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WB raises forecast for Vietnam's economic growth to 6.8 per cent

Vietnam's economy is forecasted to expand by 6.8 percent in 2018 before moderating to 6.6 percent in 2019 as capacity constraints become more binding, according to World Bank.

Conflicted projection of Vietnam economy in 2018

In spite of the general positive medium-term prospect, significant challenges still remain to hover Vietnam's attempts on securing a sustainable growth this year.

Nine million people are still living under extreme poverty in Vietnam

Although the effort to reduce poverty in Vietnam has been considerably effective, nine million people are still living under extreme poverty, according to World Bank.

World Bank assesses impacts of CPTPP on Vietnam’s economy

According to international organizations, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) would bring huge economic benefits to Vietnam.

Paradox of Vietnam’s logistics: High costs but low quality

Vietnam's logistics industry has the potential to become a key economic sector; however, after 40 years of operation, it still shows many weaknesses.

World Bank launched a report on accounting and auditing standards in Vietnam

A number of recommendations have been made to establish a sound financial reporting institutional framework and improve understanding of high quality corporate financial reporting and auditing.

WB Country Director: Productivity growth named momentum for economic development

Vietnam Development Forum (VDF) held in Hanoi today focused on productivity growth, a key requirement for Vietnam's medium-term development prospects.

WB raises its forecast for Vietnam's 2017 GDP growth to 6.7 per cent

Economic growth of Vietnam in 2017 is anticipated 0.5 per cent higher than the previous forecast (6.2 per cent).

World Bank strongly commits to support Vietnam to address challenges of rapid urbanization and climate change

During the first visit to Vietnam, World Bank Vice President for Sustainable Development, Laura Tuck reaffirmed the World Bank Group’s continued support for Vietnam as the country addresses the challenges of rapid urbanization and the impacts of climate change.

IFC lends VIB US$185 million to develop SMEs and strengthen housing segment

The financing package of International Finance Corporation (IFC) aims to address two key development challenges in Vietnam - the financing gap faced by micro, small and medium enterprises (SMEs) and the lack of affordable housing.

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