Remittances to HCMC are expected to reach some $5.3 billion in 2019, a year-on-year surge of 9 percent, according to Deputy Director of the State Bank of Vietnam’s HCMC branch Nguyen Hoang Minh.

The International Finance Corporation (IFC) remains a major shareholder of Vietinbank with a nearly 6.5% stake.

Vietnam has made considerable progress in terms of providing access to credit to become one of the top 25 global performers, according to the newly-released Doing Business Report 2020 produced by the World Bank.

The outlook for Vietnam’s business environment remains positive but further digitalisation and streamlining of the administrative system are required, a World Bank expert has said.

Growth in developing East Asian and Pacific economies is expected to slow from 6.3% in 2018 to 5.9% in 2019, and to 5.7% and 5.6% in 2020 and 2021, reflecting a broad-based decline in export growth and manufacturing activity.

The medium-term outlook for the Vietnamese economy is broadly positive despite persistent downside risks, the World Bank (WB) said in its East Asia and Pacific Economic Update released on October 10.

The Mekong Delta province of Kien Giang needs $68.8 million to fight coastal erosion, according to Nguyen Van Tam, Director of the provincial Department of Agriculture and Rural Development.

Developing greener urban areas is one of the key pillars in Vietnam’s journey to sustainable development.

Indonesia’s gross domestic product (GDP) growth could slow to 4.9 percent in 2020 and 4.6 percent in 2022 amid intensifying risks such as the escalating trade tension between China and the US, according to the World Bank.

Ousmane Dione continues his talk to VietNamNet about barriers to development and the path Vietnam needs to follow to reach prosperity.

The World Bank (WB) and the United Nations Children’s Fund (UNICEF) have called for solid steps to handle undernutrition among Vietnamese children.

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.

Total coast erosion in the Mekong Delta province of Kien Giang has extended to 86 km, according the provincial Department of Agriculture and Rural Development.

According to the World Bank, Vietnam has had the sharpest minimum wage increase in the region, a 14 percent rise in the 2014-2016 period.

Vietnam on July 17 shared its experience in integrating Sustainable Development Goals (SDGs) into building plan and strategy for socio-economic development at the UN Economic and Social Council’s High-level Segment.

Vietnam’s growth momentum moderated since the beginning of the year, but outlook remains positive, according to Taking Stock, the World Bank (WB)’s bi-annual economic report on Vietnam released on July 1.

Experts from the World Bank have observed several major improvements in the ease of doing business in Vietnam, the Ministry of Planning and Investment (MPI) has said.

 The World Bank has been warning of a worldwide economic slowdown for a while now, but its projections just took a turn for the worse.

 The World Bank says global economic growth is likely to speed up this year, after a stronger than expected 2017.

 VietNamNet Bridge – Vietnam climbed 81 places to rank 86th among 190 economies on the ease of paying taxes in the Doing Business 2018 (DB2018) report recently released by the World Bank (WB).