Vietnam, Cambodia have fastest port turnaround times in ASEAN: WB
Container shipping in Vietnam and Cambodia had the fastest port turnaround times in ASEAN in June 2022 with both countries scoring an average of 0.9 days.
Deputy PM urges hastened procedures for cancelled IDA loans
Deputy PM Tran Luu Quang has signed a dispatch on the cancellation of World Bank (WB) loans due to the unusability, and the re-allocation and use of the canceled International Development Association (IDA) loans in the 2022 - 2023 fiscal year.
Macro-economic stability, inflation control continue to be priority: PM
Prime Minister Pham Minh Chinh has directed that maintaining macro-economic stability, controlling inflation, propelling growth and ensuring major balances of the economy continue to be priorities in February and coming months.
WB education projects prove effective in Vietnam
Many projects on education and training funded by the World Bank (WB) have reported good results, affirmed Minister of Education and Training Nguyen Kim Son during his recent working session with Cristian Aedo, Practice Manager for the Global Practice Education in South Asia at the WB.
WB advocates increasing investment financing for HCMC
The conference, held on November 18 to summarize the nine months of operation of the joint HCMC-World Bank Working Group (HWG), gave an overview of the group's cooperation process over the past time.
HCMC proposes to reduce US$24mln ODA capital
The Ho Chi Minh City People’s Committee has just sent a dispatch to the Ministry of Planning and Investment and the Ministry of Finance to propose the adjustment of the public investment plan 2022 from the official development assistance (ODA) fund allocated from the Central for two projects with a total capital reduction of VND600 billion (US$24 million).
HCMC to build strategic vision for data sharing
The Ho Chi Minh City Department of Information and Communications has cooperated with World Bank in Vietnam to hold a conference named ‘Building a Strategic Vision for Data in HCMC’, aiming at discussing related matters to data uses and administration to serve the operations of the municipal authorities and boost the digital transformation in the city.
Vietnam's economic growth forecast at 7.5 percent in 2022: World Bank
Vietnam’s GDP growth is forecast to expand 7.5 percent in 2022 and 6.7 percent in 2023, with resilient manufacturing and a robust rebound in services serving as the driving forces for economic recovery.
WB recommends roadmap for phasing out single-use plastics in Vietnam
To address plastic pollution, Vietnam needs a progressive phase-out, accompanied by the promotion of viable alternatives and an improved solid waste management system, Moderndiplomacy.eu has said, citing a newly-released study by World Bank (WB).
Amount of plastic in waterways in Vietnam could double by 2030
The Vietnam National Plastics Action Partnership says the amount of plastic in waterways could more than double by 2030 if the country’s current waste collection, recycling, and treatment processes are not improved.
State leader welcomes WB Managing Director of Operations
President Nguyen Xuan Phuc received World Bank (WB) Managing Director of Operations Axel van Trotsenburg in Hanoi on July 19.
Vietnam thanks WB for supporting e-Government building: PM
Prime Minister Pham Minh Chinh hosted a reception in Hanoi on July 18 afternoon for World Bank (WB) Managing Director of Operations Axel van Trotsenburg, during which he affirmed Vietnam always considers WB a good friend and an important development partner.
HCMC has urban planning for low-carbon sustainable development
Climate change is becoming more and more severe, mainly due to excessive greenhouse gas emissions from socio-economic development activities; therefore, Ho Chi Minh City has urban planning for low-carbon sustainable development.
HCMC completes first phase of developing shared databases
The first stage of developing the Ho Chi Minh City shared databases has finished. These databases are now in use to serve various state agencies and local authorities in administrative procedure completion, as well as businesses and individuals. Sai Gon Giai Phong (SGGP) Newspaper has conducted an interview with Deputy Director of the HCMC Department of Information and Communications (DoIC) Vo Thi Trung Trinh about this valuable resource.
Urgent need to prevent illicit financial flow
Recently, many questions are being raised about the various trading methods and use of capital flow in financial markets. This is due to an increase in illicit financial flow into Vietnam.
Vietnam’s economic recovery remains strong despite global uncertainties: WB
The World Bank (WB) released the June edition of its monthly Vietnam Macro Monitoring on June 13, highlighting that the economic recovery remained strong despite heightened global uncertainties.
WB downgrades growth forecast for Vietnam to 5.3 percent
The World Bank (WB) has predicted Vietnam’s GDP growth this year at 5.3 percent, down from the previous forecast of 6.5 percent issued last October.
World Bank a highly important development partner of Vietnam: PM
Prime Minister Pham Minh Chinh received World Bank (WB) Regional Vice President for East Asia and Pacific Manuela V. Ferro in Hanoi on March 21, affirming that the Vietnamese Government always views the WB as a good friend and a highly important development partner.
WB forecasts Vietnam’s growth at 5.5 percent in 2022
The World Bank (WB) has forecast that Vietnam’s economic recovery is likely to accelerate in 2022 as GDP growth is expected to rise to 5.5 percent from 2.6 percent in the year just ended.
Digital technology projected to earn US$74 billion for Vietnam by 2030: Seminar
Digital technology, if exploited to the maximum, can bring over VND1.733 quadrillion (US$74 billion) to Vietnam by 2030, with the most beneficial sectors including manufacturing, agriculture and food, and education-training.