wb ready to cooperate with vietnam in different fields managing director of operations

WB ready to cooperate with Vietnam in different fields: Managing Director of Operations

The World Bank stands ready to support and cooperate with Vietnam in many spheres like climate change response and renewable energy development, said WB Managing Director of Operations Axel van Trotsenburg on November 4.
wb loan disbursement up 55 percent

WB loan disbursement up 55 percent

Disbursement of World Bank (WB) loans had increased 55 percent year-on-year as of September 30, the Ministry of Finance revealed on October 28.
wb annual losses caused by natural disasters in vietnam hit us 11 bln

WB: Annual losses caused by natural disasters in Vietnam hit US$11 bln

Annual losses to people’s well-being from natural disasters are estimated at around US$11 billion in purchasing power parity (PPP) terms, according to the World Bank (WB)’s report on Vietnam’s coastal development between opportunity and disaster risk.
prime minister receives wb country director

Prime Minister receives WB country director

Prime Minister Nguyen Xuan Phuc hosted a reception in Hanoi on October 21 for country director of the World Bank in Vietnam Carolyn Turk.
world bank approves 12 bln for covid 19 vaccines

World Bank approves $12 bln for Covid-19 vaccines

The World Bank said Tuesday that it approved $12 billion for developing countries to finance the purchase and distribution of Covid-19 vaccines, tests and treatment.
g20 eyeing six month debt relief extension world banks malpass

G20 eyeing six-month debt relief extension: World Bank's Malpass

G20 countries may only approve a six-month debt relief extension amid lagging committment to the pact meant to help poor nations weather the pandemic, World Bank President David Malpass said on Monday.
pandemic could push 115 mn into extreme poverty in 2020 world bank

Pandemic could push 115 mn into extreme poverty in 2020: World Bank

As many as 115 million people could be pushed into extreme poverty this year due to the economic downturn caused by the coronavirus pandemic, the World Bank warned Wednesday.
vrdf highlights advantages of value chain development

VRDF highlights advantages of value chain development

Amid the heavy impact the pandemic has had so far on Vietnam’s economy, possible solutions to overcome the crisis and come out even stronger have been under discussion at this year’s Vietnam Reform and Development Forum. At the event, participants like the World Bank’s current vice president for the region highlighted enticing recipes for the continuation of Vietnam’s success story.
world bank wants 12 bn for virus vaccine in poor nations

World Bank wants $12 bn for virus vaccine in poor nations

The World Bank on Tuesday said it has asked its board of directors to approve $12 billion to help poor countries purchase and distribute eventual vaccines against Covid-19.
vietnam has great potential for wind power conference

Vietnam has great potential for wind power: conference

Around 10 gigawatts of offshore wind power could be in operation in Vietnam by 2030, according to studies carried out by the Danish Energy Agency and the World Bank.
roadmap recommended for offshore wind power development

Roadmap recommended for offshore wind power development

Vietnam is capable of generating 10 GW of electricity by offshore wind farms by 2030, suggested studies carried out by the Danish Energy Agency (DEA) and the World Bank (WB).
vietnams human capital index improves

Vietnam's human capital index improves

A new report by the World Bank Group pointed out that between 2010 and 2020, the Human Capital Index for Vietnam increased from 0.66 to 0.69.
fdi creates jobs but does it eliminate poverty

FDI creates jobs, but does it eliminate poverty?

A World Bank report shows that workers in sectors and regions receiving high foreign direct investment (FDI) flows are more likely to find formal employment and receive higher wages, however, there is limited evidence on the effects on income distribution.
vietnam good at taking advantage of crisis wb expert

Vietnam good at taking advantage of crisis: WB expert

Vietnam has been always very good at taking advantage of crisis to accelerate reforms and move faster and grow better, Jacques Morisset, World Bank Lead Economist and Programme Leader for Vietnam, has said.
foreign banks pour capital into vietnam

Foreign banks pour capital into Vietnam

The International Finance Corporation (IFC), a member of the World Bank Group, announced on August 11 that it will provide a 70 million USD loan to Indo Trans Logistics Corporation (ITL Corp), with the aim of improving logistics, trade and competitiveness in Vietnam’s economy amid the COVID-19 pandemic.