09-08-2022 22:00
Vietnam will need a skilled workforce to transform itself into an upper-middle-income economy by 2035, the World Bank has suggested in its recently-released report named “Taking Stock: Educate to Grow”.
09-08-2022 21:51
Vietnam’s GDP growth is forecast to expand 7.5 percent in 2022 and 6.7 percent in 2023, with resilient manufacturing and a robust rebound in services serving as the driving forces for economic recovery.
21-07-2022 07:00
Vietnam may have to mobilise a colossal amount of funding to fulfil its international commitment to achieve net-zero emissions by 2050, with a hallmark new strategy on climate change response soon to be enacted.
01-07-2022 13:18
The increased use of plastics has accompanied Vietnam’s fast economic growth over the last decade. With growing urbanisation and a rising middle class, the demand for plastics has grown rapidly in consumer packaging, construction, household goods, and automotive industries because of their convenience and versatility. In 2019, the plastic industry contributed about $17.5 billion to Vietnam’s economy, equivalent to 6.7 per cent of the country’s GDP.
24-06-2022 14:46
More than 75 per cent of the material value of plastics is squandered when discarded after a single use, reported World Bank's 2021 Southeast Asian research. To promote sustainable consumption preferences, VIR presented a talk show titled Innovative Solutions & Substitutes for Single-use Plastic Towards Green Consumption on June 23 as part of a series of talks with firms from various industries.
22-06-2022 10:03
The World Bank (WB), an important development partner of Vietnam, is committed to support the Vietnam in implementing the newly unveiled Mekong Delta Regional Master Plan.
20-06-2022 10:21
International Finance Corporation, a member of the World Bank, has announced it will pour around $43.4 million into Nam Long Group (HSX:NLG) in the form of bonds, despite the Vietnamese government applying strict management on the bond market.
08-06-2022 15:11
The World Bank has sharply slashed its annual growth forecast for China, warning in a report Wednesday that Covid disruptions could further slow recovery in the world's second-largest economy.
16-05-2022 16:28
The gap between the investment need for health and the fiscal constraints has focused government attention on public-private partnerships, with more than 1,000 such ventures being implemented in developed countries. Le Minh Sang, health specialist at World Bank Vietnam, explains why managing such contacts is challenging even in mature markets.
12-05-2022 10:52
The International Finance Corporation (IFC) – a member of the World Bank Group – announced on May 11 that it will support Vietnam to transit to a low-carbon economic growth model.
12-05-2022 10:25
Prime Minister Pham Minh Chinh received Director General of the World Bank (WB) Axel Van Trotsenburg and leaders of some US corporations on May 11 (local time) during his working visit to the US.
30-04-2022 21:58
Vietnam’s geography gives it a logistical advantage in boosting production, export and logistics services. This year, the Government has set targets of tapping its full potential.
26-04-2022 09:51
By any standards, the pace of Vietnam’s development has been extraordinary.
20-04-2022 10:00
With its strong commitment to the world to achieve net-zero emissions over the next few decades, Vietnam is cooperating with some international organisations on initiatives for low carbon imprints in the agricultural sector - one of the biggest emitters in the country.
13-04-2022 16:32
Headwinds to Vietnam’s positive growth outlook are rising as a result of the Russia-Ukraine conflict, and risks from a slowdown in many of the country’s key trade partners are weighted to the downside.