vietnams growth among strongest in large developing asean economies

Vietnam's growth among strongest in large developing ASEAN economies

The World Bank (WB) on Tuesday forecast that Vietnam would grow at an average of 6.3 per cent in 2016-18.
world bank slashes global growth forecast to 24

World Bank slashes global growth forecast to 2.4%

A worried World Bank slashed its growth forecast for the global economy on Tuesday, saying advanced economies are rebounding more slowly than expected and low commodity prices continue to hurt other countries.
floods political change hamper myanmar growth world bank

Floods, political change hamper Myanmar growth: World Bank

Myanmar's growth rate, once one of the world's most impressive, has dipped following heavy floods and an investment slowdown sparked by uncertainty over its political transition, the World Bank said on Tuesday (May 31).
mekong delta integrated climate resilience project ratified

Mekong Delta Integrated Climate Resilience Project ratified

The PM has approved the Mekong Delta Integrated Climate Resilience and Sustainable Livelihoods Project, which is financed by the World Bank (WB).
migas safety net allays investor fears

MIGA’s safety net allays investor fears

Investment guarantees can help Vietnam attract new foreign capital sources. Karin Finkelston, vice president and chief operating officer for the Multilateral Investment Guarantee Agency – the political risk insurance and credit enhancement arm of the World Bank Group talked to VIR’s Minh Trang how such guarantees could mitigate risks and draw foreign investors into the country.
ftas can keep economy on track

FTAs can keep economy on track

Although the World Bank has lowered Vietnam’s growth forecast for 2016, it remains optimistic about the country’s economic prospects resulting from free trade agreements later this year.
world bank calls time on state role in commercial enterprises

World Bank calls time on state role in commercial enterprises

Economists have renewed calls for the government to take tougher action on further truncating the state’s commercial interest in enterprises, as proposed in the high-profile Vietnam 2035 Report released recently.
imf world bank un unite to fight tax evasion

IMF, World Bank, UN unite to fight tax evasion

Four of the world's largest multilateral organisations joined hands on Tuesday in the fight to help developing countries fight tax evasion.
economic slump worries as imf world bank pledge action

Economic slump worries as IMF, World Bank pledge action

World finance ministers pledged to boost growth on Saturday at IMF and World Bank Spring Meetings tainted by lingering worries about the dragging global economy and hints of discord.
victoria kwakwa appointed wb vice president for east asia and pacific region

Victoria Kwakwa appointed WB Vice President for East Asia and Pacific Region

World Bank Group President Jim Yong Kim has appointed Victoria Kwakwa as the new Regional Vice President for East Asia and Pacific, effective on April 15.
wb suggests strategies to combat slack productivity in first quarter

WB suggests strategies to combat slack productivity in first quarter

Vietnam’s economy has witnessed lower growth in this year’s first quarter due to droughts, slowed exports, and low external demand. World Bank Vietnam lead economist Sandeep Mahajan spoke with VIR’s Thanh Tung about this, and offered his advice for greater growth in the future.
viet nams dragon capital to get 50m ifc debt to deepen corporate bond market

Viet Nam's Dragon Capital to get $50m IFC debt to deepen corporate bond market

The International Finance Corporation (IFC), the private lending vehicle of the World Bank Group, said it planned to extend a $50 million financing facility to Viet Nam-focused fund management firm Dragon Capital.
world bank vietnam country director finishes term

World Bank Vietnam country director finishes term

Yesterday World Bank (WB) Vietnam country director Victoria Kwakwa met with Vietnamese President Truong Tan Sang to say goodbye as her term is ending.
vib named best trade partner bank in east asia and pacific

VIB named “Best Trade Partner Bank in East Asia and Pacific”

International Finance Corporation (IFC), a member of the World Bank Group, has awarded Vietnam International Bank (VIB) with the title “Best Trade Partner Bank in East Asia and Pacific” under the global trade finance programme (GTFP).
vietnamese spend a lot of time in cyber world

Vietnamese spend a lot of time in cyber world

Most Vietnamese people between the age of 18 and 35 use smartphones and their time for surfing internet is three times more than that of the people in other Southeast Asian countries, said FPT Group's Chairman Truong Gia Binh at the seminar to launch the World Bank’s “World Development Report 2016: Digital Dividends” report on March 14.