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Wednesday, December 18, 2024

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World Bank

WB backs Vietnam to become high-income nation

HCMC – The World Bank (WB) has reaffirmed its commitment to supporting Vietnam in its pursuit of becoming a high-income nation by 2045. The pledge was...

WB to fund climate change combat in Mekong Delta

HCMC – The World Bank will provide loans for a VND17,759-billion (US$741 million) project to assist 10 provinces in the Mekong Delta to combat...

WB provides US$107 million to enhance waterway in Vietnam

HCMC - The World Bank (WB) has approved a loan of US$107 million to Vietnam to enhance the efficiency of inland waterways and reduce...

WB: Public investment should remain aggregate demand driver

HCMC – Vietnam should continue supporting demand through public investment, the World Bank (WB) recommended in a new report. This advice comes amid a rising...

Vietnam currency still under pressure – World Bank

HCMC – The Vietnam dong currency is still under pressure, according to the World Bank's (WB) latest macroeconomic update for May 2024. The exchange rate...

WB to provide US$11 billion for Vietnam over five years

HCMC - The World Bank (WB) has proposed lending Vietnam over US$11 billion in the next five years to fund major projects, especially large-scale...

Vietnam’s GDP to grow 5.5% this year – WB

HCMC – The World Bank (WB) has projected that Vietnam's economy will expand 5.5% this year, gradually climbing to 6% in 2025 and 6.5%...

Forest carbon credit sales revenue allocated to north-central provinces

HCMC - The Ministry of Agriculture and Rural Development has allocated 80% of the US$51.1 million earned from selling carbon credits to six provinces...

Vietnam gets US$50 million in forest carbon credits

HCMC – Vietnam has become the first country in the East Asia and Pacific region to receive results-based payments from the World Bank's Forest Carbon...

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