Vietnam prioritizes strengthening ties with the WB
Party General Secretary and State President To Lam meets with WB President Ajay Banga in New York on September 25.
WB forecasts 2023 growth of 6.3%
Vietnam’s growth to be moderate due to slowing export demand.
WB offers advice on recovering economic growth
The World Bank (WB) has recommended that Vietnam continue to deploy resources to minimize the adverse social impacts from the pandemic and address the risks to growth.
WB: Use fiscal policy to boost domestic demand
The World Bank (WB) has recommended that in order to boost the economy, the government needs to use fiscal policy to boost domestic demand in the short term by speeding up the disbursement of public investment capital.
Capital market to receive assistance
The International Finance Corporation (IFC), the World Bank (WB), and the Australian Government have worked together to attract investors and diversify capital sources to support the development of Vietnam’s stock market, help enterprises maintain business activities, and push economic growth post-pandemic. Measures focus on addressing barriers to foreign investor access.