VOV.VN - Vietnam is relying too much on monetary policies in order to stimulate demand. However, loosening lending standards and lowering interest rates serve to reduce asset quality, thereby creating asset bubbles, according to economic experts.

Minister of Natural Resources and Environment Dang Quoc Khanh has hailed the World Bank (WB)’s effective cooperation with Vietnam, especially in climate change response, green growth and environmental protection.

Deputy Minister of Industry and Trade Phan Thi Thang on July 4 expressed her hope that Vietnam and the World Bank (WB) will step up their cooperation in the time ahead, prioritising the improvement of energy efficiency and sustainable clean energy.

VOV.VN - The World Bank Board of Directors approved a US$263.9¬-million International Development Association credit for Vietnam on June 19, aimed at bolstering the country’s efforts to achieve an inclusive, green, and digitally-driven economic recovery with reforms aimed at supporting households, businesses, and expansion of renewable energy.

VOV.VN - Continued weak external demand coupled with global uncertainties are adversely affecting the Vietnamese economy, translating into contraction in both imports and exports, as well as a slowdown in industrial production, said the World Bank in its Vietnam Macro Monitoring, June edition.

VOV.VN - The Australian Government and the World Bank (WB) have formally agreed to extend their partnership in support of the sustainable and inclusive Vietnamese development agenda.

Many reputable international organisations have shown their optimism about Vietnamese economic outlook, predicting that the country can complete its GDP growth target of 6.5% this year.

Vietnam’s is seeking investment in clean energy as part of its scheme to develop a carbon market in order to achieve net zero emissions by 2050.

Andrea Coppola, World Bank Lead Economist for Vietnam speaks to Vietnam News Agency about his recommendations for the country to speed up economic recovery and development in the time to come.

VOV.VN - Cai Mep port of Vietnam was ranked 12th among the 348 most efficient container terminals/port clusters globally, according to the Container Port Performance Index 2022 report (CPPI 2022) which was recently published by the World Bank and S&P Global Market Intelligence.