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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).

Vietnam still needs ODA for infrastructure development: economists

VietNamNet Bridge - While some analysts believe official development assistance (ODA) should be reduced, others believe that Vietnam still needs ODA capital for infrastructure development.

Deputy PM: Vietnam welcomes WB’s MIGA support

 Vietnam hopes to receive more support from the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank (WB) group for projects in Vietnam, Deputy Prime Minister Vuong Dinh Hue said.

WB: Growth prospects for Vietnam among strongest

 The World Bank’s January 2016 Global Economic Prospects report, released on January 6, puts Vietnam among emerging countries in the world with the strongest growth prospects.

Philippines gets $500 million World Bank credit line to reduce disaster risk

 The Philippines has secured a $500 million credit line from the World Bank to support efforts to manage risks posed by natural disasters.

WB reports Vietnam’s economic recovery

 Vietnam’s GDP growth is likely to reach 6.5 percent this year as the country’s economy has weathered the recent turbulence in the external environment fairly well, said the World Bank (WB)’s latest report released on December 2.

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.

BUSINESS IN BRIEF 12/2

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.