The World Bank (WB)’s Board of Executive Directors this morning approved a loan of US$150 million for the Third Economic Management and Competitiveness development policy operation.
The loan aims to support the Vietnamese Government to intensify some reform priorities in socioeconomic development plans.
According to WB, Vietnamese economy restructuring has continuously progressed in many important fields such as banking reform, state own enterprise management and business environment improvement for the last five years.
Other news
Digital banking an option for quality human resource
Reference exchange rate down on February 22
Dollar exchange rate has risen by nearly 1 percent this year
US dollar exchange rate makes record high in Vietnam
SSI: Mobilizing interest rates unlikely to drop
Vietcombank among 30 strongest banks in Asia-Pacific
Cash withdrawal limit in foreign countries set at VND30 million
HDBank supports VND 3trillion for solar power projects in three provinces
PvcomBank & TNA sign comprehensive cooperation
Most view
Development of logistics industry needs outstanding mechanism, policy support
Ho Chi Minh City has just approved and issued a project to develop the logistics industry in the city until 2025, with a vision to 2030 to develop logistics to become a key service industry of the city, account for an increasingly high proportion in the structure of the gross regional domestic product (GRDP), thereby, helping the city to improve the role of the hub for domestic goods exchange and connection with the international market, contributing to reducing the rate of national logistics costs against the national GDP.
HCMC announces one-day break on Hung Kings’ death anniversary
Vietnam to adopt “vaccine passports” for three groups of people
HCM City receives US$1.45 billion of remittances in Q1
Thu Duc City has to be granted special mechanisms for its adequate conditions
Economy
Vietnam's forestry export reaches over US$13 billion in 2020
Minister of Agriculture and Rural Development Nguyen Xuan Cuong yesterday hosted a summary conference for the forestry sector in 2020, setting the target of US$14 billion export turnover from wood and forest products in 2021.
Durian, pomelo, passion fruit in row to be exported to China
Vietnam expects to widen export of agricultural products to China
Vietnamese rice more pricey than Thai rice
674 Vietnamese seafood enterprises eligible to export to Taiwan (China)
Self - introduction
SHTP produces high-quality products from research results
SHTPLabs, a member of Saigon Hi-tech Park (located in Ho Chi Minh City), has continuously launched new products of companies in the site to the market. This has proved the effectiveness of a strong connection between research centers and related businesses in the commercialization process.
Vietnam a strategic destination for Samsung’s R&D activities
Ben Tre starts building complex of green skin pomelo purchasing, processing
Rubber companies set cautious profit targets this year
Construction of US$115 million high-tech dairy farm starts in An Giang
Stock market
Newly-opened securities accounts set historic record in March
According to the Vietnam Securities Depository (VSD), domestic individual investors set a new record with newly-opened securities accounts hitting 113,191 in March, a double increase over the same period of February.
