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World Bank supports medical waste treatment area

 VietNamNet Bridge – The World Bank has supported a project to build a medical waste treatment area with a total cost of VND120 billion (US$5.4 million) in this central province,

‘Viet Nam's GDP to grow 6.5%'

Viet Nam's gross domestic product growth is forecast to reach 6 per cent this year, gradually increasing to 6.5 per cent in 2017, according to the World Bank.

International institutions raise GDP forecast, confidence regained

Vietnamese have every reason to be optimistic about the country’s economic performance in the time to come. International institutions all have raised Vietnam’s forecast GDP growth rate for 2015.

Both World Bank, IMF voice willingness to cooperate with AIIB

The heads of the World Bank and the International Monetary Fund said Thursday that they are willing to strengthen cooperation with the Asia Infrastructure Investment Bank to unleash the huge potential in the region. 

World Bank approves $100 mln credit for Vietnam’s poverty reduction

 The World Bank (WB) Board of Executive Directors has approved an additional 100 million USD loan for an ongoing project to help improve living standards for the poor in six northern mountainous provinces of Vietnam.


World Bank programme requests research proposals; Slow demand means hard year for rubber; Vietnam invests nearly $20 billion abroad; Economy benefits much from oil price slump; Higher taxes for HCMC restaurants, household businesses

Vietnam rapidly urbanising: World Bank

 Vietnam is rapidly urbanising, both spatially and demographically; despite a large amount of urban expansion, its cities are becoming denser, said a report released by the World Bank (WB) on January 26.

Meet a 6-pack man who quits stable job to travel the world

 VietNamNet Bridge – Mario Tomic, 28 year olds, is a Croatian village man who quitted job at World Bank to do what he really wants in life. You can call him an online fitness coach, an entrepreneur, a health coach

World Bank cuts global growth forecast

 The World Bank has cut its global growth forecast, warning the US alone cannot drive an economic recovery.

Images: The project that changed the lives of millions of Saigonese

 VietNamNet Bridge - After 10 years of implementation, the Urban Upgrading Project has brought a new face to Ho Chi Minh City, benefiting millions of people, especially the poor.

Land information more available in Vietnam

In its Land Transparency Study released at a ceremony yesterday, the World Bank ranked southern Can Tho City number one in Viet Nam for providing comprehensive, easily accessible land-related information through its website.

WB vows to assist Vietnam’s economic restructuring

WB vows to assist Vietnam’s economic restructuring; PM reiterates determination to develop defence industry; Austrian President believes in Vietnam’s development prospect; 15th AAFV national congress opens in France

Foreign donors vow to support Vietnam’s development

 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.

World Bank helps Mekong Delta tackle climate change

 The World Bank is funding a rural development project to help the Mekong Delta of Vietnam improve its climate change resilience.

Ebola: World Bank lowers 2014 growth for worst-hit nations

 The World Bank has revised downwards its 2014 GDP growth projections for the three nations worst hit by the current Ebola outbreak - Liberia, Sierra Leone and Guinea.

World Bank pledges new finance for efforts to fight against Ebola

The World Bank on Thursday announced an additional 100 million U.S. dollars of funding in a response to curtailing Ebola crisis so as to speed up deployment of foreign health workers to the three worst-affected countries in West Africa

World Bank: 40% of Vietnamese businesses’ profits go to taxes

 VietNamNet Bridge - In 2014, on average, each Vietnamese firm spends 872 hours paying taxes and the tax costs account for 40.8% of profits, according to the World Bank’s (WB) annual report on the global business environment.

Vietnam vows to optimise use of World Bank loans

 Prime Minister Nguyen Tan Dung thanked the World Bank (WB) for its effective assistance to the development of Vietnam over the past years during his meeting with WB President Jim Yong Kim in Hanoi on July 17.

Political News Headlines 25/6

National Assembly’s seventh session concludes; Some 80,000 articles criticise China’s illegal oil rig placement; World Bank’s support, assistance to poverty fight praised; Vietnam, South Africa seek to boost defence ties

VN faces wild polio threat

The Ministry of Health has told local medical centres, institutes of hygiene and epidemiology and Pasteur Institutes throughout the country to take preventive measures against the wild polio virus which has spread globally.