Vietnam’s economy expanded by 7.5% in the first half of 2025, one of the fastest rates in the region, reflecting strong momentum despite continued global uncertainties, according to the latest Vietnam Economic Update by the World Bank (WB), released on September 8.

VOV.VN - After nearly four decades of reforms and global integration, Vietnam, from a poor country facing many challenges, has risen strongly to become a country approaching a high-middle-income status.

VOV.VN - Chairman of the Hanoi People’s Committee Tran Sy Thanh and World Bank Country Director Mariam J. Sherman have agreed to deepen cooperation on urban infrastructure development, with a particular focus on the Ngoc Hoi-Hanoi Station railway line.

The World Bank (WB) has urged Vietnam to take urgent action to adapt to climate change, in addition to its policy recommendations to improve public investment efficiency, strengthen accountability, and enhance the legal framework.

To achieve its ambitious goal of high-income status by 2045, Vietnam needs to deepen the sweeping institutional reforms that are underway and promote greener development, according to two new World Bank reports released on May 22.

VOV.VN - Vietnam can fully realise its goal of becoming a high-income country by 2045, provided it stays committed to pursuing two strategic drivers - institutional reform and green development, according to the World Bank (WB).

Vietnam’s recent development stands as one of the world’s most remarkable success stories, stated Martin Rama, former World Bank (WB) Chief Economist for the Latin America and Caribbean region, who once worked in the Southeast Asian nation.

VOV.VN - According to the World Bank’s latest report, the Vietnamese economy is expected to experience a slowdown in 2025 but will pick up momentum again in 2026 and beyond.

The World Bank (WB) remains strongly committed to supporting infrastructure development in Vietnam, particularly in the field of transport, said Mariam Sherman, WB Country Director for Vietnam, Cambodia, and Lao, during a working session with Minister of Construction Tran Hong Minh in Hanoi on April 18.

A ceremony for signing loan and grant agreements worth nearly US$400 million between Vietnam and the World Bank (WB) and the Asian Development Bank (ADB) for several socio-economic development projects in southern and central localities was held in Hanoi on April 16.