world bank warns massive debt wave could crash on developing countries

World Bank warns massive debt wave could crash on developing countries

A wave of debt in emerging and developing nations has grown faster and larger than in any period of the last five decades and could end with another crisis, the World Bank warned on Thursday (Dec 19).
vietnam achieves impressive economic growth wb

Vietnam achieves impressive economic growth: WB

Vietnam’s economy has performed well in 2019, with GDP expanding by an estimated 6.8 percent, public debt reduced by nearly 8 percentage point of GDP since 2016, and a trade balance surplus for fourth year in a row, according to the World Bank (WB)’s report released on December 17.
meeting talks sustainable development of agricultural material areas

Meeting talks sustainable development of agricultural material areas

The Ministry of Agriculture and Rural Development (MARD) held a meeting in Hanoi on December 5 to discuss ways to sustainably develop raw material areas and improve processing capacity and market access for agro-products of Vietnam.
phu yen pushes up development leveraging world bank support

Phu Yen pushes up development leveraging World Bank support

A recent conference in Tuy Hoa city sought to strengthen the development co-operation between the south-central coastal province of Phu Yen and the World Bank.
na chairwoman receives wbs country director

NA Chairwoman receives WB’s country director

National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan on November 21 appreciated the World Bank (WB)’s comprehensive cooperation with Vietnam and its contributions to the country’s development in recent times.
vietnams ease of paying taxes improves world bank

Vietnam’s ease of paying taxes improves: World Bank

Thanks to the Government’s efforts to simplify tax compliance processes, Vietnam ranked 109th out of 190 countries and territories on ease of paying taxes in the World Bank’s Doing Business 2020 report (DB2020), up 22 places from the previous report.
persistent trade tensions risk worsening poverty world bank

Persistent trade tensions risk worsening poverty: World Bank

As global trade tensions persist, investments are put on hold and without that cash to boost economic growth, poverty could surge, the World Bank's chief economist warned Tuesday (Oct 9).
strengthening the banking sector by world bank and switzerland

Strengthening the banking sector by World Bank and Switzerland

The World Bank and the State Bank of Vietnam (SBV) today signed a financing agreement for a grant worth $2.2 million provided by the Swiss government to implement the "Vietnam: Strengthening banking sector soundness and development" project.
kristalina georgieva named imf managing director

Kristalina Georgieva named IMF managing director

The International Monetary Fund on Wednesday (Sep 25) formally selected Kristalina Georgieva of Bulgaria to be only the second woman ever to lead the 189-member institution.
vrdf 2019 institutional reform key for modern market economy

VRDF 2019: Institutional reform key for modern market economy

Institutional reform is one of the key factors to help Vietnam to build out modern and internationally-integrated market economy institutions.
pathways to climate smart transport in vietnam

Pathways to climate-smart transport in Vietnam

A two-volume study laying out a pathway to a low-carbon and climate-resilient transport sector in Vietnam has just been released.
vietnam hard pressed to maintain high human capital index in long term

Vietnam hard-pressed to maintain high human capital index in long term

Even though the human capital index (HCI) of Vietnam exceeds the global, regional, and even upper-middle-income country averages, the country also faces challenges in ensuring high-quality human resources as well as narrow the gap between ethnic minorities.  
wb unicef call for efforts to address child undernutrition in vietnam

WB, UNICEF call for efforts to address child undernutrition in Vietnam

The World Bank (WB) and the United Nations Children’s Fund (UNICEF) have called for solid steps to handle undernutrition among Vietnamese children, and reaffirmed their strong commitments to work with the Government in this issue as the country is building its socio-economic development strategy for 2021-2030.
historic gdp rate rise as vietnam revises figures

Historic GDP rate rise as Vietnam revises figures

Seventy-four years after Vietnam gained its independence, its economic scale has grown spectacularly.  Now, the economy has  been fuelled by new and more accurate calculations which can help its GDP increase significantly, better mirroring the country’s genuine scale and structure. Nguyen Dat report.
agriculture capitalising from private investment

Agriculture capitalising from private investment

Private sector investment has recently surged in the field of agriculture, contributing to building sustainability in the sector across Vietnam. Phuong Hao reports.