World Bank’s IFC Invests $12M in VUZ to Fuel Immersive Media Growth

World Bank’s IFC Invests $12M in VUZ to Fuel Immersive Media Growth

The strategic funding backs VUZ’s mission to redefine digital experiences in the metaverse and beyond.
PM requests World Bank support for major infrastructure ventures

PM requests World Bank support for major infrastructure ventures

Prime Minister Pham Minh Chinh has requested World Bank financing for the development of the $67 billion North–South high-speed railway scheme.
World Bank to help SBV build shared database for banking industry

World Bank to help SBV build shared database for banking industry

The State Bank of Vietnam has initiated a project to build a shared database for the banking industry.
Ministry of Finance and World Bank discuss new ODA-funded projects

Ministry of Finance and World Bank discuss new ODA-funded projects

Minister of Finance Nguyen Van Thang met with World Bank representatives in Hanoi on March 21.
Pathways for transitioning to EVs in Vietnam

Pathways for transitioning to EVs in Vietnam

Transitioning to electric vehicles (EVs) and decarbonising Vietnam’s transport sector will require comprehensive policy reforms and significant investment in five key areas, according to a new report by the World Bank.
Vietnam - a success story in development path: WB Vice President

Vietnam - a success story in development path: WB Vice President

World Bank (WB) Vice President for East Asia and the Pacific Manuela V. Ferro described Vietnam as a success story in terms of economic development since it has dramatically transformed the economic landscape..
OPEC Fund enhances global partnerships with substantial financing commitments at the 2024 World Bank meetings

OPEC Fund enhances global partnerships with substantial financing commitments at the 2024 World Bank meetings

The OPEC Fund for International Development (the OPEC Fund) concluded its participation in the 2024 World Bank-IMF Annual Meetings with robust new financing commitments, signing loan agreements totaling nearly half a billion dollars with partner countries.
Bond market recovery slowed by weak institutional investor support

Bond market recovery slowed by weak institutional investor support

Vietnam's corporate bond market remains fragile due to the limited presence of institutional investors.
World Bank forecasts Vietnam’s economy to grow by 6.1 per cent in 2024

World Bank forecasts Vietnam’s economy to grow by 6.1 per cent in 2024

Vietnam’s economy is forecast to grow by 6.1 per cent in 2024, rising to 6.5 per cent in 2025–2026, according to the World Bank.
Key driver gains a must for growth

Key driver gains a must for growth

Only slight order number improvements and enterprise confidence sentiment mean it may be difficult for the country to hit its desired growth goals this year.
PM receives outgoing WB Country Director

PM receives outgoing WB Country Director

Prime Minister Pham Minh Chinh on March 28 hosted a reception for World Bank (WB) Country Director for Vietnam Carolyn Turk, who came to say goodbye at the end of her tenure.
Hanoi to ask for WB’s help with design of national railway station

Hanoi to ask for WB’s help with design of national railway station

The Hanoi Department of Transport has proposed the municipal People’s Committee ask for the World Bank (WB)’s assistance in the technical design of the general layout for the Ngoc Hoi national railway station complex.
Ho Chi Minh City seeks investors for $6.7 billion green projects

Ho Chi Minh City seeks investors for $6.7 billion green projects

Ho Chi Minh City is calling for investments into 28 green-growth projects, valued at more than $6.7 billion.
Ho Chi Minh City needs to start carbon credit market quickly

Ho Chi Minh City needs to start carbon credit market quickly

Ho Chi Minh City has a great opportunity to reduce emissions and promote green growth.
World Bank to support Ho Chi Minh City on carbon credits

World Bank to support Ho Chi Minh City on carbon credits

The challenges presented by the carbon credit market were the main talking points of a meeting on January 24.
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