WB expert: It is not necessary to iment a loose fiscal policy

WB expert: It is not necessary to iment a loose fiscal policy

VCN - According to experts from the World Bank (WB), to maintain growth momentum, it is necessary to continue institutional reform, promote public investment, and at the same time manage and monitor risks in the financial market.
Reducing the "shock" in exports, the World Bank recommends enhancing the resilience of commodities

Reducing the "shock" in exports, the World Bank recommends enhancing the resilience of commodities

VCN - World Bank (WB) experts recommend enhancing the medium-term resilience of export commodities to mitigate risks associated with external shocks.
How to develop a Make in Vietnam digital technology business?

How to develop a Make in Vietnam digital technology business?

VCN - In Vietnam's manufacturing industry, 70% of products are created using machines controlled by humans, 20% are handmade, only 9% use machines controlled by computers and less than 1% use more advanced technology such as robotics, and 3D additive manu
It is necessary to develop an independent and professional public debt management agency

It is necessary to develop an independent and professional public debt management agency

Ministry of Finance coordinated with the International Monetary Fund of the World Bank and SECO to organize a workshop on international experience in public debt management reform
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.
Vietnam makes strides in poverty reduction: World Bank

Vietnam makes strides in poverty reduction: World Bank

Vietnam has made remarkable progress in poverty reduction in the 2010 – 2020 period, with the rate of poverty declining to only 5 percent from 16.8 percent, according to the World Bank (WB).
Vietnam’s economy sees positive changes: World Bank

Vietnam’s economy sees positive changes: World Bank

Amid a protracted COVID-19 outbreak, socio-economic data in October showed the contraction has bottommed out and Vietnam's economy has made positive changes, the World Bank (WB) in Vietnam said in its Vietnam macroeconomic update for November released on November 12.
The partnership between Vietnam and the World Bank will continue to be tightened

The partnership between Vietnam and the World Bank will continue to be tightened

Minister of Finance Ho Duc Phoc had an online conference with Mrs. Manuela Ferro, World Bank Regional Vice President for East Asia and Pacific, to discuss fields of mutual interest
Vietnam forecast to grow by 4.8 percent in 2021: World Bank

Vietnam forecast to grow by 4.8 percent in 2021: World Bank

The World Bank (WB) has projected Vietnam’s GDP to expand by 4.8 percent in 2021, two percentage points lower than its previous prediction in December 2020.
Find a new approach to e-commerce business tax administration

Find a new approach to e-commerce business tax administration

VCN- We believe that this is an important issue that contributes to the concretization of the provisions of Clause 4, Article 42 of the Law on Tax Administration No. 38/2019/QH14 on the obligations of suppliers to register, declare and pay taxes.
Overseas remittances estimated at US$15.6 billion in 2020

Overseas remittances estimated at US$15.6 billion in 2020

Overseas remittances to Vietnam are projected to fall slightly from US$17 billion last year to more than US$15.6 billion this year, reported the World Bank.
Launch ceremony of Open Budget Portal

Launch ceremony of Open Budget Portal

The Minister of Finance, Ambassador of Switzerland, Operations Manager for Vietnam, East Asia and Pacific and the Acting Country Director of Development Cooperation at the Embassy of Canada clicked the button to officially operate the Open Budget Portal
Vietnam

Vietnam's economy starts growing again

VCN- According to the World Bank (WB), after being affected by social distancing in April, the Industrial Production Index (IPI) in May rebounded 11% compared to April and decreased 3% compared to May 2019.
Vietnam economy resilient to global COVID-19 crisis: World Bank

Vietnam economy resilient to global COVID-19 crisis: World Bank

While Vietnam is significantly exposed to the COVID-19 outbreak and the ongoing turbulence in the global financial markets, its economy remains resilient to external shocks in the first few months of 2020, the World Bank has said.
Vietnam’s ease of paying taxes improves: World Bank

Vietnam’s ease of paying taxes improves: World Bank

Thanks to the Government efforts to simplify tax compliance processes Vietnam ranked 109th out of 190 countries and territories on ease of paying taxes in the World Bank Doing Business 2020 report DB2020 up 22 places from the previous report
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