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
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
VNPT & SeABank cooperate to enhance connections
Draft law lifts banks’ role in e-commerce
Banks tighten lending rules
Most view
Vietnam, Singapore strengthen relationship during the COVID-19 pandemic
Vietnam and Singapore strengthen relationship amidst COVID-19 by providing assistance to each other and planning on opening borders for essential travel when time is right.
Vietnamese rice more pricey than Thai rice
Foreigners buy around 16,000 houses in last five years
Top leaders of Vietnam, Laos hold phone talks
EU announces three new cooperation program with ASEAN
Economy
Vietnamese rice more pricey than Thai rice
According to the Vietnam Food Association (VFA), Vietnam's rice price is now highest in the group of top rice exporters including Thailand, India, Pakistan and Myanmar.
674 Vietnamese seafood enterprises eligible to export to Taiwan (China)
Bac Giang earns US$300 million from lychee this year
Forestry exports reach US$5.3 billion in six months
Vietnam’s trade surplus exceeds US$4 billion in first half of 2020
Self - introduction
Vietjet President & CEO in Forbes' World 100 Most Powerful Women list
Forbes announces the World’s 100 most powerful women list with Vietjet’s President & CEO of Vietjet Ms. Nguyen Thi Phuong Thao being the only one representing Vietnam.
Flood-hit families in Khanh Hoa province supported VND 750mln from Hung Thinh Co
Hy Vong Cancer Care Center opened
Vinfast inaugurates eScooter manufacturing plant in Hai Phong
VNPT targets to be leading digital service provider in Vietnam
Stock market
Stock market in May: more challenges await
The Vietnam’s stock market started May with several negative signals, prompting investors to concern that the phenomenon ‘sell in May and go away’ will recur.
