Tag: World Bank
Vietnam economy still on recovery track: WB
VOV.VN - The Vietnamese economy remains on track despite the impact of the COVID-19 pandemic, but greater attention should be paid to maintaining the fiscal and financial stability, according to the World Bank in its September 2020 update.
WB report outlines increase in Vietnam's human capital index 2020
VOV.VN - Vietnam’s human capital index 2020 is higher than average for the East Asia & Pacific region and lower-middle income countries, although the stunted rate among children reached up to 25%, according to the World Bank.
Facilitation Council of ACT-A important to fight COVID-19: Vietnamese diplomat
Vietnam hailed the World Health Organization (WHO)’s initiative to set up the Facilitation Council of the Access to COVID-19 Tools Accelerator (ACT-A), has said Ambassador Le Thi Tuyet Mai.
Vietnam's current account surplus forecast at 3.7%
Vietnam’s current account surplus could narrow to 3.7% in 2020 from 4.9% last year due to the impacts of the COVID-19 pandemic, according to Fitch Solutions.
Multi-million US dollar project helps manage flooding, water resources in Vinh Phuc
A project on water and flood management in the northern province of Vinh Phuc has had a significant role to play given the locality has been facing major inundation for many years, especially during the wet season.
Transparent policies best way to penetrate global value chains
VOV.VN - Policy clarification and adjustment are the best methods in which the nation can further integrate into global value chains, according to Ambassador of the EU to Vietnam Giorgio Aliberti.
Open Budget Portal makes debut in Hanoi
VOV.VN - The Open Budget Portal made its debut in Hanoi on August 26 with the aim of improving budget transparency and financial activities.
Foreign banks pour capital into Vietnam
The International Finance Corporation (IFC), a member of the World Bank Group, announced on August 11 that it will provide a US$70 million loan to Indo Trans Logistics Corporation (ITL Corp).
Local businesses told to upgrade upon entering EU market
VOV.VN - With the EU representing a meticulous market, there is no room for impatient businesses that show a lack of creativity or have poor-quality goods, meaning that local firms must be proactively innovative with their product quality.
IFC helps Vietnamese bank aid SMEs amid COVID-19
The International Finance Corporation (IFC) – a member of the World Bank Group – will provide another US$40 million for the Orient Commercial Bank (OCB) to help with the support of COVID-hit clients, especially small and medium enterprises (SMEs).
