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Remittances to HCM City expected to pick up 9 percent

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.

IFC divests stake at Vietnam’s state-run Vietinbank

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

Vietnam among top 25 global performers in credit access: WB

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.

Streamlined admistrative system required to boost business environment: 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.


VN to stay on track as East Asia and Pacific growth slumps

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.


Vietnam’s economic outlook positive in medium term: WB

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.

Kien Giang needs over $68.8 million to tackle coastal erosion

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.

Working together to secure a green nation

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


World Bank: Indonesia’s economy is facing numerous challenges

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.

Vietnam at a T-junction

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

WB, UNICEF to help address child undernutrition in Vietnam

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

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.

Kien Giang suffers from coastal erosion

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.


Who will benefit when Vietnam raises the minimum wage?

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 shares experience in SDG implementation

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 outlook remains positive: WB

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.

World Bank reports improvements in Vietnam’s business reforms

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 just got more pessimistic about global growth

 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.

Global growth back at pre-crisis levels, says World Bank

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

WB: Vietnam climbs 81 places in ease of paying taxes

 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).