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UN, WB outline plans to mobilize financing for sustainable energy for all

The United Nations and the World Bank on Wednesday announced a concerted effort by governments, international agencies, civil society and the private sector to scale up financing to provide sustainable energy for all,

World Bank to fund Vietnam’s FIRST project

 VietNamNet Bridge – The World Bank (WB) will provide 100 million USD to help Vietnam implement the Fostering Innovation through Research, Science and Technology (FIRST) project which was inaugurated on November 7.

Tax administration tops the bribery list

VietNamNet Bridge – A report by the World Bank on October 31, revealed some of the sectors with highest corruption problems in Vietnam.


 Vingroup secures loan from international market; Ca Mau fishery sector moving towards sustainable exploitation; Dong Nai imports another 1,500 cows from Australia

WB bars its doors to a Vietnamese company

The World Bank has debarred Infra Thang Long JSC for its fraudulent practices relating to the development projects in East Asia. The defendant said it just “did not report the truth” while it did not deliberately cheat anyone.

Women in 15 nations need spouse's okay to work

 At least 15 countries give husbands the power to prevent their wives from working, the World Bank said in a report on gender equality in business.

24 anti-corruption initiatives awarded

VietNamNet Bridge – The Vietnam Anti-corruption Initiative Program 2013 (VACI 2013) on June 14 awarded the top 24 initiatives to support their implementation in the community.


 IDA Credits for better health care, R&D in Vietnam; Hanoi targets 8.5-9.45 pct growth in second half; Fuel traders petition ministry for another petrol price hike;  Local steelmakers call for action on anti dumping

Vietnam ranks ninth in the world for overseas remittances

VietNamNet Bridge - With $10 billion of overseas remittances in 2012, Vietnam is listed in the top 10 countries that attracted the highest overseas remittances in the world, according to the World Bank.

Nearly $60mil to protect environment in industrial zones

 VietNamNet Bridge – The Ministry of Planning and Investment has said that from now until 2018, environmental pollution will be improved through a US$58.85 million project

Poverty reduction on the back foot

 VietNamNet Bridge – Macro instability and external shocks have created new challenges to Vietnam’s poverty reduction achievements.


Foreign investors form strategic partnerships; State lender stimulus mooted; Samsung Viet Nam exports hit $12.7b; Vinacomin to continue coal dust exports; Experts discuss ways to boost services sector; Firms feted for high-quality products


  Francophone country ties treasured; Ambassador confident of Vietnam-Argentina ties; India seeks better ties with HCM City; Confidence votes to be taken annually: Assembly

World Bank estimates global economic growth rate at 2.4 pct in 2013

 The World Bank on Tuesday released its baseline economic forecast, predicting that the global economy would grow at a rate of 2.4 percent in 2013 before strengthening to 3.1 percent in 2014.

World Bank sees emerging nations leading growth

 Developing countries, led by China, will remain the main engines of global economic growth in 2013 as Europe and the United States plod along, the World Bank said in a report.

Too many risks remain, says WB

VietNamNet Bridge – Vietnam still has a lot of risks waiting ahead, although the macro-economy is regaining stability, said the World Bank (WB) at a press briefing on Wednesday. 


  FM Pham Binh Minh visits Republic of Korea; Vietnam, China border provinces boost cooperation; Lao leader receives high-ranking Vietnamese delegation; Vietnamese and Lao Fronts share experience

Anti-corruption initiative programme launched

The 2013 Vietnam Anti-Corruption Initiative Programme (VACI) was launched in Hanoi on November 29 to support ideas aiming at mitigating corruption and increasing transparency and responsibility for a better living environment.