Vietnam economic recovery expected to speed up in H2: WB
Vietnam’s economy has shown signs of uneven recovery in early 2024 and economic activities are expected to firm up in the second half of this year, the World Bank says in its latest bi-annual economic update.
Economy - Tue, April 23, 2024 | 4:37 pm
WB estimates $25 bln foreign investment after Vietnam stock market upgrade
Vietnam’s stock market status upgrade from “frontier” to “emerging” by global index providers FTSE Russell and MSCI can attract international investments of $25 billion by 2030, the World Bank estimates.
Finance - Tue, April 16, 2024 | 8:50 pm
WB retains 2024 growth forecast for Vietnam at 5.5% despite Q1 surge
The World Bank has kept its growth projections for Vietnam’s GDP at 5.5% for 2024 and 6% for 2025, unchanged from its forecasts in October 2023, despite the country’s Q1 growth hitting a five-year high on a quarterly basis.
Economy - Mon, April 1, 2024 | 10:54 am
Int’l agencies outline transition pathways for Vietnam’s coal-fired power plants
International organizations and financiers have gathered in Hanoi to discuss transition options for a number of coal-fired power plants in Vietnam as the country is moving to meet its net-zero emissions target by 2050.
Energy - Fri, March 29, 2024 | 7:05 am
Vietnamese stocks can attract additional $25 bln with market status upgrade: WB
International investors can pour an additional $25 billion into Vietnam’s stock market by 2030 if its status is upgraded from frontier market to emerging market, says a World Bank expert.
Finance - Thu, February 29, 2024 | 4:13 pm
Intel, WB to help Danang with semiconductor, AI training
U.S.-based Intel Corporation and the World Bank have pledged to support the central city of Danang train residents in semiconductor and artificial intelligence (AI).
Economy - Wed, February 28, 2024 | 8:22 pm
World Bank to finance 4 railway projects in Vietnam
The World Bank plans to finance four railway projects in Vietnam, according to a Friday discussion between Vietnam’s Ministry of Transport and the bank's representatives.
Infrastructure - Sun, February 25, 2024 | 9:06 am
WB willing to finance Vietnam’s railway sector
The World Bank has surveyed and is willing to finance some railway projects in Vietnam, said Kathy Whimp, operations manager for the World Bank in Vietnam, at a Monday meeting with Deputy Minister of Transport Nguyen Danh Huy.
Finance - Wed, February 7, 2024 | 10:01 am
HCMC should become greenest place to do business in ASEAN: WB exec
A Ho Chi Minh City-World Bank working group created two years ago aims to make the city “the greenest place to do business in ASEAN,” said Carolyn Turk, the World Bank’s Vietnam country director.
Economy - Wed, January 24, 2024 | 11:12 pm
WB to invest $231 mln in southern Vietnam water improvement
The World Bank has approved a $311 million project of improving the water environment in Binh Duong province, serving 550,000 people in southern Vietnam.
Economy - Mon, January 15, 2024 | 4:59 pm
WB revises down Vietnam’s 2024 GDP growth forecast to 5.5%
Vietnam’s GDP growth could reach 5.5% in 2024 and 6% in 2024, the World Bank said in its January 2024 edition of the “Global Economic Prospects” report.
Economy - Thu, January 11, 2024 | 10:22 am
Vietnam GDP growth can reach 5-6.7% in 2024: finance institutions
Foreign organizations have expressed a positive outlook about Vietnam’s GDP growth next year on the basis that the country’s economic growth is likely to surpass 5% this year as forecast by Party General Secretary Nguyen Phu Trong.
A year in review and 2024 forecasts - Fri, December 29, 2023 | 7:00 am
Vietnam urged to extend economic support program into 2024
The Vietnamese government should consider extending the economic support program approved for the 2022-2023 period into 2024 to allow its planned investments to be fully implemented, supporting aggregate demand, the World Bank Vietnam has said in a monthly note.
Economy - Tue, December 19, 2023 | 11:11 pm
Vietnam, WB to promote projects worth $5-7 bln in next 3 years
Vietnam and the World Bank have agreed to quicken the implementation of existing projects and promote game-changing projects within the framework of the latter’s $5-7 billion loans for Vietnam in the next three years.
Economy - Mon, December 4, 2023 | 10:57 am
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No offshore wind projects in Vietnam until 2028: global council
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