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.

Foreign newspapers have highlighted Vietnam’s impressive success after the World Bank (WB) forecast that its economy will lead Asia with a growth rate of 7.2% this year, up from the previous forecast of 5.3% in April.