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Update news world economy
World Bank President David Malpass says billions of people will have their livelihoods affected.
The IMF says the coronavirus pandemic has plunged the world into a "crisis like no other".
OECD boss Angel Gurría says the economic shock is already bigger than the financial crisis
VietNamNet Bridge – Remittance inflows into Vietnam are expected to continue increasing this year, as overseas Vietnamese look to put their savings to work.
Viet Nam has diversified capital sources for infrastructure projects, Dinh La Thang, Minister of Transport told the Viet Nam Economic Times.
VietNamNet Bridge – At talks with his Azerbaijan counterpart Ilham Aliyev in Ha Noi yesterday, May 19, President Truong Tan Sang made clear Viet Nam's stance on expanding relations with the Eurasian country as its major partner in southern Caucasus.
VietNamNet Bridge – To develop a fair market economy, Viet Nam needs to treat its SMEs better, Nguyen Duc Thanh, director of Viet Nam Centre for Economic and Policy Research, tells Thoi bao Kinh doanh (Business Times).
The global economy is poised for a gradual upturn in 2013 as the constraints on growth gradually ease, but policy complacency should be guarded against as risks remain,