VOV.VN - The Vietnamese economy should be put under the microscope after its growth suddenly slowed in the first quarter of 2023, suggested the World Bank (WB) in its Vietnam Macro Monitoring edition for April.

Vietnam considers the World Bank a top development partner, Deputy Prime Minister Tran Luu Quang said in his reception for Country Director for WB Vietnam Carolyn Turk in Hanoi on April 4.

Deputy Prime Minister Tran Luu Quang has signed a dispatch on the cancellation of World Bank (WB) loans due to the unusability, and the re-allocation and use of the cancelled International Development Association (IDA) loans in the 2022 - 2023 fiscal year.

One of Singapore's top pure-play digital content sites - asianone.com - on March 21 ran an article entitled “Vietnam: Can it become the Fintech Mecca of the east?”, highlighting that Vietnam’s fintech has reached new heights and its growth is fuelled by the newly introduced legal framework.

Vietnamese digital payment firm Momo and American multinational financial services company Western Union on March 20 announced a strategic collaboration enabling customers to receive Western Union money transfers on the MoMo app.

The State Bank of Vietnam must step up efforts in the management of the country's banking sector and prepare for all possible scenarios for timely and effective interventions, according to World Bank.

VOV.VN - Vietnamese economic growth is projected to ease to 6.3% in 2023 from a robust figure of 8% last year, as services growth eases and higher prices and interest rates weigh on households and investors, according to details given by the World Bank (WB)’s latest Taking Stock report released on March 13.

A data management strategy for Ho Chi Minh City by 2025 with a vision towards 2030 was launched on March 3, part of cooperation between the southern metropolis and the World Bank (WB) in 2022-2023.

The Ministry of Finance has proposed to increase the special consumption tax (SCT) on a number of items harmful to health including tobacco, beer, and alcoholic products to limit imports, production and consumption.

European manufacturers are considering investing hundreds of millions of dollars in Vietnam to build wind turbine plants as the country gears up to exploit its large untapped potential in offshore wind, Reuters cited sources familiar with the situation as reporting.