wb forecasts vns growth rate of 55 in 2014

WB forecasts VN’s growth rate of 5.5% in 2014

The World Bank (WB) forecasts that Viet Nam’s economy will achieve a growth rate of 5.5% in 2014 and 5.6% in 2015, 0.1 percentage point and 0.2 percentage point higher than the forecast it made in last October.
world bank experts share experiences with affordable housing

World Bank experts share experiences with affordable housing

Vietnam’s fast pace of urban development is shifting toward affordable housing.
affordable housing developer nam long gets six more investors

Affordable housing developer Nam Long gets six more investors

Vietnamese property developer Nam Long, which leads in affordable housing development, has just announced six new corporate investors including the World Bank’s private sector lending arm IFC.
ifc helps build more homes for mid income earners in vietnam

IFC helps build more homes for mid-income earners in Vietnam

International Finance Corporation (IFC), a member of the World Bank Group, is financing Nam Long Investment Corp to build 8,000 apartments for mid-income homebuyers in Ho Chi Minh City by 2017.
hcmc to have largest wastewater treatment plant in se asia

HCMC to have largest wastewater treatment plant in SE Asia

As part a World Bank-funded project, a wastewater treatment plant capable of treating up to 450,000 cubic meters of wastewater per day for Ho Chi Minh City is being designed the Centre for Econics and Ecosystem Management, a German company.
vietnam wb strengthen cooperation

Vietnam, WB strengthen cooperation

Viet Nam expects to receive more assistance from the international community, in general and the World Bank (WB), in particular, in 2014.
experts advocate leveraging fdi sector successes for greater domestic growth

Experts advocate leveraging FDI sector successes for greater domestic growth

Senior economist Doan Hong Quang from the World Bank spoke to VIR about what factors had led to such a contrasting year of success between foreign invested and domestic businesses, as well as factors affecting economic growth in 2014.
wb project aims at community innovation

WB project aims at community innovation

A World Bank-funded $55 million project is expected to boost the living standard of low-income earners.
vietnam in top 10 overseas remittance recipients

Vietnam in top 10 overseas remittance recipients

Vietnam is expected to receive US$11 billion in overseas remittances in 2013, ranking it among the World Bank’s (WB) 10 leading remittance recipients in the world.
world bank lowers east asia growth forecast to 71

World Bank lowers East Asia growth forecast to 7.1%

The World Bank on Monday lowered its 2013 growth forecast for East Asian developing countries to 7.1 percent and called for structural reforms to protect long-term expansion against financial volatility.
incentives to stoke landmark project interest

Incentives to stoke landmark project interest

The Vietnamese government and the World Bank are offering preferential incentives as part of efforts to find a second investor for the Dau Giay-Phan Thiet Expressway, the first expressway public-private partnership project in Vietnam.
wb backs low income people

WB backs low-income people

The State Bank of Viet Nam (SBV) and the World Bank (WB) on September 6 signed a credit agreement worth over US$55 million to improve living standards for low-income people.
wb commits to promoting economic restructuring

WB commits to promoting economic restructuring

The World Bank has committed to backing Viet Nam’s bid to restructure its economy for further growth to be made in the coming years, the institution’s director has said.
wb vietnams economy to grow 53 percent in 2013

WB: Vietnam’s economy to grow 5.3 percent in 2013

Vietnam’s economy is expected to grow at a moderate rate of around 5.3 percent this year and 5.4 percent in 2014, according to a report released by the World Bank (WB) in Vietnam on July 12.
world bank warns global warming woes closing in

World Bank warns global warming woes closing in

The World Bank on Wednesday warned that severe hardships from global warming could be felt within a generation, with a new study detailing devastating impacts in Africa and Asia.