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World Bank

Vietnam issues first-ever Public Sector Accounting Standards

HCMC – Vietnam has launched the first set of Public Sector Accounting Standards (VPSASs) in full compliance with the International Public Sector Accounting Standards. The...

Digital technology expected to earn US$74 billion for Vietnam by 2030

HCMC – Digital technology if optimized can bring more than VND1.73 quadrillion (US$74 billion) to Vietnam by 2030, equivalent to 27% of the country’s...

WB maintains Vietnam’s 2021 GDP growth forecast at 4.8%

HCMC – The World Bank (WB), in a report released on September 28, maintained its forecast over Vietnam’s gross domestic product (GDP) growth this...

Bailout for corporate sector: In need of new measures, urgent implementation

Although all the current possible resources are being devoted to the pandemic fighting, support for the corporate sector is also urgent. Aside from maintaining...

Vietnam’s economy predicted to expand by 4.8% in 2021: WB

HCMC – Vietnam’s gross domestic product is expected to grow by about 4.8% in 2021, although it posted a robust economic performance in the...

Hanoi looks to further cooperation in infrastructure development with WB

HCMC – Hanoi City needs to mobilize resources to develop its infrastructure system given its fast urbanization, Vuong Dinh Hue, secretary of the municipal...

Covid-19 underlines importance of digitalization: EU Ambassador

HCMC – The Covid-19 pandemic has highlighted the growing importance of digitalization, Giorgio Aliberti, EU Ambassador to Vietnam, observed while addressing the opening session...

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