world bank president jim yong kim announces resignation

World Bank President Jim Yong Kim announces resignation

World Bank President Jim Yong Kim announced Monday he would step down next month, more than three years before his current term was due to expire.
vietnams exports more sophisticated wb

Vietnam’s exports more sophisticated: WB

Vietnam’s exports have become more sophisticated with an impressive diversification of exports and increases in higher-value manufacturing exports, according to a recent World Bank report.
is it time to wave good bye to the credit growth ceiling

Is it time to wave good-bye to the credit growth ceiling?

Experts suggest the central bank to abolish the annual credit growth target and let the market decide its own supply and demand of credit.
vietnams growth rate at nearly 68 percent this year wb

Vietnam’s growth rate at nearly 6.8 percent this year: WB

The World Bank (WB) expects Vietnam’s economic growth this year at nearly 6.8 percent, compared to the 6.3 percent projected for East Asia and the Pacific, in a report released on December 11.
vietnam set to be among top ten remittance receivers

Vietnam set to be among top ten remittance receivers

Vietnam was expected to remain one of the top ten remittance receivers in 2018, according to the latest edition of the World Bank’s Migration and Development Brief released last weekend.
child marriage costs countries billions in lost earnings world bank

Child marriage costs countries billions in lost earnings: World Bank

Respect Ruvimbo Topodzi was 15 and walking home from school in her native Zimbabwe when a 22-year-old man asked her out. She turned him down but it was too late.
21 provinces left feeling flushed with success

21 provinces left feeling flushed with success

In an attempt to improve health for local residents, more than 400,000 household toilets and more than 235,000 water supply works have been set up in a total of 21 mountainous provinces of northern, Central Highlands and south-central area in the past two years.
world bank pledges us 200b for climate action

World Bank pledges US$200b for climate action

The World Bank on Monday (Dec 3) unveiled US$200 billion in climate action investment for 2021-25, adding this amounts to a doubling of its current five-year funding.
businesses spend one month and ten days on tax and insurance

Businesses spend one month and ten days on tax and insurance

While starting a business, dealing with construction permits, and getting electricity are assessed as the areas seeing the most improvement, paying taxes and resolving insolvency have seen little improvement much over the five years of implementing Resolution 19.
higher adb rates in middle income bracket

Higher ADB rates in middle-income bracket

Vietnam will no longer have access to the Asian Development Bank’s concessional lending from January 2019. Nguyen Minh Cuong, principal country economist at the ADB, told VIR’s Nguyen Thanh that the bank is co-operating with the Vietnamese government to speed up the disbursement of projects using its official development assistance in order to boost the country’s infrastructure development.
farming pressures must be tackled with innovation

Farming pressures must be tackled with innovation

As climate change continues to cause unusual and unpredictable weather around the world, it is creating new challenges for farmers. Drought, flooding, and temperature extremes will increase as the earth’s temperatures rise by 2-3°C (4-6°F) in the next 50 years, threatening farm productivity, decreasing harvests, and augmenting pest pressures.
domestic reforms propel vietnams robust economic growth wb

Domestic reforms propel Vietnam’s robust economic growth: WB

Vietnam’s economy continues to perform well, propelled by the sustained global recovery and continued domestic reforms, according to a new World Bank (WB) report.
new national reform forum to debut in september

New national reform forum to debut in September

The Vietnamese government is planning to organise an annual forum on reform and development, in a bid to seek advice from experts and organisations on new ways for further, sustainable national development.
unlock further agri financing opportunities for processing firms

Unlock further agri-financing opportunities for processing firms

IFC, a member of the World Bank Group, in partnership with Vietnam Prosperity Commercial Joint Stock Bank (VPBank) is extending a commodity financing facility of up to $50 million to Tan Long Group, one of Vietnam’s leading commodity traders as a key step to unlock further agri-financing opportunities in this high-potential sector.
vietnam should be resilient to shifting megatrends wb

Vietnam should be resilient to shifting megatrends: WB

Vietnam’s economy can be re-defined by focusing on the effective exploitation of four megatrends affecting the country’s sustainable and competitive development.