Vietnam may receive $1.56 billion from $650 billion IMF special drawing rights

Vietnam may receive $1.56 billion from $650 billion IMF special drawing rights

The IMF has approved an allocation of special drawing rights of $650 billion to boost global liquidity, and Vietnam could receive some of this.
IMF proposes $50 bn plan to end the pandemic: official

IMF proposes $50 bn plan to end the pandemic: official

The IMF on Friday proposed $50 billion plan to end the Covid-19 pandemic, with a target of vaccinating at least 40 percent of the world's population by the end of 2021.
RCEP shows regional strong commitment to liberal trade: IMF

RCEP shows regional strong commitment to liberal trade: IMF

The Regional Comprehensive Economic Partnership (RCEP) sends a very powerful message of the region's commitment to open and liberal trade, an official of the International Monetary Fund (IMF) has said.
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.
IMF: Vietnam’s inflation in 2021 may remain at 4 per cent

IMF: Vietnam’s inflation in 2021 may remain at 4 per cent

COVID-19 is forecast to keep hampering Vietnam from reducing inflation this year, despite the strong efforts to stimulate fiscal and monetary policies.
Vietnam to outperform Singapore in terms of GDP growth in 2020

Vietnam to outperform Singapore in terms of GDP growth in 2020

Vietnam is anticipated to see positive GDP growth of $340 billion by the end of 2020, becoming the fourth-largest economy in Southeast Asia.
IMF says global economic outlook better than June prediction

IMF says global economic outlook better than June prediction

The global economic outlook is less bleak than projected in June, an IMF spokesman said Thursday, hinting that the organization's forecasts for growth will be raised next month.
IMF staff reaches agreement with Ecuador on $6.5 bn loan

IMF staff reaches agreement with Ecuador on $6.5 bn loan

IMF staff reached an agreement with Ecuador on Friday on a $6.5 billion, 27-month loan program to help the country deal with the dual shock of Covid-19 and the plunge in oil prices.
More tinkering required for draft law on PPP

More tinkering required for draft law on PPP

Despite unprecedented revenue-risk allocation in the draft Law on Public-Private Partnerships, international developers are urging Vietnam to make additional changes ahead of the National Assembly’s adoption to increase future bankability. 
Vietnam's GDP forecast to rise by 7 per cent in 2021

Vietnam's GDP forecast to rise by 7 per cent in 2021

This year, the IMF forecast that Vietnam’s GDP would fall to 2.7 per cent, to be followed by a rise back up to 7.0 per cent in 2021.
Technology giant Apple will produce millions of AirPods in Vietnam

Technology giant Apple will produce millions of AirPods in Vietnam

Tech giant Apple will allegedly produce millions of AirPods in Vietnam from this quarter – a clear move to diversify its manufacturing operations.
IMF cuts Philippine 2020 GDP growth forecast to 0.6 percent

IMF cuts Philippine 2020 GDP growth forecast to 0.6 percent

The International Monetary Fund (IMF) has slashed its growth outlook for the Philippines for 2020 from 6.3 percent to 0.6 percent due to the impact of the coronavirus disease 2019 (COVID-19).
Stress test – Necessary exercise to prepare for COVID-19 impacts

Stress test – Necessary exercise to prepare for COVID-19 impacts

The impacts of COVID-19 are gradually appearing in many economies as the disease rapidly spreads across the globe
'Clear we have entered recession': IMF chief

'Clear we have entered recession': IMF chief

The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing nations, IMF chief Kristalina Georgieva said on Friday (Mar 27).
IMF, World Bank funds ready to fight coronavirus outbreak

IMF, World Bank funds ready to fight coronavirus outbreak

The International Monetary Fund and World Bank are ready to provide countries in need with immediate emergency funding to fight the coronavirus outbreak, a spokesman said on Thursday (Feb 27).
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