ifc cooperates with ree to support wind projects to advance renewable energy in vietnam

IFC cooperates with REE to support wind projects to advance renewable energy in Vietnam

As Vietnam transitions to cleaner low-carbon power generation to help meet the country’s growing demand for electricity, the International Finance Corporation (IFC), a member of the World Bank Group, is funding the development and construction of two wind power projects in Central Vietnam.
the way forward in hospital self rule

The way forward in hospital self-rule

While hospital automation has proved some advantages of capital mobilisation and healthcare services expansion, some challenges remain and concrete actions are required to make it a greater success. Le Minh Sang, health specialist at World Bank Vietnam, analyses the difficulties and also the international lessons that the country can learn from.
imf world bank begin push to swap debt relief for green projects

IMF, World Bank begin push to swap debt relief for green projects

The idea of forgiving debt held by poor countries in exchange for "green" investments gained ground this week during the spring meetings of the IMF and World Bank, with concrete proposals expected in time for a global climate summit this fall.
vietnam maintains positive outlook for economic recovery in 2021 wb

Vietnam maintains positive outlook for economic recovery in 2021: WB

The rapid suppression of the new COVID-19 outbreak in late January 2021 has helped maintain Vietnam’s positive outlook for economic recovery this year, the World Bank (WB) has said.
world bank supports vietnam to spur energy efficiency investments

World Bank supports Vietnam to spur energy efficiency investments

The World Bank has signed a grant with the State Bank of Vietnam to support the development of a commercial financing market for industrial energy efficiency investments.
ifc and state bank of vietnam partner to promote womens leadership in banking sector

IFC and State Bank of Vietnam partner to promote women’s leadership in banking sector

In a bid to increase the number of females in leadership positions at banks, World Bank Group member IFC and the State Bank of Vietnam (SBV) are partnering to promote innovative and impactful initiatives for sustainable and inclusive economic growth.
vietnams growth outlook to depend on authorities response to new outbreak wb

Vietnam’s growth outlook to depend on authorities’ response to new outbreak: WB

Vietnam’s growth prospects will depend on how well and how quickly the authorities will bring the new coronavirus outbreak under control and how quickly international and national vaccinations will proceed, according to the World Bank (WB).
the capacity to change amid crisis

The capacity to change amid crisis

Faced with the COVID-19 crisis, Vietnam has demonstrated a high capacity to change, which goes a long way to explaining why it has managed the pandemic and its economic consequences with overall success to date.
singaporean australian media highlight economic opportunities for vietnam

Singaporean, Australian media highlight economic opportunities for Vietnam

The Straits Times of Singapore on January 28 ran an article that views 2021 as a year of opportunity for Vietnam while the Australian Financial Review (AFR) said Vietnam has become an essential cog in the global supply chains.
learning from pandemic to address climate challenge

Learning from pandemic to address climate challenge

This year’s terrible tribulations have forced governments to deal with unforeseen challenges in health and economics. Jacques Morisset, lead economist for the World Bank in Vietnam, ponders whether these efforts can or cannot be translated into other areas – especially oncoming climate change complexities.
phu yen vows to implement integrated resiliency development project on schedule

Phu Yen vows to implement integrated resiliency development project on schedule

At a working session with the delegation of the World Bank, Ho Thi Nguyen Thao, Deputy Chairwoman of Phu Yen People’s Committee committed that the province will implement the integrated resiliency development project on time with committed quality.
indonesia over three fourths of covid 19 hit labourers return to work

Indonesia: Over three-fourths of COVID-19-hit-labourers return to work

More than three-fourths of workers in Indonesia who had to leave their job since May 2020 due to the COVID-19 pandemic have returned to work, according to Indonesian Minister of Finance Sri Mulyani.
wb grants 400 million usd for indonesias mangrove rehabilitation

WB grants 400 million USD for Indonesia’s mangrove rehabilitation

The World Bank has offered 5.5 trillion rupiahs (400 million USD) to help Indonesia rehabilitate its mangrove forests in the next four years.
hcm city looks to expand cooperation with wb

HCM City looks to expand cooperation with WB

Ho Chi Minh City always considers the World Bank (WB) its important long-term development partner, said Vice Chairman of the municipal People’s Committee Vo Van Hoan.
vietnam boasts huge opportunities to attract foreign investment wb official

Vietnam boasts huge opportunities to attract foreign investment: WB official

Vietnam has tremendous opportunities to attract foreign investment as global companies are seeking for a destination promising continuity, World Bank Country Director for Vietnam Carolyn Turk said during an interview with the Vietnam News Agency.