Vuong Quoc Nam, Vice Chairman of the Can Tho People’s Committee, held a working session with a World Bank (WB) delegation on the technical assistance programme for local public financial management reform in the Mekong delta city on August 20.

Viet Nam has launched a new project to accelerate the phaseout of ozone-depleting substances and climate-warming refrigerants under the Montreal Protocol, thereby supporting the country's transition to greener cooling technologies and its net-zero target.

Viet Nam's recent reclassification by the World Bank (WB) Group as an upper-middle-income economy marks an important milestone in the country’s development trajectory, said Mariam J. Sherman, WB Director for Viet Nam, Cambodia, and Lao PDR, noting that while the upgrade reflects Viet Nam's remarkable progress, it also brings a new set of growth challenges as the country pursues its ambition of becoming a high-income economy by 2045.

Viet Nam has earned an additional 5 million USD from the transfer of 1 million tonnes of forest-based carbon emission reductions to the World Bank, according to Deputy Director of the Department of Forestry and Forest Protection under the Ministry of Agriculture and Environment Pham Hong Luong.

Deputy Prime Minister Ho Quoc Dung on June 19 received Saroj Kumar Jha, Global Director for the World Bank Group's Water Department, and Mariam Sherman, WB Division Director for Viet Nam, Cambodia and Laos, to discuss cooperation in water security, climate resilience and sustainable development.

The recognition under HCI+ 2026 affirms Viet Nam’s efforts to place people at the centre of its development strategy, improve education and healthcare quality, strengthen links between training and the labour market, and promote inclusive and sustainable growth.

Deputy Prime Minister Tran Hong Ha on March 27 held a working session with Mariam J. Sherman, the World Bank's Division Director for Viet Nam, Cambodia and Laos, discussing measures to step up cooperation initiatives in water resources, agriculture and environmental management.

Viet Nam is among the countries most vulnerable to climate change. To respond, the Government has issued the National Climate Change Adaptation Plan for the 2021 - 2030 period, with a vision to 2050 (Decision No. 1422/QD-TTg dated November 19, 2024). However, these plans remain largely at the policy level and have yet to receive adequate investment for specific adaptation activities.

Viet Nam achieved a top-tier global ranking in operational efficiency, placing 16th among 101 economies with a score of 70.44 points in the World Bank's Business Ready 2025 report released on December 30, though challenges remain in other assessment areas.

On the afternoon of December 17, the World Bank held a conference in Can Tho City to launch its report entitled “Stay or migrate: life in Viet Nam’s Mekong Delta.”

Deputy Prime Minister Ho Duc Phoc received in Ha Noi on November 25 Carlos Felipe Jaramillo, the World Bank (WB)’s Vice President for the East Asia and Pacific (EAP) Region, during which he appreciated the WB’s support for Viet Nam in recent years.

Viet Nam has advanced in specialising its industry and services, particularly in higher value-added segments, but institutional reforms and productivity gains are vital to fully capitalise on the global supply chain shifts.

The World Bank (WB) has reaffirmed its commitment to supporting Viet Nam in mobilising diverse financial resources to implement large-scale infrastructure projects.

Viet Nam’s economy expanded by 7.5% in the first half of 2025, one of the fastest rates in the region, reflecting strong momentum despite continued global uncertainties, according to the latest Viet Nam Economic Update by the World Bank (WB), released on September 8.

The World Bank has allocated 2.5 billion USD, while the Asian Development Bank has set aside 10 billion USD to support green projects in ASEAN, said Malaysian Deputy Prime Minister Datuk Seri Fadillah Yusof.

On June 30, the Ministry of Science and Technology held a ceremony to launch the Viet Nam Science and Technology Exchange and outline development directions for the coming time.

With total investment exceeding 8.5 trillion VND (325.3 million USD), the Mekong Delta Integrated Climate Resilience and Sustainable Livelihoods Project (ICRSL or WB9) has helped improve climate resilience and sustainable livelihoods for nearly 2 million people in the region, 49% of them women, heard a workshop in Can Tho city on June 20.

The International Monetary Fund (IMF) warned that geopolitical tensions and the consequence of the global economy fragmenting will increase risks to financial stability. The instability of the global economy, the inefficient performance of major economies, high inflation and a sharp drop in investment, are also factors that restrain the growth momentum of many regions.

Themed “Cooperation in a fragmented world”, the World Economic Forum Annual Meeting 2023, opened today in Davos, Switzerland. The event attracted the attention of the international community, as it gathered global political and business elites.

Vietnam’s industrial production and retail sales slid down in October due to stalled demand at home and abroad, according to the Vietnam Macro Monitoring report released by the World Bank in Hanoi on November 16.