World Bank Vietnam

Vietnam continues to benefit from its broad re-opening strategy, which saw a huge crowd flocking to tourist hotspots in the country and household spending rebound.

The Government is committed to taking any necessary means to stabilize the market and support its development towards transparency, safety, and sustainability.

The two sides are expected to continue working on major projects with high spillover effects, including transport infrastructure, healthcare, education, climate change resilience, and digitalization.

The city is seeking investment capital sources for ongoing transport projects, which open doors to donors such as World Bank.

A sharp rise in all major mobility indicators was thanks to the high vaccination coverage of 73% of the population.

By joining the initiative, Vietnam will have access to regional and international technical and financial solutions to increase financial protection for the country and its population in the face of disaster and climate shocks.

Vietnam’s strong macro-economic fundamentals mean the country continues to be an attractive destination for investors in the mid-and long term.

The US$221.5-million-credit is a budget support operation and comes in the form of concessional terms for a period of 30 years with a grace period of five years.

Vigilance in social distancing, testing, and quarantining is important to avoid a new wave of infections affecting lives and forcing new restrictive measures.

Positive dynamics observed in October suggest continued pickup and strengthening of growth in the coming months.