11-08-2020 12:16
The IFC, a member of the World Bank Group, is providing a financing package of $70 million to Indo Trans Logistics Corporation of Vietnam in an aim to support the development of the logistics sector, thus facilitating trade and enhancing the competitiveness of the country’s economy during COVID-19.
06-08-2020 09:00
In life, economic and health gains are not always equal. This is true for individuals and for countries. While Vietnam has managed to contain the pandemic so far, its economy has been hurt in recent months.
05-08-2020 10:33
The International Finance Corporation (IFC) is providing $140 million in loans to VPBank and OCB to help the two banks support local businesses with disrupted cash flows sustain operations and maintain employment.
05-08-2020 09:00
Despite a serious dip in local production caused by the health crisis, Vietnam is expected to be one of the fastest-growing nations worldwide this year, with the economy forecast to stay among the few nations with positive growth.
01-08-2020 09:48
The World Bank’s new emergency response project worth $6.2 million will contribute to helping Vietnam monitor and respond to the COVID-19 pandemic.
07-07-2020 17:32
The International Finance Corporation (IFC), a member of the World Bank Group, is providing a financing package of $75 million to Phu My Hung Development Corporation to help sustain its property development operations after COVID-19.
25-06-2020 08:08
The World Bank (WB) Group and the Australian Government have agreed to extend their strategic partnership in Vietnam with a commitment of a further 5 million AUD to support Vietnam’s economic recovery and protect the most vulnerable from the negative impacts of the COVID-19 pandemic.
23-06-2020 08:38
Prime Minister Nguyen Xuan Phuc lauded outgoing Country Director of the World Bank (WB) in Vietnam Ousmane Dione for his impressive contributions to the ties between the lender and the country, during a reception in Hanoi on June 22.
11-06-2020 08:36
World Bank (WB) Country Director for Vietnam Ousmane Dione said the bank will continue supporting the Southeast Asian country on its development path at a meeting with Politburo member Nguyen Van Binh, head of the Party Central Committee's Economic Commission in Hanoi on June 10.
08-06-2020 22:23
Country Director of the World Bank (WB) in Vietnam Ousmane Dione has expressed his appreciation of the success Vietnam and Hanoi in particular had in controlling the COVID-19 pandemic.
21-05-2020 09:00
As the old saying goes, “What does not break you makes you stronger.” This is so true for Vietnam, not only throughout its rich history but also in the current context.
14-05-2020 09:00
Recent analyses by the World Bank indicate that Vietnam will be one the few countries in the entire world to experience positive economic growth in 2020.
12-05-2020 12:54
Despite a four-month high in the consumer price index, Vietnam will likely be successful in reining in inflation this year thanks to a decline in oil price and public demand, as well as the government’s efforts to stabilise prices in the market.
06-05-2020 09:00
Asteep decline in business confidence is expected to contribute to a drop in economic growth this year, but the Vietnamese economy is projected to rebound significantly next year thanks to a surge in domestic production after the coronavirus pandemic.
05-05-2020 18:00
The World Bank (WB) has issued an update on Vietnam’s macro-economy for May, in which it said the economy may prosper again after social distancing measures were eased nationwide on April 23.