ifc to support vietnams transition to a low carbon economic growth model

IFC to support Vietnam's transition to a low-carbon economic growth model

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.
pm chinh receives wb director general us business leaders

PM Chinh receives WB Director General, US business leaders

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.
vietnam seeks ways to boost logistics industry

Vietnam seeks ways to boost logistics industry

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.
setting the priorities for vietnamese people to thrive

Setting the priorities for Vietnamese people to thrive

By any standards, the pace of Vietnam’s development has been extraordinary.
organisations supporting low carbon agriculture

Organisations supporting low-carbon agriculture

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.
trajectory uncertain for vietnams growth

Trajectory uncertain for Vietnam’s growth

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.
ifcs new country manager for mekong region to drive inclusive and green growth

IFC’s new country manager for Mekong region to drive inclusive and green growth

The World Bank Group's private sector arm, International Finance Corporation, has appointed Thomas Jacobs as its new country manager for the Mekong region, covering Vietnam, Cambodia, and Laos.
foreign investment in vietnam continues bouncing back

Foreign investment in Vietnam continues bouncing back

Despite the COVID-19 pandemic’s adverse impacts, foreign investors still put their trust in the economy and investment climate of Vietnam in the new normal context, said Director of the Foreign Investment Agency (FIA) Do Nhat Hoang.
wb pleges to support vietnam to become high income economy by 2045

WB pleges to support Vietnam to become high-income economy by 2045

World Bank (WB) Regional Vice President for East Asia and Pacific Manuela V. Ferro on March 25 concluded her five-day visit to Vietnam.
higher oil prices temporarily supports malaysias economy economist

Higher oil prices temporarily supports Malaysia's economy: economist

The Russia-Ukraine tension appears to benefit Malaysia's position as a net oil exporter and the sharp rise in oil prices will provide temporary support for the country's fiscal position, according to World Bank senior country economist Shakira Teh Sharifuddin.
womens empowerment key to gender equality

Women’s empowerment key to gender equality

According to the World Bank’s Report on Women, Business, and Law in 2022, Vietnam ranked 58 out of 190 countries in providing economic opportunities to women, surpassing both Singapore and the Philippines. This is a remarkable milestone to encourage more efforts to further enhance the status of women in the family, society, and economy.
wb digital and circular economy can earn thailand 34 billion usd annually

WB: Digital and circular economy can earn Thailand 3.4 billion USD annually

The World Bank has said digital and disruptive technologies, along with the development of a circular economy, can earn Thailand up to 3.4 billion USD each year in additional investments, savings and revenue.
green economic development crucial to fdi attraction

Green economic development crucial to FDI attraction

Viewed as an attractive investment destination, yet Vietnam still needs more attention to green and low-carbon economic development so as to sustainably attract foreign direct investment (FDI), according to experts.
world bank builds offshore wind roadmap for vietnam

World Bank builds offshore wind roadmap for Vietnam

The World Bank has recommended 20 actions that address three priority areas for Vietnam’s successful offshore wind industry.
world bank approves 90 mn in pandemic aid for iran

World Bank approves $90 mn in pandemic aid for Iran

The World Bank has approved $90 million in additional financing for Iran, to help fight against the Covid-19 pandemic, a spokesperson said Friday.