The WB highlights a series of challenges, the banking system must enhance resilience

The WB highlights a series of challenges, the banking system must enhance resilience

VCN - Although the average Capital Adequacy Ratio (CAR) of the banking sector was at 11.4% in 2022, which was higher than the minimum safety level, the capital buffer at some large State-owned commercial banks and small private banks remains low.
Challenges persist for Vietnam"s growth: WB report

Challenges persist for Vietnam"s growth: WB report

Vietnam's economic growth continued to face challenges which were seen in a slowdown in industrial production and declining exports due to weak external demand and global uncertainties, the World Bank’s June edition on Vietnam Macro Monitoring showed.
Australia, WB extend partnership to support Vietnam"s development

Australia, WB extend partnership to support Vietnam"s development

The Australian Government and the World Bank (WB) have formally agreed to extend their partnership in support of Vietnam’s sustainable and inclusive development agenda.
Risk management should be applied in many areas

Risk management should be applied in many areas

VCN - The 2022 Business Law Flow Report of the Vietnam Confederation of Commerce and Industry (VCCI) analyzed and managed risks expressed in the classification of management objects based on the level of compliance with the law evaluated according to the
Central bank must keep a close on financial market: WB

Central bank must keep a close on financial market: WB

The State Bank of Vietnam must step up efforts in the management of the country's banking sector and prepare for all possible scenarios for timely and effective interventions, according to the World Bank (WB).
WB economist points to Vietnam’s growth drivers

WB economist points to Vietnam’s growth drivers

Vietnam’s strong economic performance in 2022 has been driven by several factors, including export, domestic demand and private investment, according to Andrea Coppola, the World Bank (WB)’s lead economist.
Vietnam’s economy registers strong growth in Q3: WB

Vietnam’s economy registers strong growth in Q3: WB

Vietnam’s GDP grew by 13.7% year-on-year in the third quarter of this year and 8.9% over the first three quarters, according to a report released by the World Bank (WB) on October 20.
Vietnam’s economy to expand 7.2% in 2022: WB

Vietnam’s economy to expand 7.2% in 2022: WB

Vietnam’s economy is expected to grow by 7.2% in 2022, on the back of a strong rebound in domestic demand and continued solid performance by export-oriented manufacturing, according to the World Bank East Asia and Pacific Economic Update, October 2022.
Vietnam consults WB experts about National Master Planning

Vietnam consults WB experts about National Master Planning

Vietnam targets becoming a developing country with modern industry and upper middle income by 2030, and a high-income developed nation by 2045, said Minister of Planning and Investment Nguyen Chi Dung.
World Bank looks to boost partnership with Việt Nam

World Bank looks to boost partnership with Việt Nam

President Nguyễn Xuân Phúc received World Bank (WB) Managing Director of Operations Axel Van Trotsenburg on Tuesday for discussions on the partnership between the country and the financial institution.
WB, FTSE Russell pledge regular coordination in upgrading Vietnam"s stock market

WB, FTSE Russell pledge regular coordination in upgrading Vietnam"s stock market

Representatives of the World Bank (WB) and FTSE Russell have committed to further supporting Vietnam to build a sustainable stock market, particularly via regularly exchange and coordination in the market upgrading matter.
Việt Nam’s economic growth driven by good recovery of sectors: WB

Việt Nam’s economic growth driven by good recovery of sectors: WB

Việt Nam’s economic growth in the first quarter of 2022 was consolidated thanks to the solid performance of export-oriented manufacturing and recovering service sector, according to the Việt Nam Macro Monitoring report recently released by the World Bank.
Vietnam to benefit most from RCEP: WB

Vietnam to benefit most from RCEP: WB

Vietnam is anticipated to enjoy the highest trade and income gains among members of Regional Comprehensive Economic Partnership (RCEP), according to a latest World Bank report.
WB: Việt Nam to get highest trade, income gains among RCEP members

WB: Việt Nam to get highest trade, income gains among RCEP members

Việt Nam is expected to register the highest trade and income gains among Regional Comprehensive Economic (RCEP) members, according to a World Bank (WB)’s working paper.
WB official optimistic about Vietnam"s 2022 GDP growth prospect

WB official optimistic about Vietnam"s 2022 GDP growth prospect

Vietnam's target of bringing its GDP growth to 6-6.5 percent in 2022 as set in the recent session of the National Assembly is entirely possible if it can effectively control the COVID-19, and improve the supply – demand balance, an official of the World Bank (WB) has said.
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