Last updated: Sunday, January 15, 2012
A woman fans coals to heat up a cooker on the railway track in downtown Hanoi. When investment decisions are made based on corruption, it is not only the honest firms that suffer, but also the public through lower quality and higher cost works.
As Vietnam sits on the cusp of becoming a middle income country, reflections on achievements...
Last updated: Friday, January 13, 2012
Vietnam signaled that it may cut policy interest rates to “more suitable” levels after the first quarter and weaken the dong this year as Asia’s fastest inflation eases.
“The central bank will adjust policy rates to more suitable levels, aiming to help ease the average level of market...
Last updated: Wednesday, January 11, 2012
Vietnam will adjust policy interest rates to “more suitable” levels after the first quarter and weaken the dong as much as 3 percent this year, central bank Governor Nguyen Van Binh said.
“We believe that 2012 will be a hard year, a challenging year for Vietnam’s economy,” Binh...
Last updated: Thursday, December 22, 2011
The World Bank announced Tuesday it will allocate US$4.2 billion for a five-year strategy to support reforms and investments key to Vietnam’s transition to a middle-income country.
Under the Vietnam Country Partnership Strategy (CPS) for the 2012-2016 period, the funding will be given by the International...
Last updated: Friday, October 28, 2011
Vietnamese ministries will be provided with US$25 million to increase the effectiveness of public services in reducing health risks of avian flu (H5N1) to poultry and humans in 11 local provinces.
The aid will be granted by the Avian and Human Influenza Facility (AHIF) and the World Bank — and it will...
Last updated: Sunday, May 29, 2011
Vietnam is facing enormous demand for infrastructure development, the World Bank says.
The World Bank has approved a US$350 million loan to help Vietnam improve the efficiency of its public investments as part of a policy reform initative that started in 2009.
The bank said the loan will focus on strengthening the four stages...
Last updated: Monday, May 16, 2011
The central province of Ha Tinh will host the mid-year Consultative Group meeting in June
The Consultative Group (CG) for Vietnam will hold its mid-year meeting on June 9 in the north central province of Ha Tinh to discuss the country’s marcoeconomic stability, the World Bank said.
The group includes bilateral and multilateral...
Last updated: Saturday, January 22, 2011
International experts have called on Vietnam to fight land management corruption by increasing transparency
Farmer Nguyen Van Tran works on a rice field adjacent to an industrial park on the outskirts of Hanoi. Experts have called for policy reforms and transparency to reduce the...
Last updated: Sunday, March 14, 2010
PPP projects have long been championed as a solution to Vietnam’s dearth of quality infrastructure.VnnNews – The starter’s gun is poised to be fired on Vietnam’s first pilot public-private partnership project, the investment model which will address the nation’s shortage of quality infrastructure. Public-private...
Last updated: Monday, February 15, 2010
Standing by her pushcart hawking cassava cakes on Ho Chi Minh City’s Bui Thi Xuan Street, Anh laughs when she hears she is in the World Bank’s “middle income” bracket.
A view of Le Loi Street in downtown HCMC.She earns more than VND30 million (US$1,630) a year against Vietnam’s 2008 per capita income of about...
