World Bank: Global GDP to climb 2.1% in 2023

World Bank: Global GDP to climb 2.1% in 2023

(VOVWORLD) -The World Bank on Tuesday raised its 2023 global growth forecast as the US and other major economies have proven more resilient than forecast, but said higher interest rates...
Green finance for equal energy transition

Green finance for equal energy transition

(VOVWORLD) - Vietnam needs to invest an additional 6.8% of its GDP – or approximately 368 billion USD – from now until 2040 to build a climate-resilient and low-carbon economy, according to...
World Bank to tackle food insecurity in Africa

World Bank to tackle food insecurity in Africa

(VOVWORLD) - The World Bank said Wednesday it has approved a 2.3 billion USD program to help countries in eastern and southern Africa tackle food insecurity by increasing the resilience...
Vietnam’s economy sees positive signs

Vietnam’s economy sees positive signs

(VOVWORLD) - The World Bank’s update on Vietnam’s macro-economy for June says Vietnam’s economy is on a positive recovery track. Since the beginning of the year, other organizations...
Vietnam’s macro economy shows strong recovery: WB

Vietnam’s macro economy shows strong recovery: WB

(VOVWORLD) - Vietnam’s industrial production index increased by 10.4% in May, comparable to its pre-pandemic rates, suggesting strong recovery of private consumption amid heightened global uncertainties, according to...