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Vietnam is expected to remain one of ASEAN’s fastest-growing economies in 2026, supported by resilient exports, strong investment inflows and an ambitious reform agenda, despite mounting global uncertainties, according to the World Bank’s latest Vietnam Economic Update released on May 15.

PSNews - The Government of Vietnam and the World Bank have signed a US$221.5 million credit agreement to support Vietnam’s recovery from the COVID-19 pandemic through policy reforms, aiming to improve financial inclusion and environmental resilience.

World Bank (WB) Lead Economist and Programme Leader for Vietnam Jaques Morriset has pointed out solutions to turn the Southeast Asian nation into a digital powerhouse.

About 600 small and medium-sized enterprises (SMEs) in Vietnam will get support in applying technology solutions to improve labour productivity and their competitiveness as part of a project launched on July 22 by the World Bank (WB).

The People’s Committee of the northern mountainous province of Ha Giang signed a strategic cooperation framework for the 2020 – 2025 period with the World Bank (WB) in Vietnam on May 25.

The Japan International Cooperation Agency (JICA) and the World Bank (WB) on August 7 jointly launched a knowledge-sharing programme to assist policymakers in Vietnam with developing new models of care services for the elderly as Vietnam’s population is aging at a pace faster than any of its regional peers.

Vietnam pledges coordination with and hopes to receive further support from the World Bank (WB) and other partners to improve food hygiene and safety, said Deputy Prime Minister Vu Duc Dam at an online conference held in Hanoi on April 18.

Authorities of the Mekong Delta city of Can Tho and a World Bank delegation discussed a framework programme on improving local water supply services during a working session on April 10. 

This was the assertion of Mr. Ousmane Dione, World Bank Country Director for Vietnam at the workshop “Climbing the Ladder: Poverty Reduction and Shared Prosperity in Vietnam” which took place on April 5, in Hanoi by the Ministry of Planning and Investment of Vietnam and World Bank. 

National Assembly Chairwoman Nguyen Thi Kim Ngan hosted a reception in Hanoi on March 7 for a delegation from the Parliamentary Network on the World Bank and the International Monetary Fund (the Parliamentary Network) led by its Vice President Soukri Cherif.

The pace of Vietnam’s growth is expected to increase to 6.7 per cent this year, according to Taking Stock, the World Bank’s bi-annual economic report on Vietnam, released on December 11. 

Deputy Prime Minister Vuong Dinh Hue, Minister of Finance Dinh Tien Dung, World Bank’s Acting Country Director Sebastian Eckardt, and Director General of Vietnam Custom Nguyen Van Can jointly push a button to formally make the Vietnam trade information portal (VTIP) go live on July 12. 

The Board of Executive Directors of the World Bank (WB) on June 29 has approved a preferential credit package worth US$153 million for Vietnam’s national programme on poverty reduction and rural development.

Vietnam will achieve its 2017 goal of 6.7% growth in gross domestic product (GDP), higher than 6.21% in 2016, due to the efficiency of its reforms, say experts.

The World Bank will fund a project to develop an air-monitoring system worth US$500,000 in Hanoi, according to Madhu Raghunath, leader of the WB’s Program for Sustainable Development.

Hanoi - Vietnam’s economic growth this year is expected to hit 6 per cent, lower than was forecast in June, according to the World Bank (WB) report on East Asia and Pacific economies, released yesterday.