Last year VN took the initiative to speed up restructuring of State-owned enterprises, but it also needs to strengthen its focus on another pillar of the economy, the private sector, which is key to the nation's future success, said Wendy Jo Werner..

 Prime Minister Nguyen Tan Dung has hailed the World Bank (WB) for its assistance in reforming the financial and banking sector in Vietnam, and pledged to hold the sector to international practices and standards.

Vietnam has committed to working diligently to maximise its use of official development assistance, National Assembly Vice Chairwoman Nguyen Thi Kim Ngan assured World Bank Country Director in Vietnam Victoria Kwakwa in Hanoi on February 3.

 VietNamNet Bridge - Vietnam ranks second among the countries with the most complaints related to corruption, especially in the field of transport and water supply, according to the World Bank (WB).

The most prestigious financial institutions believe that Vietnam's economy will see a strong recovery in 2015 and that the drop in crude oil prices, though lowering revenue for the state, will help foster production and consumption.

Vietnamese bank invests in five-star hotel in Laos;  HCMC agricultural restructuring brings many successes; Power group continues proposing power price increase; VN moves to improve ship standards; WB keeps Vietnam’s GDP growth at 5.6 percent in 2015

The World Bank announced on December 24 that its Board of Executive Directors approved $450 million in loans for Vietnam to carry out the second phase of an environmental sanitation project in Ho Chi Minh City.

 World BankCountry Director Victoria Kwakwa has affirmed development partners’ willingness to support Vietnam through providing policy consultancy and capital sources at the Vietnam Development Partnership Forum which opened in Hanoi on December 5.

 VietNamNet Bridge – International institutions and media have recently reported on the positive outlook of Vietnam’s national economy and brighter prospects in 2015.

Ho Chi Minh City attracts over 3.1 billion USD in FDI; WB reports early signs of Vietnam's economic recovery; SOE equitisation requires $5-10 billion; SBV calls for agriculture credit boost; Vietnam offers huge opportunity for retail banking market

 The World Bank (WB) on December 3 revised its growth projections for Viet Nam from 5.4% to 5.6% in 2014 in its economic update report.

 Local carriers busy for new int’t air routes; PM considers support for Lao Bao economic zone; Trade shortfall with China swells; US$700-million waste complex to go up in Long An; Major IT event set for December

 VietNamNet Bridge - Prime Minister Nguyen Tan Dung said at a recent conference held by the Ministry of Planning and Investment that the calculation of GDP in Vietnam was unrealistic and different from other countries.

 HCM City sunk floodwater; 52 people from Ebola-hit areas under close surveillance; PM orders stop to tobacco smuggling; Wildlife still widely consumed in Vietnam; Japan unveils visa requirement relaxation for Vietnam;

Six missing from cargo ship sunk off Hai Phong; Expressway opens in HCM City; HCM City;  mitigates risks of falling trees; Jetstar runs first emergency evacuation drills using aircraft; PM Dung approves 27th IBO organization plan

 The World Bank will cooperate with Vietnam to ensure that progress made in living standards over past years continues and the country achieves sustainable economic development consistent with a Green Growth Strategy.

 VietNamNet Bridge – Vietnam always appreciates the World Bank’s official development assistance (ODA) and is determined to effectively implement measures to speed up its capital disbursement.

 The World Bank has committed US$2 billion to 30 Vietnamese cities to carry out urban development and management, institution and infrastructure construction projects.

Many ethnic households in the northern mountainous Lai Chau Province's Ban Giang Commune have accused a farm owner of illegally exploiting minerals, which has polluted the environment and damaged crops.

 Vietnam, RoK cooperate in copyright protection; Workers abroad fined for violating contracts; Continued objection to China’s illegal acts; Workers hospitalised for exposure to extreme hot weather