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World Bank Group

TLG and IFC sign advisory agreement on sustainable rice supply chain

TLG and IFC sign advisory agreement on sustainable rice supply chain

A An Food JSC signed an advisory agreement on the establishment of a sustainable rice supply chain with the International Finance Corporation (IFC), a member of the World Bank Group Tuesday. 
Foreign banks confident and committed to VNs economy

Foreign banks confident and committed to VN's economy

International Finance Corporation (IFC) announced yesterday they have granted a US$70 million loan to Vietnamese Indo Trans Logistics Corporation (ITL Corp). 
IFC and Ha Noi sign new-generation FDI strategy agreement

IFC and Ha Noi sign new-generation FDI strategy agreement

International Finance Corporation signed a memorandum of understanding with Ha Noi to support its efforts to attract new-generation foreign direct investment.
Database of Vietnamese manufacturing and support industries launched

Database of Vietnamese manufacturing and support industries launched

The Ministry of Industry and Trade in partnership with the International Finance Corporation (IFC) – a member of the World Bank Group – Australian Department of Foreign Affairs and Trade (DFAT) and the Swiss State Secretariat for Economic Affairs (SECO)...
BIM Land to get 87.5m from IFC to develop tourism in Viet Nam and Lao PDR

BIM Land to get $87.5m from IFC to develop tourism in Viet Nam and Lao PDR

BIM Land Joint Stock Company, a property developer under BIM Group, has reached an agreement with International Finance Corporation (IFC), a member of the World Bank Group, for a loan of up to US$87.5 million to develop tourism infrastructure in...
Digital economy needs supporting policies: experts

Digital economy needs supporting policies: experts

The Vietnamese Government should outline policies to promote breakthrough technologies and bolster digital economic development amid the Fourth Industrial Revolution, World Bank Country Director for Viet Nam, Osmane Dione said yesterday.
World Bank arm supports green building

World Bank arm supports green building

The International Finance Corporation, a member of the World Bank Group, signed an agreement with two Vietnamese architectural universities yesterday to help them improve training quality and skilled architects and engineers for the development of green construction in Viet Nam.
Programme to support local firms

Programme to support local firms

The Viet Nam Industry Agency under the Ministry of Industry and Trade (MoIT), in partnership with International Finance Corporation (IFC), a member of the World Bank Group, officially launched Viet Nam Supplier Development Programme (SDP) in Ha Noi on Thursday.
IFC provides 15.3m for tap water use

IFC provides $15.3m for tap water use

The International Finance Corporation, a member of the World Bank Group, on Tuesday announced it will provide a loan worth US$15.3 million to DNP Water to expand the use of clean water among households in urban areas.
Viet Nam says bad debts under control

Viet Nam says bad debts under control

Nonperforming loans (NPLs) must be revolved at the earliest, especially in the banking and financial sector, in order to strengthen Viet Nam’s economy, ensure efficiency and boost effectiveness in capital allocation, a World Bank Group (WBG) official told a seminar...
WB issues blueprint for economy

WB issues blueprint for economy

The World Bank Group on Thursday released its new Country Partnership Framework (CFP) with Viet Nam, focusing on inclusive growth, investment in people, environmental sustaina-bility and good governance.  
Survey finds Vietnamese support move to full-on market economy

Survey finds Vietnamese support move to full-on market economy

Vietnamese citizens were pegging hopes on a faster transition into a full-fledged market economy, a majority saying that they vigorously supported the country''s market economy model in a survey published yesterday.
Banks quizzed over interest rates

Banks quizzed over interest rates

Lending rates have struggled to gain momentum despite lower interest rates significantly beneficial to commercial banks.
Viet Nam ranks 99th for ease of doing business

Viet Nam ranks 99th for ease of doing business

A new World Bank Group report finds that Viet Nam''s stronger investor protection and improved access to credit made doing business easier for local firms between July 2012 and June 2013.
World Bank blacklists Ha Noi company

World Bank blacklists Ha Noi company

The World Bank Group announced the debarment of Thang Long Infrastructure Development Joint Stock Company and its affiliates for 2.5 years following the company''s acknowledgement of fraudulent practices.