VOV.VN - Axel van Trotsenburg, the World Bank Managing Director of Operations is paying an official visit to Vietnam on July 18-19 with a view to discussing with Vietnamese leaders the evolution of World Bank - Vietnam partnership and areas of World Bank support over the next 4-5 years.

Vietnam needs to invest approximately US$368 billion from now until 2040 to build a climate resilient and low-carbon economy, according to the Vietnam Country Climate and Development Report (CCDR) released by the World Bank on July 13.

In an article posted on July 12, The Business Times of Singapore cited some economists' opinions that said Vietnam’s economy is back on track for a strong recovery this year.

Russian cybersecurity firm Kaspersky Lab recently described Vietnam as the safest country in Southeast Asia against the threat of financial attacks targeting banks, payment systems and online stores.

Banks are forecast to have a credit expansion at the end of the third quarter of 2022, according to Saigon Securities Incorporation.

The State Bank of Vietnam (SBV) has issued a decision on digital transformation plan in 2022, under which all of the administrative procedures are to be handled online.

VOV.VN - International media outlets have made an in-depth analysis of Vietnam’s strong economic recovery in the first half of the year, noting the local economy is gradually securing pre-COVID pandemic growth.

The Vietnam Report JSC has recently published the list of the top 10 prestigious banks in Vietnam in 2022.

Vietnam’s economic growth accelerated faster than expected in the second quarter of this year, as a recovery in exports and manufacturing helped offset risks from coronavirus outbreaks and rising oil prices, Bloomberg reported.

VOV.VN - Singapore-based United Overseas Bank (UOB) has raised Vietnam’s projected GDP growth this year to 7% thanks to the country’s impressive economic growth recorded in the second quarter of the year.