Tag: World Bank Vietnam

According to World Bank Division Director for Vietnam, Cambodia, and the Lao PDR, Ms. Mariam J. Sherman, Vietnam stands at a watershed moment following the adoption of Resolution 19-NQ/TW on renewing Vietnam’s development model in July 2026.

This includes roughly $595 million in loans from the World Bank (WB) and approximately $125 million in local counterpart funding.

The primary objective is to develop an integrated infrastructure system capable of resisting climate change in the province's central urban hubs.

Party General Secretary and State President To Lam meets with WB President Ajay Banga in New York on September 25.

Vietnam’s poverty rate is falling but there remain inequalities in various regards that must be addressed on the journey to becoming an upper-middle and high-income country.