VGP - The World Bank (WB) Board of Directors has approved the Binh Duong Province Water Environment Improvement Project.
VGP - Viet Nam’s economic performance in 2023 was resilient and positive considering the very challenging global context. The country was still able to sustain a rate of growth that many other countries in the rest of the world can only dream about, according to the World Bank (WB).
VGP - As Viet Nam’s economy still faces headwinds, the authorities could consider extending the implementation of the economic support program (2022-2023) into next year, suggested the World Bank (WB).
VGP - With the right policies and strategies, Viet Nam can integrate decarbonization efforts to advance development without impeding GDP growth, said Country Director of the World Bank (WB) in Viet Nam Carolyn Turk.
VGP - Cumulative foreign direct investment (FDI) commitment in Viet Nam increased despite global uncertainties, thanks to continued confidence in Viet Nam’s stability and openness, noted the World Bank (WB).
VGP - The Vietnamese Government considers the World Bank (WB) as a crucial development partner, reiterated Prime Minister Pham Minh Chinh during his reception for WB Country Director in Viet Nam Carolyn Turk in Ha Noi on Friday.
VGP - New foreign direct investment (FDI) commitments reflect continued confidence by foreign investors in Viet Nam’s outlook despite global uncertainties, noted the World Bank (WB).
VGP - The government of Viet Nam has certainly tried to support the economy through its efficient and effective monetary and fiscal policies, said Senior Economist at the World Bank (WB) Viet Nam Dorsati Madani in a recent interview with VGP.
VGP - Viet Nam’s economy will pick up pace over the second half of this year, and the following years, according to the World Bank (WB)’s latest economic update entitled “Making Public Investment Work for Growth”.
VGP - The World Bank (WB) Board of Directors has approved a project to strengthen flood resilience and improve sanitation, transport, and public space infrastructure in Vinh City in the central province of Nghe An.
VGP - Viet Nam should prioritize investments in digital and green technologies, infrastructure, and in human capital to help promote sustainable long-term development, suggested the World Bank (WB).
VGP - The Australian Government and the World Bank (WB) have formally agreed to extend their partnership in support of Viet Nam’s sustainable and inclusive development agenda.
VGP - Viet Nam’s GDP growth is expected to grow by 6.3 percent in 2023, the World Bank (WB) said in its taking stock report themed “Harnessing the potential of the service sector for growth” released on March 13.
VGP - World Bank (WB) Lead Country Economist and Program Leader for Equitable Growth, Finance and Institutions in Viet Nam Andrea Coppola underscored the importance of structural policies to continue strengthening Viet Nam’s long-term growth prospects at the 5th Viet Nam Economic Forum.
VGP - Viet Nam has a strong macroeconomic performance in 2022. The economy grew by 8.02 percent in 2022. This is a remarkable result, particularly considering the economic slowdown experienced in the rest of the world.
VGP - The two drivers of Viet Nam’s economic growth, exports and domestic demand, are moderating while the Vietnamese Dong slightly strengthened in November 2022.
VGP - The World Bank (WB) vows to continue partnership with the Vietnamese side to facilitate the implementation of the reforms needed to make the Southeast region a leading economic engine of Viet Nam.
VGP - Viet Nam has been extremely successful in the last decade in reducing poverty and especially extreme poverty which has declined to from 16.8 percent in 2010 to 5 percent in 2020 (based on the World Bank (WB) lower middle income country poverty line).
VGP - Viet Nam’s economic recovery has continued despite heightened economic uncertainties regarding higher global inflation and weakening economic growth in main trade partners, announced the World Bank (WB) report on Viet Nam macro monitoring for September 2022.
VGP - Viet Nam has witnessed a strong rebound after last year’s COVID related slowdown, said World Bank (WB) Lead Country Economist and Program Leader for Equitable Growth, Finance and Institutions in Viet Nam Andrea Coppola.
VGP - The Mekong Delta regional master plan for 2021-2030, with vision towards 2050, demonstrates the whole-of-government approach and a strong commitment to promoting sustainable development and enhancing the climate resilience of the Mekong Delta.
VGP - Viet Nam will need to shift its economic growth model and sharply improve the government’s capacity to coordinate and implement economic policy reforms and public investments to realize its aspiration for reaching high income status by 2045, a World Bank (WB) Group report says.