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.
approximately 68 per cent of vietnams gdp lost annually to climate change

Approximately 6.8 per cent of Vietnam's GDP lost annually to climate change

To effectively respond to climate change by 2040, Vietnam will need approximately $400 billion. However, the state budget is only anticipated to provide approximately $130 billion.
opportunities and challenges for vietnam in financial sector reform

Opportunities and challenges for Vietnam in financial sector reform

Carolyn Turk, country director for the World Bank in Vietnam, delves into the opportunities and challenges Vietnam faces as it builds a resilient and modern financial sector legal and regulatory framework.
world bank approves nearly 130 million usd to help nghe an province improve livability

World Bank approves nearly 130 million USD to help Nghe An province improve livability

The World Bank Board of Directors on July 31 approved a project worth 129.6 million USD to strengthen flood resilience and improve sanitation, transport, and public space infrastructure in Nghe An province's Vinh city - a political, economic, and cultural centre of the north-central coastal region.
international aid for carbon mitigation now on the table

International aid for carbon mitigation now on the table

International institutions, including the World Bank, are willing to provide financial aid for Vietnam’s agricultural sector to complete carbon emissions mitigation.
philippines wb sign 600 million usd deal for farming modernisation

Philippines, WB sign 600 million USD deal for farming modernisation

The Philippine Department of Finance (DOF) has signed a 600-million USD loan agreement with the World Bank (WB) for the country’s modernisation and industrialisation of the agricultural sector.
everpia launch the first green building factory in vietnam

Everpia launch the first green building factory in Vietnam

Everpia Corporation (HSX:EVE), one of the first South Korean enterprises in Vietnam and the first foreign-invested enterprise to list on the stock exchange, has seen its factory at Giang Dien Industrial Zone be awarded the EDGE Advanced green certificate with recognition by the World Bank as a green building.