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Tag: World Bank

Foreign media praise Vietnam’s economic growth in 2020
Foreign media praise Vietnam’s economic growth in 2020

Despite being the lowest in the past three decades, Vietnam’s 2.91% growth recorded this year is still a success of the nation in the context of the COVID-19 pandemic that is ravaging the whole world, according to foreign media.

Foreign media praise Vietnam’s economic growth in 2020

Foreign media praise Vietnam’s economic growth in 2020

Government determined to increase GDP growth by 0.5% in 2021
Government determined to increase GDP growth by 0.5% in 2021

VOV.VN - Prime Minister Nguyen Xuan Phuc affirmed the Government’s determination to elevate GDP growth by 0.5% ahead in 2021 during his opening remarks at a Government Conference held virtually with localities on December 28 in Hanoi.

Government determined to increase GDP growth by 0.5% in 2021

Government determined to increase GDP growth by 0.5% in 2021

Vietnam obtains GDP growth of 2.8% in 2020: Finance Minister
Vietnam obtains GDP growth of 2.8% in 2020: Finance Minister

VOV.VN - Vietnam is expected to achieve a GDP growth rate of 2.8% this year, a significant figure among new emerging economies despite the impact of the COVID-19 pandemic, revealed Finance Minister Dinh Tien Dung.

Vietnam obtains GDP growth of 2.8% in 2020: Finance Minister

Vietnam obtains GDP growth of 2.8% in 2020: Finance Minister

Portal launched to help firms gain more insights into FTAs
Portal launched to help firms gain more insights into FTAs

VOV.VN - A portal of Free Trade Agreements (FTAP) made its debut in Hanoi on December 23 in an effort to help local businesses and people gain greater insights into the benefits brought about by the FTAs that Vietnam has signed with its partners.

Portal launched to help firms gain more insights into FTAs

Portal launched to help firms gain more insights into FTAs

Vietnam Business Forum 2020 opens on Dec. 22
Vietnam Business Forum 2020 opens on Dec. 22

The annual Vietnam Business Forum (VBF) 2020 opened in Hanoi on Dec. 22 with the theme “Challenges and opportunities in the new normal”.

Vietnam Business Forum 2020 opens on Dec. 22

Vietnam Business Forum 2020 opens on Dec. 22

WB forecasts Vietnamese economy to expand by around 6.8% in 2021
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.

WB forecasts Vietnamese economy to expand by around 6.8% in 2021

WB forecasts Vietnamese economy to expand by around 6.8% in 2021

Mekong Connect 2020 seeks to introduce products into global value chain
Mekong Connect 2020 seeks to introduce products into global value chain

VOV.VN - The Mekong Connect 2020 forum got underway on Dec. 21 in the Mekong Delta province of Dong Thap in order to discuss ways in which to introduce local products into the global value chain.

Mekong Connect 2020 seeks to introduce products into global value chain

Mekong Connect 2020 seeks to introduce products into global value chain

Overseas remittances to HCM City remain stable despite COVID-19
Overseas remittances to HCM City remain stable despite COVID-19

VOV.VN - Overseas remittances to Ho Chi Minh City remain stable despite the COVID-19 epidemic, with the overall amount anticipated to reach approximately US$5.5 billion this year.

Overseas remittances to HCM City remain stable despite COVID-19

Overseas remittances to HCM City remain stable despite COVID-19

Overseas remittances estimated at US$15.6 billion in 2020
Overseas remittances estimated at US$15.6 billion in 2020

VOV.VN - Overseas remittances to Vietnam are projected to fall slightly from US$17 billion last year to more than US$15.6 billion this year, reported the World Bank.

Overseas remittances estimated at US$15.6 billion in 2020

Overseas remittances estimated at US$15.6 billion in 2020

Vietnam’s logistic costs remain high compared to regional and global average
Vietnam’s logistic costs remain high compared to regional and global average

VOV.VN - The logistics sector is widely regarded as a key ingredient for Vietnam's competitiveness and inclusive growth, although the country’s logistics costs remain high in comparison to the regional and global average, according to insiders speaking at the Vietnam Logistics Forum 2020 held on November 26 in Hanoi.

Vietnam’s logistic costs remain high compared to regional and global average

Vietnam’s logistic costs remain high compared to regional and global average

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