Pathways for transitioning to EVs in Vietnam

Pathways for transitioning to EVs in Vietnam

Transitioning to electric vehicles (EVs) and decarbonising Vietnam’s transport sector will require comprehensive policy reforms and significant investment in five key areas, according to a new report by the World Bank.
Vietnam - a success story in development path: WB Vice President

Vietnam - a success story in development path: WB Vice President

World Bank (WB) Vice President for East Asia and the Pacific Manuela V. Ferro described Vietnam as a success story in terms of economic development since it has dramatically transformed the economic landscape..
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

Vietnam's corporate bond market remains fragile due to the limited presence of institutional investors.
World Bank forecasts Vietnam’s economy to grow by 6.1 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 the World Bank.
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.
Hanoi to ask for WB’s 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 $6.7 billion green projects

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

Ho Chi Minh City is calling for investments into 28 green-growth projects, valued at more than $6.7 billion.
Ho Chi Minh City needs to start carbon credit market quickly

Ho Chi Minh City needs to start carbon credit market quickly

Ho Chi Minh City has a great opportunity to reduce emissions and promote green growth.
World Bank to support Ho Chi Minh City on carbon credits

World Bank to support Ho Chi Minh City on carbon credits

The challenges presented by the carbon credit market were the main talking points of a meeting on January 24.
World Bank approves $231 million for Binh Duong Water Improvement Project

World Bank approves $231 million for Binh Duong Water Improvement Project

The World Bank approved the Binh Duong Water Environment Improvement Project on January 12.
The state of play for Vietnam’s economy into 2024

The state of play for Vietnam’s economy into 2024

The Vietnamese economy is set in 2024 to grow at a higher rate than in 2023. Andrea Coppola, lead economist for the World Bank in Vietnam, spoke with VIR’s Nguyen Dat about the country’s economic performance last year and prospects for the future.
WB-funded agriculture project benefits 29,000 farmer households in Soc Trang

WB-funded agriculture project benefits 29,000 farmer households in Soc Trang

As many as 29,000 farmer households in the Mekong Delta province of Song Trang benefited from the Vietnam Sustainable Agriculture Transformation (VnSAT) project funded by the World Bank, heard a conference to review the project in the locality on December 28.
Vietnam seals major carbon credit deal, fetching $53 million

Vietnam seals major carbon credit deal, fetching $53 million

Vietnam has sold 10.3 million tonnes of carbon credits to the World Bank.
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