About 13% of households in a panel of approximately 4,000 households had applied for at least one of three new Covid-19 relief programs since February, but only 2.3% of these households received any money by July/August.
A transparent legal framework will ensure a proper risk-sharing mechanism among all parties.
The merging process of Hanoi and Ho Chi Minh City stock exchanges into the Vietnam Stock Exchange continues to be a priority in the coming time.
Close attention should be on the capacity of the Vietnamese economy to firm up its recovery from the coronavirus crisis, noted the World Bank.
Vietnam seeks the World Bank’s support in the fields of renewable energy and electrification in remote areas.
Despite high economic openness and growing global uncertainties, Vietnam’s economy still maintains its resilience and is on track for a V-shaped recovery, stated economist Nguyen Minh Phong.
In the East Asian and Pacific region, Vietnam ranked third after China and the Philippines.
Vietnam is expected to reduce 10.3 million tons of carbon dioxide emissions from six North Central provinces to receive US$51.5 million from World Bank’s Forest Carbon Partnership Facility.
Each year, an average of US$852 million – or 0.5% of GDP – and 316,000 jobs in key economic sectors are at risk from riverine and coastal flooding.
Under growing uncertainties in both the domestic and international contexts, greater attention should be paid to mitigating risks facing public finance and the financial sector, stated the World Bank.