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Vietnam seeks US$360 million loan from WB for high-quality rice project

The Ministry of Agriculture and Rural Development of Vietnam is searching for a loan of US$360 million (equivalent to VND9 trillion) from the World Bank to carry out a US$470 million plan to cultivate one million hectares of high-quality rice.

Vietnam among top growth leaders globally in 2024: World Bank

The World Bank, in its East Asia and Pacific Economic Update released on April 1, 2024, forecast that the Vietnamese economy would grow by 5.5% this year, making it among top growth leaders in the world.

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.

WB greenlights $351m water improvement project in southern Vietnam

The World Bank Board of Directors has recently approved a water improvement project worth over US$300 million in the southern province of Binh Duong.

Positive outlook for Vietnamese economy: foreign experts

WB official said Vietnam's economy remains resilient in 2023 meanwhile ADB Country Director points to three main growth drivers of Vietnam's economy in 2024.

Experts suggest measures to lure investment in VN securities market

World Bank (WB) experts have suggested several things that Vietnam should do to attract foreign investment in the stock market at the recent Inter-Agency Seminar on Unlocking the Potential of Vietnam’s Capital Markets.

Extension of economic support scheme needed to boost economic growth

World Bank (WB) experts underlined the need to extend the implementation of the economic support programme next year in order to allow its planned investments to be fully deployed amid the economy facing headwinds.

VND3.9 trillion invested in developing southern waterway corridors, logistics

The Ministry of Transport has freshly approved a project for developing waterway corridors and logistics in the southern region, which is worth nearly 3.9 trillion VND (163.34 million USD) funded by the World Bank (WB).

Vietnam should keep close watch on inflation rate: World Bank

Vietnam should closely monitor inflation which has been on the rise in recent time, according to the World Bank (WB).

WB projects Vietnam's economic growth to slow to 4.7% this year

Vietnam’s real economic growth is expected to slow to 4.7% this year before recovering to 5.5 % in 2024 and 6.0 % in 2025, according to Vietnam’s Macro and Poverty Outlook released by the World Bank on October 2.

Vietnam to consolidate fiscal stance in line with 2030 strategy

The government should continue to support the expansion of domestic demand, which is gaining momentum for recovery, as a fiscal solution for spurring on economic growth, experts have suggested.

Prime Minister meets World Bank President in Indonesia

Prime Minister Pham Minh Chinh on September 7 received World Bank (WB) President Ajay Banga in Jakarta on the sideline of the 43rd ASEAN Summit and related meetings in Indonesia.

World Bank aids US$129.6 million for projects reducing flood risk

The World Bank (WB) just approved a US$129.6 million credit to support Vietnam to strengthen adaption ability to flooding and improve sanitation, transport and public space infrastructure in Vinh City, Nghe An Province.

World Bank forecasts Vietnam’s 2023 growth at 6.3%

Vietnam’s economic growth is projected to ease to 6.3 percent in 2023 from a robust 8 percent last year, as services growth moderates and higher prices and interest rates weigh on households and investors, according to the World Bank's latest report.

Preparation needed to deal with 2023 economic headwinds

It is anticipated that 2023 will be a challenging year for the world economy, particularly Vietnam. The question is how to counteract the upcoming headwinds.

WB economist points to Vietnam’s growth drivers

Vietnam’s strong economic performance in 2022 has been driven by several factors, including export, domestic demand and private investment, according to Andrea Coppola, the World Bank (WB)’s lead economist.

Vietnamese economy records strong growth of 13.7% in Q3

Vietnam’s economy registered strong annual growth of 13.7% in Q3, mostly reflecting a low base effect, according to the October edition of the World Bank (WB)’s monthly Vietnam Macro Monitoring.

WB Lead Country Economist: Viet Nam sees strong rebound, momentum remains strong

Vietnam has witnessed a strong rebound after last year’s COVID related slowdown, said World Bank (WB) Lead Country Economist and Program Leader for Equitable Growth, Finance and Institutions in Vietnam Andrea Coppola.

Vietnam needs skilled workforce to become upper-middle-income economy by 2035: WB

Vietnam will need a skilled workforce to transform itself into an upper-middle-income economy by 2035, the World Bank has suggested in its recently-released report named “Taking Stock: Educate to Grow”.

WB, FTSE Russell pledge regular coordination in upgrading Vietnam's stock market

Representatives of the World Bank (WB) and FTSE Russell have committed to further supporting Vietnam to build a sustainable stock market, particularly via regularly exchange and coordination in the market upgrading matter.