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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.

World Bank builds offshore wind roadmap for Vietnam

The World Bank has recommended 20 actions that address three priority themes for Vietnam’s successful offshore wind industry.

WB forecasts Vietnam’s growth at 5.5 percent in 2022

The World Bank (WB) has forecast that Vietnam’s economic recovery is likely to accelerate in 2022 as GDP growth is expected to rise to 5.5 percent from 2.6 percent in the year just ended.

World Bank grants $221.5mln loan to support Vietnam's economic recovery

The Government of Vietnam and the WB have signed an agreement for financing of US$221.5 million to support Vietnam’s recovery from the COVID-19 pandemic through policy reforms on improving financial inclusion and greater environmental resilience.

WB official optimistic about Vietnam's 2022 GDP growth prospect

Vietnam's target of bringing its GDP growth to 6-6.5% in 2022 is entirely possible if it can effectively control the COVID-19, and improve the supply – demand balance, an official of the World Bank (WB) has said.

Vietnam’s economy sees positive changes: World Bank

Amid a protracted COVID-19 outbreak, socio-economic data in October showed the contraction has bottommed out and Vietnam's economy has made positive changes, the World Bank in Vietnam said.

Business environment reform: drastic and consistent

After several years using the World Bank Ease of Doing Business report as a measurement, Vietnam's business environment has made great strides.

WB lowers Vietnam’s GDP growth forecast to 2-2.5 percent this year

Vietnam’s GDP growth forecast for this year has been lowered to 2-2.5 percent, according to the World Bank's October 2021 Vietnam Macro Monitoring.

Vietnam’s economy to slow as population ages: WB report

Population aging could slow down Vietnam's long-term growth in the 2020–2050 period by 0.9 percentage points compared with the last 15 years, a new World Bank (WB) report finds.

World Bank suggests ways for Vietnam to recover economy

The World Bank has suggested the Vietnamese Government early devise back-up plans in case the COVID-19 pandemic could last one or two more years, and conduct vaccination in parallel with testing to control the pandemic and mitigate its economic loss.

Vietnam’s economy will recover after lockdown is lifted: WB economist

Vietnam’s economy will recover on the back of solid growth achieved in the first half of 2021 after the lockdown is lifted, Dorsati Madani, Senior Economist at the World Bank (WB) Vietnam, has said.

Vietnam forecast to grow by 4.8 percent in 2021: World Bank

The World Bank (WB) has projected Vietnam’s GDP to expand by 4.8 percent in 2021, two percentage points lower than its previous prediction in December 2020.