Tag: 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).
Vietnamese energy market has plenty of room for development
VOV.VN - With national demand for electricity growing by 10.6% in the 2016 to 2020 period, with further growth of 8.5% expected in the 2021 to 2025 period, the country is becoming an attractive market for both domestic and foreign energy investors.
New emergency response project to help Vietnam cope with COVID-19
VOV.VN - The World Bank and the State Bank of Vietnam on July 30 signed a US$6.2 million grant agreement to strengthen Vietnam’s coronavirus surveillance and testing capacities, research capacity for COVID-19 vaccines and test kits.
