world bank approves 11 billion usd indonesia loan

World Bank approves 1.1 billion USD Indonesia loan

The World Bank has approved two projects worth 1.1 billion USD to expand access to cleaner electricity in Indonesia.
world bank supports vietnams inclusive and sustainable recovery

World Bank supports Vietnam's inclusive and sustainable recovery

The World Bank approved $264 million of International Development Association credit for Vietnam on June 29, aimed at bolstering the country's efforts to achieve an inclusive, green, and digitally driven economic recovery, aimed at supporting households, businesses and the expansion of renewable energy.
world bank forecasts philippines gdp to grow 6 per cent in 2023

World Bank forecasts Philippines' GDP to grow 6 per cent in 2023

The World Bank's Philippines Economic Update (PEU) said on June 7 that it expects the Philippines' gross domestic product (GDP) to grow 6 per cent this year and 5.9 per cent in 2024 due to solid domestic demand.
world bank approves 176 million usd fisheries project in philippines

World Bank approves 176-million-USD fisheries project in Philippines

The World Bank (WB) on May 31 approved a 176-million-USD loan to fund a fisheries project that aims to improve fisheries management, enhance the value of fisheries production, and raise incomes for coastal communities in the Philippines.
wb cambodias economy on solid recovery path

WB: Cambodia’s economy on solid recovery path

Cambodia’s economy is on a recovery path, with growth predicted to accelerate to 5.5 per cent this year, according to a World Bank (WB) report.
external headwinds continue to hurt vietnams economy world bank

External headwinds continue to hurt Vietnam's economy: World Bank

The recent report of the World Bank (WB) on Vietnam said that the economy was facing external headwinds as weakening external demand continues to weigh on exports, translating into weakening industrial production.
enhancing resistance of buildings to natural disasters

Enhancing resistance of buildings to natural disasters

IFC launched the Building Resilience Index on April 20 to help Vietnamese enterprises build climate-resilient projects.
world bank imf spring meetings to get underway in complex economic environment

World Bank, IMF spring meetings to get underway in complex economic environment

The World Bank and International Monetary Fund's spring meetings get underway later this week with an ambitious reform and fundraising agenda likely to be overshadowed by concerns over high inflation, rising geopolitical tension and financial stability.
high pedestal to reach for 2023s growth ambitions

High pedestal to reach for 2023’s growth ambitions

A series of risks including a reduction in domestic production and global demand, and heightened geopolitical complexity are expected to make it more difficult for Vietnam to reach its economic growth indicators this year.
spain to pour funds into high speed rail in vietnam

Spain to pour funds into high-speed rail in Vietnam

Following the World Bank, Spanish and Japanese investors are also setting their sights on high-speed railways in Vietnam, including the north-south high-speed project.
world bank says vietnams gdp growth to moderate in 2023

World Bank says Vietnam's GDP growth to moderate in 2023

Vietnam's GDP growth is projected at 6.3 per cent in 2023, according to the latest Global Economic Prospects report by the World Bank.
producing policy to protect growth

Producing policy to protect growth

Vietnam continues to weather the storms affecting the global economy. Andrea Coppola, World Bank’s lead economist, spoke with VIR’s Hong Dung to evaluate Vietnam’s ongoing economic performance.
vib received 150 million loan disbursement from ifc

VIB received $150 million loan disbursement from IFC

VIB has just completed the disbursement of a $150 million loan from the International Finance Corporation (IFC), a member of the World Bank Group.
vietnam to mobilise 360 billion for sustainable development targets

Vietnam to mobilise $360 billion for sustainable development targets

According to Nguyen Thi Bich Ngoc, Deputy Minister of Planning and Investment, Vietnam needs to mobilise $360 billion for implementing its green and sustainable development targets by 2030, 50 per cent of which will come from the private sector.
yen bai deploys 21 world bank funded projects

Yen Bai deploys 21 World Bank-funded projects

The northern mountainous province of Yen Bai has received and implemented 21 programmes and projects funded by the World Bank (WB) with total investment of 4.67 trillion VND (199.65 million USD) since 2000, according to a local official.