pushing the northwestern region up

Pushing the northwestern region up

On the occasion of the 10th anniversary of the establishment of the Northwestern Steering Committee and a meeting between the three steering committees of the northwestern, southwestern and central highland regions, the World Bank country director for Vietnam Victoria Kwakwa told VIR’s Thanh Tung about the northwestern region’s economic and urban development.
world bank cuts forecast for vietnams economic growth

World Bank cuts forecast for Vietnam's economic growth

  Sandeep Mahajan, head economist at the World Bank Office in Vietnam, said that economic growth would likely be only 5.4% this year, missing the government's target of 5.8%.
wb sponsored poverty reduction project launched in quang nam

WB-sponsored poverty reduction project launched in Quang Nam

The Ministry of Planning and Investment, the World Bank (WB), and the Quang Nam Provincial People’s Committee on September 11 jointly launched the Central Highlands Poverty Reduction Project in Quang Nam Province.
world bank imf identify vietnams financial vulnerabilities in joint report

World Bank, IMF identify Vietnam’s financial vulnerabilities in joint report

A comprehensive framework through which Vietnam can identify its financial system vulnerabilities and develop appropriate policy responses has been provided by a program jointly designed by the World Bank (WB) and the International Monetary Fund (IMF).
vn wb enhance cooperation in response to climate change

VN, WB enhance cooperation in response to climate change

During a meeting with the World Bank (WB)’s Vice President and Special Envoy for climate change, Rachel Kyte in Ha Noi on August 25, PM Nguyen Tan Dung expressed his hope that the WB would further support the country in technical advice, policy development and financial assistance to cope with climate change and sea level rise effectively.
world bank pledges us 200m to fight ebola

World Bank pledges US$200m to fight Ebola

The World Bank said Monday (August 4) that it would provide up to US$200 million to Guinea, Liberia and Sierra Leone to help the West African nations contain a deadly Ebola outbreak.
11 vietnam banks cited among worlds top 1000

11 Vietnam banks cited among world’s top 1,000

The prestigious financial magazine, The Banker, has listed eleven Vietnam banks in its recently published Top World Banks ranking for 2014, affirming the country as a leading financial centre in Southeast Asia.
world bank finance project benefits rural regions of viet nam

World Bank finance project benefits rural regions of Viet Nam

Hanoi - Viet Nam is the most successful country to deploy the rural finance project and is seen as a development model by financial institutions and donors.
world bank offers 38b in soft loans to aid poverty alleviation

World Bank offers $3.8b in soft loans to aid poverty alleviation

The World Bank yesterday announced a plan to provide Viet Nam with more than US$3.8 billion in concessional financing over the next three years.
one out of 1 million vietnamese is super rich world bank

One out of 1 million Vietnamese is super-rich: World Bank

One out of every million Vietnamese nationals is classified as ‘super-rich,’ and the number of such affluent people in the Southeast Asian country has increased almost fourfold in the last ten years, a World Bank report released Tuesday reveals.
wb ready to help vn improve investment environment

WB ready to help VN improve investment environment

PM Nguyen Tan Dung confirmed that the Vietnamese Government is ready to work closely with the World Bank (WB) to improve the country's investment environment and competitiveness.
ifc helps vietnamese banks improve sustainable project lending curb risks

IFC helps Vietnamese banks improve sustainable project lending, curb risks

IFC, a member of the World Bank Group, is helping Vietnamese banks better manage environmental and social risks in their lending operations to improve the sustainability of projects they finance locally and abroad and strengthen their portfolio performance.
ifc invests in thien minh group to promote sustainable tourism

IFC invests in Thien Minh Group to promote sustainable tourism

Thien Minh Group, a Vietnamese leading private tour operator and hotelier, has just receive a financial investment from International Finance Corporation, a member of the World Bank Group, for expanding its tour business and developing hotel chain across Vietnam.
390 million invested in local infrastructure development

$390 million invested in local infrastructure development

The State Bank of Vietnam and the World Bank (WB) inked documents in Ha Noi on April 24 on a credit package of US$390 million for three projects to develop infrastructure, agriculture and livelihood in disadvantaged provinces and improve the social support system in Viet Nam.
vietnam in global top 10 for foreign remittances

Vietnam in global top 10 for foreign remittances

The World Bank (WB) has announced Vietnam is among the top ten overseas remittance recipients in the world, receiving US$11 billion last year alone.