WB ready to help Vietnam develop transport infrastructure
The World Bank (WB) is ready to assist Vietnam in developing infrastructure system, especially transport infrastructure, WB Country Director for Vietnam Ousmane Dione told Deputy Prime Minister Trinh Dinh Dung.
Deputy Prime Minister Trinh Dinh Dung (R) receives WB Country Director for Vietnam Ousmane Dione on May 29 (Photo: VNA)
Hanoi (VNA) – The World Bank (WB) is ready to assist Vietnam in developinginfrastructure system, especially transport infrastructure, WB Country Directorfor Vietnam Ousmane Dione told Deputy Prime Minister Trinh Dinh Dung.
At their meeting in Hanoi on May 29, Deputy PMDung and officials of the Ministry of Transport and relevant ministries andagencies, and WB experts discussed solutions to mobilise resources for andeffectively implement projects to develop infrastructure, especially transportinfrastructure.
Deputy PM Dung highly evaluated the WB’s supportfor Vietnam in infrastructure and socio-economic development, which has createdfirm prerequisites for sustainable development.
The Deputy PM also appreciated the WB’sproposals which were based on leading specialists’ studies. He noted thattransport infrastructure in Vietnam has developed strongly but still has manyshortcomings, including a lack of synchronous and high-quality infrastructure,and lax connectivity and unsuitable structure of means of transport.
Expressing the WB’s readiness to support thecountry, Ousmane Dione said the WB can help the Vietnamese Government design areasonable mechanism for risk allocation in the implementation ofinfrastructure projects.
TheWB can also assist Vietnam in preparing projects, mobilise official developmentassistance for some sections of the North-South expressway, and attract privatecapital under the form of public-private partnership (PPP).
Deputy PM Dung shared WB specialists’ view onthe need for the State to share investment risks so that businesses can focuson improving project quality and investment effectiveness.
He asked the WB to continue considering inlandwaterway transport, particularly in the Mekong Delta, and rail transport inVietnam, including helping the country to prepare for a North-South expresstrain project.
Regarding the WB’s proposed technical supportfor some projects, he said with its experience, the WB will surely help Vietnampromote investment quality and effectiveness.-VNA
The World Bank (WB) wants to further its help for Vietnam in public transport development and drainage planning by 2030 with a vision towards 2050, said Ousmane Dione, WB Country Director in Vietnam.
The East Asia and Pacific region has seven of the top ten performing education systems in the world, with schools in China and Vietnam showing significant progress, according to a new report of the World Bank.
The World Bank (WB)’s experts have suggested Vietnam promptly reform its social insurance sector systematically in order to ensure the balance between collection and spending in the mid-and long-terms.
Authorities of the Mekong Delta city of Can Tho and a World Bank delegation discussed a framework programme on improving local water supply services during a working session on April 10.
Deputy Prime Minister and Foreign Minister Pham Binh Minh chaired a meeting in Hanoi on May 2 to accelerate the launch of 26 projects using loans from the World Bank and Asian Development Bank.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
Deputy Prime Minister Trinh Dinh Dung (R) receives WB Country Director for Vietnam Ousmane Dione on May 29 (Photo: VNA) 
