World Bank (WB) Country Director for Vietnam Ousmane Dione said the bank will continue supporting the Southeast Asian country on its development path at a meeting with Politburo member Nguyen Van Binh, head of the Party Central Committee's Economic Commission in Hanoi on June 10.
Overseas remittances sent to Ho Chi Minh City reached US$2.3 billion this year to early June, down 1.9% year-on-year, said the municipal branch of the State Bank of Vietnam.
VOV.VN - Business publication Nikkei Asian Review of Japan has recently released an article, affirming the Vietnam National Assembly’s ratification of the European Union-Vietnam Free Trade Agreement (EVFTA) is expected to transform Vietnam into a fresh investment destination for manufacturers looking for alternatives to China.
VOV.VN - The World Bank Board of Executive Directors on June 5 approved a US$84.4 million IDA credit to support multi-sectoral policy reforms by the Government of Vietnam to promote climate-resilient landscapes and green transport and energy systems.
VOV.VN - After suffering from restrictive measures against COVID-19 in April, the Vietnamese economy is showing signs of recovering in May, with the index of industrial production (IPP) rising by 11% compared to the previous month.
In his blog published on the World Bank website in late May, Jacques Morisset, World Bank Lead Economist and Program Leader for Vietnam, has called the country ‘a bright star in the COVID-19 dark sky’.
Early action, meticulous contact tracing and public communication have contributed to Vietnam's success in handling the COVID-19 pandemic and preventing any deaths, CNN said.
The World Bank (WB) released a report on May 27, offering policy recommendations to help Vietnam maintain quality growth through more dynamic firms, more efficient infrastructure, skills, and a move toward a greener economy.
The People’s Committee of the northern mountainous province of Ha Giang signed a strategic cooperation framework for the 2020 – 2025 period with the World Bank (WB) in Vietnam on May 25.
The World Bank (WB) has predicted that the EU-Vietnam Free Trade Agreement (EVFTA) could help Vietnam’s GDP and exports grow 2.4% and 12%, respectively, by 2030, the Ministry of Industry and Trade (MoIT) has reported.
As the old saying goes, “What does not break you makes you stronger.” This is so true for Vietnam, not only throughout its rich history but also in the current context.
The Government of Vietnam wants the business community to provide feedback and input to help improve the National Public Service Portal, heard a conference held by the Prime Minister’s Council on Administrative Reform and the World Bank in Hanoi on May 19.
Vietnam takes the fourth position in the access-to-electricity index in 2019 in the Association of Southeast Asian Nations (ASEAN), with 82.2 points, according to the World Bank’s Doing Business report.
Remittances sent to Ho Chi Minh City reached US$1.8 billion in the first four months of this year, down 2% year-on-year, said the State Bank of Vietnam branch in the city.
VOV.VN - Vietnam has been hit hard by the current novel coronavirus pandemic (COVID-19), but it will show signs of recovery in the post-coronavirus period, according to the World Bank in its Vietnam Macro Monitoring report for May.
VOV.VN - Defeating COVID-19 is not something any country can do alone. The world needs to stay united and use close cooperation to resolve the crisis.
Vietnamese workers living abroad sent home US$17 billion last year, making Vietnam the world's ninth biggest remittance beneficiary, a World Bank report says.
VOV.VN - While Vietnam is significantly exposed to the COVID-19 outbreak and the ongoing turbulence in the global financial markets, its economy remains resilient to external shocks in the first few months of 2020, the World Bank has said.
VOV.VN - Vietnam is outlining component projects under the National Target Program on Sustainable Development in Ethnic Minority and Mountain Areas until 2030.
A slew of sizeable liquefied natural gas-fired power projects have been in the development pipeline in the past year as a way to replenish national power sources as Vietnam turns on a greener growth path.