11-12-2017 21:58
Robust domestic demand and the manufacturing and services sectors fuel GDP growth, reaching a projected 6.7 per cent for 2017, according to the World Bank’s Taking Stock update report on the development of the Vietnamese economy released this morning.
07-11-2017 15:00
Vietnam’s business environment has significantly improved, with the World Bank raising the country’s business climate index by 14 ranks – a record improvement over recent years.
14-10-2017 09:00
WASHINGTON: Over 1.1 billion people mainly in Asia and Africa lack official proof of identity that would get them access to public health care, education and finance, according to the World Bank.
12-10-2017 09:48
Việt Nam’s banking system has focused intensely on tackling its non-performing loans (NPLs) over the past few years, following the PM’s five-year (2011-2015) plan to restructure the nation’s credit institutions as well as the recently approved Resolution 42. Despite this, NPL volumes remain high, undermining the safety and efficiency of financial institutions. Việt Nam News reporter Phương Uyên discusses various facets of the issue with Alwaleed Alatabani, Lead Financial Sector Specialist at the World Bank in Việt Nam.
23-09-2017 09:18
The World Bank Group on September 22 announced the Vietnam Country Partnership Framework (CPF) for 2017- 2022 at a workshop in Dong Thap province in the presence of World Bank Country Director for Vietnam Ousmane Dione and representatives from 13 Mekong Delta provinces.
14-09-2017 19:19
In preparation for the coming open energy market in Vietnam, the World Bank and the Ministry of Industry and Trade (MoIT) will implement the pilot programme to auction solar power with the floor price of 9.35 US cent per kWh. The programme is aimed at accelerating the development of registered projects, while simultaneously luring in more new investment capital.
14-09-2017 12:07
The World Bank Group will help Vietnam develop a strong private sector, which will be able to get fairer treatment in a level domestic playing field.
08-09-2017 08:00
According to the World Bank (WB), Việt Nam has integrated into the global value chain and improved national economic progress and productivity through creative policy making for the transportation, service, border control and regional co-operation sectors.
06-09-2017 16:22
Strict penalties were levied on three contractors for fraud during the bidding process of two projects running under Vietnam Inland Waterways Administration as the main investor and funded by the World Bank.
04-09-2017 10:05
Despite widespread public opposition to raising VAT rates, a World Bank chief economist argues otherwise.
24-08-2017 13:34
The World Bank has officially introduced a $312.5-million loan package as part of the project themed “Vietnam Energy Efficiency for Industrial Enterprises” (VEEIE) to provide Vietnamese textile and garment enterprises capital to modernise equipment to save energy.
15-07-2017 09:51
Viet Nam has 13 commercial banks listed among the Top 1000 World Banks 2017 released recently by The Banker, the global financial intelligence agency since 1926.
14-07-2017 09:52
Vietnam’s medium term economic outlook remains positive, said Acting Country Director for the World Bank in Vietnam, Sebastian Eckardt, told a press briefing on July 13 in Hanoi.
11-07-2017 23:48
The two contractors implicated in fraudulent activities in Vietnam Road Asset Management Project (VRAMP) funded by the World Bank (WB) will be banned from bidding on any project managed by the Ministry of Transport for three years.
06-07-2017 12:00
Ahead of the G20 leaders summit this weekend in Hamburg, IMF Managing Director Christine Lagarde said the mood is upbeat given the now one-year-old recovery.