(VEN) - Ousmane Dione, Country Director for the World Bank (WB) in Vietnam, shared his views on the Vietnamese economy with Vietnam Economic News’ Nguyen Huong. He said he was impressed by Vietnam’s economic development and believes the country would achieve even greater success if it accelerated reforms. Ousmane Dione, Country Director for the World Bank (WB) in Vietnam In a recent semiannual report on Vietnam’s economic development, the WB forecast Vietnam could realize its economic growth target of 6.8 percent for 2018. What impresses you about the growth of the Vietnamese economy? The results Vietnam achieved in 2018 were impressive in the context of hard-to-predict changes in the global economy. In our semiannual report on the Vietnamese economy in the first half of 2018, our growth forecast for Vietnam was 6.3 percent. However, we had raised this forecast to 6.8 percent, while maintaining our forecast for new emerging economies in East Asia and … [Read more...] about World Bank rep lauds Vietnam’s economic stability
Vietnam economic news
Vietnam attends news agencies meeting at SPIEF 2016
The Vietnam News Agency (VNA) attended a conference of world news agencies held on the sidelines of the 20th Saint Petersburg International Economic Forum (SPIEF 2016) in Russia. VNA Deputy General Director Le Duy Truyen was among representatives of 24 leading news agencies worldwide participating in the conference, including TASS of Russia, AP of the United States, ANSA of Italy, AFP of France, Canadian Press, Kyodo News of Japan, Xinhua of China, DPA of Germany, India Today and Prensa Latina of Cuba.At the conference, attendees discussed how latest technologies are confronting traditional journalism and whether artificial intelligence poses a threat to journalism.The robust development of the digital era has changed the practice of journalism worldwide. According to AP, Canadian Press and Kyodo News, many news agencies have been applying solutions for automatic data processing that enable faster production of news with higher quality.Delegates agreed that the news agencies need to … [Read more...] about Vietnam attends news agencies meeting at SPIEF 2016
Vietnam Economic Portal Brought into Operation
Vietnam Economic Portal Brought into Operation Vietnam economic portal (VNEP) has been officially brought into operation on the following website www.vnep.org.vn. The portal has been established by the Central Institute of economic Management (Ministry of Planning and Investment) with the support from Danida Project – the Embassy of Denmark. VNEP has been designed and constructed based on NET technology. The portal complies with the Standard of Web Services for Remote Portals (WSRP) announced by OASIS.. The portal has been established by the Central Institute of economic Management (Ministry of Planning and Investment) with the support from Danida Project – the Embassy of Denmark. VNEP has been designed and constructed based on NET technology. The portal complies with the Standard of Web Services for Remote Portals (WSRP) announced by OASIS. Standing Deputy Minister of Planning and Investment, Mr. Tran Dinh Khien said that VNEP consists of all function as a portal whose … [Read more...] about Vietnam Economic Portal Brought into Operation
China-Vietnam Economic Round Table
China-Vietnam Economic Round Table A Round Table was organised in Hanoi and Ho Chi Minh City for the development of economic and trade relations between Janchiang (Guangdong, China) and Vietnam. The Chinese delegation of 50 members was led by Mr Hsu Ciaohoa, Party Secretary and Mr Yuan Risheng, Deputy Mayor of Janchiang. The discussion focused on the promotion of economic and trade relations. While 16 enterprises of the two countries have concluded several agreements valued at nearly US$200 million including US$140 million for harbour project, US$30 million for Vietnamese coal and US$5.75 million for Chinese motorbikes. According to experts, Janchiang has great advantages in seaports and economic growth, an important bridge head for China-ASEAN trade. H.Ly more news … [Read more...] about China-Vietnam Economic Round Table
World Bank urges Vietnam to accelerate growth
Vietnam should strive for an economic growth rate of nine percent in the next two decades to catch up with South Korea and Taiwan and avoid the middle-income trap, according to the World Bank. The target should be archived despite the fact that Vietnam’s Gross Domestic Product (GDP) growth hit 5.7 percent over the past 20 years the second-highest in the world during that period, the government website quoted a World Bank report as saying. The report was released at a meeting Monday between Deputy Prime Minister Vu Duc Dam, chairman of the National Council for Sustainable Development and Competitiveness Improvement and Axel van Trotsenburg, World Bank's Vice President of the East Asia and Pacific Region. The meeting was held to discuss the Vietnam 2030 Report, which is expected to finish in late 2015. The National Financial Supervisory Commission forecasted that Vietnam’s economic growth rate will hit approximately 5.7-5.8 percent this year. If Vietnam maintains its present … [Read more...] about World Bank urges Vietnam to accelerate growth