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World Bank to lend Vietnam $321 mln for development programs

World Bank to lend Vietnam $321 mln for development programs

The World Bank has approved loans worth $321.5 million to Vietnam for two programs to support economic recovery and improve urban governance.
Da Nang to outline regional finance center project

Da Nang to outline regional finance center project

Prime Minister Nguyen Xuan Phuc has allowed Da Nang City to draw up a project that would turn it into a regional-level finance center.
March 21, 2021 | 09:30 am GMT+7
Hanoi Party chief sets out to right environmental wrongs

Hanoi Party chief sets out to right environmental wrongs

Hanoi will focus on resolving environmental issues this year, particularly the controversial Nam Son waste treatment complex and low tree cover.
January 15, 2021 | 09:00 am GMT+7
Vietnam calls for new global paradigm for development

Vietnam calls for new global paradigm for development

Prime Minister Nguyen Xuan Phuc on Sunday called on the G20 nations to create a new foundation for development to overcome global challenges and bridge developmental gaps.
November 23, 2020 | 11:13 am GMT+7
Vietnam shows significant progress among Asia-Pacific digital societies: report

Vietnam shows significant progress among Asia-Pacific digital societies: report

Vietnam led in digital development from 2016 to 2019 among Asia-Pacific countries, recent analysis showed.
November 05, 2020 | 08:02 am GMT+7
Rapid growth could cost Vietnam's coast dear: World Bank

Rapid growth could cost Vietnam's coast dear: World Bank

Rapid urbanization and economic development can intensify natural disaster risks for Vietnam's coastline and wipe billions of dollars off its economic growth over the next decade.
October 24, 2020 | 07:55 am GMT+7
Vietnamese women high fliers do their bit for homeland

Vietnamese women high fliers do their bit for homeland

Vietnamese women have successful careers in foreign countries but a piece of their heart remains in their homeland and are happy to contribute to its development.
October 23, 2020 | 06:30 pm GMT+7
HCMC aims to become world financial hub: chairman

HCMC aims to become world financial hub: chairman

Chairman Nguyen Thanh Phong has proposed that HCMC be turned into a world financial hub, using its infrastructure, economic growth and investment environment.
August 25, 2020 | 09:00 pm GMT+7
Vietnam needs to choose the path less traveled

Vietnam needs to choose the path less traveled

In copying other countries' development mistakes, Vietnam has paid a heavy price for not deploying due foresight. Now, we cannot ignore hindsight wisdom.
January 26, 2020 | 07:27 am GMT+7
Low budget retention rate stunts Saigon development

Low budget retention rate stunts Saigon development

A major roadblock to development, inappropriate budget retention is preventing financial hub HCMC from addressing traffic jams and lack of schools.
December 20, 2019 | 03:30 pm GMT+7
Hue set to achieve federal city status by 2025

Hue set to achieve federal city status by 2025

Hue, Vietnam's former imperial capital, will become the country's sixth centrally-managed city by 2025, alongside Hanoi, HCMC, Hai Phong, Da Nang and Can Tho.
December 15, 2019 | 06:42 pm GMT+7
Textile sector stuck at bottom of value chain

Textile sector stuck at bottom of value chain

The textile industry, Vietnam's key exporter, faces hurdles to further development since it is stuck in the low-value segment of the supply chain.
October 19, 2019 | 12:48 pm GMT+7
PM calls for focus on technology to beat middle-income trap

PM calls for focus on technology to beat middle-income trap

Prime Minister Nguyen Xuan Phuc believes Vietnam should switch its focus to technological innovation since resources and cheap labor are no longer its advantages.
May 10, 2019 | 01:00 pm GMT+7
HCMC will stagnate without new roads, transport minister warns

HCMC will stagnate without new roads, transport minister warns

HCMC should make haste in building new ring roads and expressways, or it cannot develop further, the transport minister says.
April 13, 2019 | 02:00 pm GMT+7
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