ifc considers 200m loan for lg innotek vietnam

IFC considers $200m loan for LG Innotek Vietnam

The International Finance Corporation (IFC), a member of the World Bank Group, is considering a loan of up to $200 million to LG Innotek Vietnam Haiphong Co., Ltd.
opec fund enhances global partnerships with substantial financing commitments at the 2024 world bank meetings

OPEC Fund enhances global partnerships with substantial financing commitments at the 2024 World Bank meetings

The OPEC Fund for International Development (the OPEC Fund) concluded its participation in the 2024 World Bank-IMF Annual Meetings with robust new financing commitments, signing loan agreements totaling nearly half a billion dollars with partner countries.
bond market recovery slowed by weak institutional investor support

Bond market recovery slowed by weak institutional investor support

Despite positive signs of recovery, Vietnam's corporate bond market remains fragile due to the limited presence of institutional investors, highlighting the need for stronger participation to ensure long-term stability.
strategic actions for digital healthcare gain

Strategic actions for digital healthcare gain

Vietnam’s healthcare sector is making efforts to adopt innovations. Le Minh Sang, senior health specialist at the World Bank Vietnam Office, provides an analysis on how to foster an enabling environment for health innovations.
world bank forecasts vietnams economy to grow by 61 per cent in 2024

World Bank forecasts Vietnam’s economy to grow by 6.1 per cent in 2024

Vietnam’s economy is forecast to grow by 6.1 per cent in 2024, rising to 6.5 per cent in 2025–2026, according to a report by the World Bank issued on August 26.
practical solutions appropriate regarding sugary drinks

Practical solutions appropriate regarding sugary drinks

International organisations like the World Health Organization, World Bank, UNICEF, and Johns Hopkins University have put across their opinions on proposals in Vietnam on taxing sugary beverages, the Ministry of Finance has said.
mobilising efficient capital for biodiversity positive economy

Mobilising efficient capital for biodiversity-positive economy

Biodiversity loss affects every single aspect of life, including economic activities and the financial system. This is because many economic and financial activities depend on ecosystem services which are threatened due to the unprecedented global biodiversity loss, according to a trailblazing report published by the World Bank in 2023 which investigated the biodiversity risks of the banking systems in 20 emerging markets.
ifc fully divests from abbank

IFC fully divests from ABBank

International Finance Corporation (IFC), a member of the World Bank Group, has sold 84.8 million shares or an 8.2 per cent stake in ABBank, according to a planned divestment roadmap.
key driver gains a must for growth

Key driver gains a must for growth

Only slight order number improvements and enterprise confidence sentiment mean it may be difficult for the country to hit its desired growth goals this year.
pm receives outgoing wb country director

PM receives outgoing WB Country Director

Prime Minister Pham Minh Chinh on March 28 hosted a reception for World Bank (WB) Country Director for Vietnam Carolyn Turk, who came to say goodbye at the end of her tenure.
ifc considers 150 million investment in ocb

IFC considers $150 million investment in OCB

International Finance Corporation (IFC), a member of the World Bank Group, is considering investment of up to $150 million in Vietnam-based OCB.
hanoi to ask for wbs help with design of national railway station

Hanoi to ask for WB’s help with design of national railway station

The Hanoi Department of Transport has proposed the municipal People’s Committee ask for the World Bank (WB)’s assistance in the technical design of the general layout for the Ngoc Hoi national railway station complex.
ho chi minh city seeks investors for 67 billion green projects

Ho Chi Minh City seeks investors for $6.7 billion green projects

Ho Chi Minh City is calling for investments in 28 projects, worth around VND160 trillion (over $6.7 billion), dedicated to green growth objectives. These projects were introduced at a conference on January 24 at Lotte Hotel.
ho chi minh city needs to start carbon credit market quickly

Ho Chi Minh City needs to start carbon credit market quickly

On the sidelines of an investment conference centred around green growth on January 24, Muthukumara S. Mani, Lead Environmental and Climate Change Economist, Southeast Asia Region at the World Bank, spoke with VIR’s Bich Ngoc on the importance of the Vietnam’s carbon credit market development.
world bank to support ho chi minh city on carbon credits

World Bank to support Ho Chi Minh City on carbon credits

The opportunities and challenges presented by operating a carbon credit market in Ho Chi Minh City in line with the World Bank were the main talking points of a meeting on January 24 between Chairman of Ho Chi Minh City People's Committee Phan Van Mai and World Bank experts at an investment conference centred around green growth on January 24.