal Cities Sustainable Environment Project funded by the World Bank Group in the south-central province of Ninh Thuan. (Photo: VNA)

Nearly-98-million-USD environment project inaugurated in Ninh Thuan

The Phan Rang-Thap Cham city sub-project – part of the Coastal Cities Sustainable Environment Project funded by the World Bank Group was inauguarted in the south-central province of Ninh Thuan on November 2 with improved infrastructure works that can benefit 69,000 local residents.

The government plans to launch a 500 billion baht handout scheme in the fourth quarter to support the economy. (Photo: reuters.com)

WB lowers Thailand’s economic growth outlook in 2024

Thailand's economic growth is projected to be 2.4% in 2024, down from the 2.8% forecast in April, mainly due to weaker-than-expected exports and contracted public investment earlier this year, the World Bank (WB) said on July 3.

Eight coastal localities get more support in forestry modernisation

Eight coastal localities get more support in forestry modernisation

The 4,040 hectares of forests planted and restored in the first phase of the World Bank (WB)-funded Forest Sector Modernisation and Coastal Resilience Enhancement Project will receive further care, as Prime Minister Pham Minh Chinh has issued a decision on the adjustment of the project investment, an official has said.
Acting President hosts WB Country Director

Acting President hosts WB Country Director

Acting President Vo Thi Anh Xuan hosted in Hanoi on March 27 a reception for World Bank (WB) Country Director for Vietnam Carolyn Turk, who came to say goodbye at the end of her tenure.
WB's 51.5-million-USD payment helping Vietnam reduce emissions

WB's 51.5-million-USD payment helping Vietnam reduce emissions

Vietnam has received a 51.5-million-USD payment for verified emissions reductions (carbon credits) for reducing deforestation and forest degradation (commonly known as REDD+) and for enhancing carbon stored in forests through reforestation and afforestation.
Malaysia’s 2024 economic outlook positive: experts

Malaysia’s 2024 economic outlook positive: experts

Malaysia’s Institute for Democracy and Economic Affairs (IDEAS) on March 6 held a “Malaysia Outlook Conference 2024: Ensuring Stability Delivers” which attracted researchers, scholars, and the media.
Vietnam earns 51.5 million USD from first forest carbon credit sale

Vietnam earns 51.5 million USD from first forest carbon credit sale

2023 marked a significant milestone for the forestry sector as Vietnam successfully sold 10.3 million forest carbon credits (10.3 million tonnes of CO2) for the first time through the World Bank (WB) for 51.5 million USD, said Deputy Minister of Agriculture and Rural Development Nguyen Quoc Tri.
Forestry sector aims for 17.5 billion USD in exports next year

Forestry sector aims for 17.5 billion USD in exports next year

The forestry sector is set to harvest 17.5 billion USD from exports and 23 million m3 of wood from planted forests in 2024, Trieu Van Luc, Deputy Director of the Forestry Department under the Ministry of Agriculture and Rural Development, has unveiled.
Vietnam a bright spot in global panorama

Vietnam a bright spot in global panorama

Vietnam has recorded many encouraging results amid complex and unexpected developments in the world situation in 2023. Many experts and international organisations perceived that the country remains a bright spot in the global panorama.
Vietnam's economy remains resilient in 2023: WB official

Vietnam's economy remains resilient in 2023: WB official

Andrea Coppola, World Bank Lead Economist for Vietnam, has described Vietnam in 2023 as resilient, saying that amid the global economic slowdown, the Southeast Asian nation was still able to sustain a rate of growth that many other countries in the rest of the world can only dream about.