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Creating a decade of sustainable environment

In the 2021-2030 period, Vietnam aims to prevent pollution and environmental degradation, and gradually improve environmental quality.

NA Chairwoman Nguyen Thi Kim Ngan receives WB’s country director

National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan on November 21 appreciated the World Bank (WB)’s comprehensive cooperation with Vietnam and its contributions to the country’s development in recent times.

Vietnam slips further in WB’s Doing Business 2020 ranking despite scoring higher

Vietnam has made significant improvements in getting credit and paying taxes, resulting in increases of 5 and 6.1 points against last year’s results.

Vietnam’s GDP back on 7% track with manufacturing and services

Vietnam’s growth is exceeding expectations, prompting economists and researchers to revise forecasts for the nation in the near term, while remaining cautious due to fears of a global economic recession.

Vietnam’s logistics industry receives Asian investment

Japanese and South Korean are running a race to pour capital into Vietnam’s logistics industry.

PM hosts CEO of International Finance Corporation

Prime Minister Nguyen Xuan Phuc received Philippe Le Houerou, CEO of the International Finance Corporation (IFC) – a member of the World Bank (WB) Group, in Hanoi on August 15.

Vietnam assisted to meet needs of aging population

JICA and WB on August 7 jointly launched a knowledge-sharing programme to assist policymakers in Vietnam with developing new models of care services for the elderly as Vietnam’s population is aging at a pace faster than any of its regional peers.

Tax on plastic packaging proposed

Warning about the increasingly high amount of plastic waste and the serious environmental consequences, the Ministry of Natural Resources and Environment will propose a tax on plastic packaging to limit production and consumption.

Census results to help government form new policies

Within four months, the preliminary results of the Vietnam 2019 Population and Housing Census will be made public. Information about population, education level, jobs, housing and migration will be helpful to form new policies.

Vietnam’s economic growth scenarios for 2019

VietNamNet Bridge - International institutions have predicted high GDP growth rates for Vietnam in 2019, but do not expect them to be more than 7 percent.


BUSINESS NEWS IN BRIEF 27/3

Hai Phong needs VND3.5 trillion to develop logistics by 2020, MoF urges PVN to accelerate divestment in sensitive sectors, FLC proposes new airline catering service processing area, WB, Binh Duong discuss infrastructure cooperation

World Bank pledges to support Vietnam in infrastructure development

 VietNamNet Bridge – The World Bank is willing to work with Vietnam in infrastructure development and wants to share Vietnam’s experience with other countries in this sphere, 

Vietnam warned of GDP growth slowdown

VietNamNet Bridge - While giving different predictions about Vietnam’s GDP growth rate in 2019, institutions all agree that Vietnam will have to face high risks in the time to come.

Vietnam urged to mobilize $60 billion from the public

At the Vietnam Economic Forum held some days ago, experts from the World Bank said that $60 billion hoarded by the public could be a huge capital resource for the country’s development.

Public debts rise, Ministry warns of ODA trap

VietNamNet Bridge - The interest rates offered by China are twice as much as other lenders, while the lending conditions are less preferential.

How will Vietnam deal with a 10-year crisis cycle?

VietNamNet Bridge - Vietnam will have solutions to restrict the effects of any future global economic downturn, according to General Statistics Office’s director Nguyen Bich Lam.

Sustainable development faces difficulties

Ousmane Dione, director of the World Bank for Vietnam said the country's sustainable development was being challenged by slower trade development, a poorly-skilled workforce, climate change and ageing population.

WB, IMF pledge to support Vietnam’s development

The World Bank (WB) will continue to help Vietnam achieve its development goals, WB Chief Executive Officer Kristalina Georgieva told Vietnamese Deputy Prime Minister Vuong Dinh Hue during their meeting in Washington on June 26.  

The dark side of the agricultural industry: untreated waste

VietNamNet Bridge - At the Lagos Conference in 2016, Vietnam was reported as ranking 10th worldwide in air pollution. 

PM praises WB, IMF’s support for Vietnam’s development

The Vietnamese Government appreciates consultations of the WB and IMF on the management of the macro-economic policy in Vietnam, helping the country maintain macro-economic stability and low inflation rate.