Tag: WB
WB warns of falling production amid COVID-19 outbreak
VOV.VN - The nation must pay close attention to promoting the development of industrial production and retail due to both sectors continuing to be adversely impacted by the novel coronavirus (COVID-19) pandemic, according to the World Bank (WB).
WB helps drive on efficient energy investments in Vietnam
VOV.VN - The World Bank (WB), acting on behalf of the Green Climate Fund (GCF), has signed a US$11.3 million grant with the State Bank of Vietnam to support the development of a commercial financing market for industrial energy efficient investments, with the total financing support from the GCF also including a US$75 million guarantee.
Vietnam’s growth outlook to depend on authorities’ response to new outbreak: WB
Vietnam’s growth prospects will depend on how well and how quickly the authorities will bring the new coronavirus outbreak under control and how quickly international and national vaccinations will proceed, according to the World Bank (WB).
Chinese newspaper lauds Vietnam’s investment attractiveness
China’s Newsweek ran an article recently highlighting the positive outlook for Vietnam’s economy.
Macroeconomic stabilisation in 2020 can create momentum for 2021
VOV.VN - Economic experts believe that macroeconomic stability and growth results achieved amid difficulty circumstances during 2020 can serve as a strong foundation for economic growth in the year ahead.
WB forecasts Vietnamese economy to expand by around 6.8% in 2021
VOV.VN - Looking ahead, Vietnam’s prospects appear positive as the economy is projected to grow by about 6.8% in 2021 and, thereafter, stabilize at around 6.5%, according to the latest World Bank’s economic update for Vietnam “Taking Stock” released on December 21.
Vietnam should take urgent action in face of natural disasters: WB
The World Bank (WB) recently released a report in which it called on the Vietnamese Government to take urgent action to ensure future growth in the face of natural disaster risks.
Innovation should be stepped up to achieve high economic growth: experts
Promoting the development of science and technology as well as digital economy is a wise choice for Vietnam to achieve an annual average economic growth rate of 7% during 2021-2030, according to experts.
WB ready to cooperate with Vietnam in different fields: Managing Director of Operations
The World Bank stands ready to support and cooperate with Vietnam in many spheres like climate change response and renewable energy development, said WB Managing Director of Operations Axel van Trotsenburg on November 4.
WB loan disbursement up 55%
Disbursement of World Bank (WB) loans had increased 55% year-on-year as of September 30, the Ministry of Finance revealed on October 28.