Nam Long strategy on course with brand new cash injection

Nam Long strategy on course with brand new cash injection

International Finance Corporation, a member of the World Bank, has announced it will pour around $43.4 million into Nam Long Group (HSX:NLG) in the form of bonds, despite the Vietnamese government applying strict management on the bond market.
World Bank slashes China growth forecast over Covid damage

World Bank slashes China growth forecast over Covid damage

The World Bank has sharply slashed its annual growth forecast for China, warning in a report Wednesday that Covid disruptions could further slow recovery in the world's second-largest economy.
PM Chinh receives WB Director General, US business leaders

PM Chinh receives WB Director General, US business leaders

Prime Minister Pham Minh Chinh received Director General of the World Bank (WB) Axel Van Trotsenburg and leaders of some US corporations on May 11 (local time) during his working visit to the US.
Vietnam seeks ways to boost logistics industry

Vietnam seeks ways to boost logistics industry

Vietnam’s geography gives it a logistical advantage in boosting production, export and logistics services. This year, the Government has set targets of tapping its full potential.
Setting the priorities for Vietnamese people to thrive

Setting the priorities for Vietnamese people to thrive

By any standards, the pace of Vietnam’s development has been extraordinary.
Organisations supporting low-carbon agriculture

Organisations supporting low-carbon agriculture

With its strong commitment to the world to achieve net-zero emissions over the next few decades, Vietnam is cooperating with some international organisations on initiatives for low carbon imprints in the agricultural sector - one of the biggest emitters in the country.
Trajectory uncertain for Vietnam’s growth

Trajectory uncertain for Vietnam’s growth

Headwinds to Vietnam’s positive growth outlook are rising as a result of the Russia-Ukraine conflict, and risks from a slowdown in many of the country’s key trade partners are weighted to the downside.
Foreign investment in Vietnam continues bouncing back

Foreign investment in Vietnam continues bouncing back

Despite the COVID-19 pandemic’s adverse impacts, foreign investors still put their trust in the economy and investment climate of Vietnam in the new normal context, said Director of the Foreign Investment Agency (FIA) Do Nhat Hoang.
WB pleges to support Vietnam to become high-income economy by 2045

WB pleges to support Vietnam to become high-income economy by 2045

World Bank (WB) Regional Vice President for East Asia and Pacific Manuela V. Ferro on March 25 concluded her five-day visit to Vietnam.
WB: Digital and circular economy can earn Thailand 3.4 billion USD annually

WB: Digital and circular economy can earn Thailand 3.4 billion USD annually

The World Bank has said digital and disruptive technologies, along with the development of a circular economy, can earn Thailand up to 3.4 billion USD each year in additional investments, savings and revenue.
Green economic development crucial to FDI attraction

Green economic development crucial to FDI attraction

Viewed as an attractive investment destination, yet Vietnam still needs more attention to green and low-carbon economic development so as to sustainably attract foreign direct investment (FDI), according to experts.
World Bank builds offshore wind roadmap for Vietnam

World Bank builds offshore wind roadmap for Vietnam

The World Bank has recommended 20 actions that address three priority areas for Vietnam’s successful offshore wind industry.
World Bank approves $90 mn in pandemic aid for Iran

World Bank approves $90 mn in pandemic aid for Iran

The World Bank has approved $90 million in additional financing for Iran, to help fight against the Covid-19 pandemic, a spokesperson said Friday.
Spurring vibrant economic growth

Spurring vibrant economic growth

Vietnam is approaching 2022 with great hope that its economy will strongly bounce back from negative impacts of the past two years. Jacques Morisset, World Bank lead economist and programme leader for Vietnam, talked with VIR’s Thanh Thu about the New Year’s prospects and expectations.
World Bank loan to support Vietnam’s economic recovery

World Bank loan to support Vietnam’s economic recovery

Vietnam and the World Bank have signed an agreement for the financing of $221.5 million to support COVID-19 recovery through policy reforms.
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