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Energy sector faces challenge of mobilizing $8 billion per annum: WB

A big challenge is how to mobilize the large investment requirements, estimated at around $8 billion annually to meet fast growing power demand, according to country director of World Bank in Vietnam Ousmane Dione.

WB approved $80 million preferential credit to boost life development project in Thai Nguyen

The Dynamic City Integrated Development Project will precisely advance over 81,000 residents of Thai Nguyen city, by decreasing travel time through improved transport connectivity and strengthening urban environmental sanitation through enhanced drainage and sewer system, specifically in flood-prone areas.

Reducing trade costs can improve Vietnam's competitiveness in the ASEAN region

While Vietnam has made great progress in reducing tariffs, there remains significant potential to reduce trade costs through rationalization of non-tariff measures or specialized controls, more efficient border management and logistics.

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.

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.

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