world bank approves 231 million for binh duong water improvement project

World Bank approves $231 million for Binh Duong Water Improvement Project

On January 12, the World Bank Board of Directors approved the Binh DuongWater Environment Improvement Project, which will focus on water quality and wastewater treatment for over half a million residents in southern Vietnam.
the state of play for vietnams economy into 2024

The state of play for Vietnam’s economy into 2024

The Vietnamese economy is set in 2024 to grow at a higher rate than in 2023. Andrea Coppola, lead economist for the World Bank in Vietnam, spoke with VIR’s Nguyen Dat about the country’s economic performance last year and prospects for the future.
wb funded agriculture project benefits 29000 farmer households in soc trang

WB-funded agriculture project benefits 29,000 farmer households in Soc Trang

As many as 29,000 farmer households in the Mekong Delta province of Song Trang benefited from the Vietnam Sustainable Agriculture Transformation (VnSAT) project funded by the World Bank, heard a conference to review the project in the locality on December 28.
vietnam seals major carbon credit deal fetching 53 million

Vietnam seals major carbon credit deal, fetching $53 million

Vietnam has successfully executed a landmark transaction, selling 10.3 million tonnes of CO2 emission credits to the World Bank for nearly VND1.25 trillion VND ($52.74 million), as confirmed by the Ministry of Agriculture and Rural Development to the prime minister on December 28.
ifc focuses on vietnams transition to low carbon model

IFC focuses on Vietnam’s transition to low-carbon model

To help boost the value and competitiveness of Vietnam’s agricultural sector, the IFC a member of the World Bank Group is supporting A An Food JSC to enhance its rice production quality and sustainability. This will raise income for farmers and mills along the company’s supply chain and reduce greenhouse-gas emissions in rice farming.
digital transformation is the way forward for agriculture

Digital transformation is the way forward for agriculture

Experts, government officials, industry leaders, and innovators from around the world gathered in Hanoi on November 9 for a crucial event to explore how digital tools can transform Vietnam's agricultural sector, making it more competitive, sustainable, and climate-resilient.
bidv pioneers icma compliant green bond issuance

BIDV pioneers ICMA compliant green bond issuance

State-owned bank BIDV on October 23 has marked a significant milestone in Vietnam's financial market by becoming the first bank in the country to successfully issue green bonds in compliance with the International Capital Market Association's (ICMA) Green Bond Principles.
vietnam should keep close watch on inflation rate world bank

Vietnam should keep close watch on inflation rate: World Bank

Vietnam should closely monitor inflation which has been on the rise in recent time, according to the World Bank (WB).
small cities can help promote thailands growth

Small cities can help promote Thailand"s growth

Cities in Thailand outside Bangkok can accelerate the country's growth but will need to find ways to access private capital to improve urban infrastructure, according to a study by the World Bank (WB).
ministry proposed to upgrade national highways connecting with laos china

Ministry proposed to upgrade national highways connecting with Laos, China

The Department of Roads of Vietnam (DRVN) has just proposed a project to the Ministry of Transport to upgrade and renovate national highways connecting Vietnam with northern Laos and China.
vietnam receives 41 million from world bank for sale of forest carbon credits

Vietnam receives $41 million from World Bank for sale of forest carbon credits

Vietnam has received over $41 million from World Bank for sale of forest carbon credits, equal to 80 per cent of the committed amount under the Emission Reductions Payment Agreement.
vietnam to consolidate fiscal stance in line with 2030 strategy

Vietnam to consolidate fiscal stance in line with 2030 strategy

The government should continue to support the expansion of domestic demand, which is gaining momentum for recovery, as a fiscal solution for spurring on economic growth, experts have suggested.
prime minister meets world bank president in indonesia

Prime Minister meets World Bank President in Indonesia

Prime Minister Pham Minh Chinh on September 7 received World Bank (WB) President Ajay Banga in Jakarta on the sideline of the 43rd ASEAN Summit and related meetings in Indonesia.
addressing power shortages a prerequisite to economic stability

Addressing power shortages a prerequisite to economic stability

The international community is calling for the country to ensure sufficient and stable power for production, investment, and maintaining its economic stability.
world bank forecasts growth of 47 per cent in 2023

World Bank forecasts growth of 4.7 per cent in 2023

According to the latest report by the World Bank, Vietnam’s economy is expected to grow by 4.7 per cent in 2023, with a slow recovery to 5.5 per cent in 2024 and 6 per cent in 2025.