January 21, 2012
The Asia Development Bank (ADB) on Tuesday signed a US$24.8 million support agreement to foster Vietnam’s "inclusive growth" and thus aid further poverty reduction in the country, the bank said in a press release. Through the support agreement, ADB will provide parallel financing to the Poverty Reduction Support Credit framework supported by a number of development [...]
Tags: development, economic, Economic growth, Economic Growth And, efforts, growth, Inclusive, Inclusive Growth, Macroeconomic, percent, Poverty, Poverty Reduction, Press Release, Promote Economic, Promote Economic Growth, reduction, reforms, release, Socioeconomic Development, support, Support Agreement, The Macroeconomic, The Poverty, The vietnamese, The Vietnamese Government, Vietnam, Vietnamese Government
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January 16, 2012
The World Bank agreed Thursday to lend US$ 973.5 million to Vietnam for three poverty reduction and infrastructure projects. The projects are the $613.5-million Da Nang – Quang Ngai Expressway, $210-million Medium Cities Development project, and the $150-million 10th Poverty Reduction Support Credit. “It is the first time that the World Bank is financing an [...]
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January 2, 2012
Vietnam will find it difficult to sustain into the new year the trade deficit reduction that it managed in 2011, given that it plans to reduce import tariffs on many products and that the ongoing global recession could hurt its exports, experts say. Vietnam’s trade deficit narrowed to US$9.5 billion from $12.4 billion in [...]
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November 24, 2011
The supercommittee's failure will trigger automatic cuts in the defence budget and domestic spending. Photograph: J Scott Applewhite/AP It took a fictional jury of “12 Angry Men” 96 minutes to agree on a verdict of not guilty. It took “12 good people,” as supercommittee co-chairman Jeb Hensarling referred to them, three months and countless hours [...]
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October 1, 2011
The twelve members of the Congressional Super Committee, six Democrats and six Republicans, gather for opening remarks. Democrats want tax hikes to be the first item negotiated in "super committee" deficit-reduction talks, trying to force Republicans to confront an issue at the heart of this year’s budget fights, sources told Reuters. The tough stance by [...]
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August 8, 2011
An individual income tax exemption for those earning less than VND9 million a month has been approved The National Assembly Saturday agreed to cut a variety of taxes as proposed by the government in an attempt to boost the economy. The tax measures, passed by 82 precent of the NA members, include an individual income [...]
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August 7, 2011
The United States and the world struggled to come to grips with the first-ever US credit rating downgrade, as Washington is held to account for months of political acrimony and years of swelling US debt. The White House has called for an end to the political gridlock blamed for the first-ever US credit rating downgrade [...]
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July 4, 2011
The European Delegation said it will support Vietnam's poverty reduction efforts. The European Delegation to Vietnam has announced a total of 29 million euros (US$41 million) in grants to support poverty reduction efforts in Vietnam. Of this grant, 17 million euros will be used as the final installment of the European Poverty Reduction Support Program, a [...]
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May 3, 2011
A bridge in the mountainous province of Lao Cai built under a government program to reduce poverty The World Bank said it has approved additional finance of US$50 million for Vietnam to help the country reduce poverty among disadvantaged groups. The interest-free credit is the latest in a series of three policy operations which have [...]
Tags: development, Poverty, Poverty Reduction, program, Reduce Poverty, reduction, The world, The World Bank, Vietnam, world, World Bank
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January 25, 2010
EU countries support program for rural water supply and sanitation; Egypt’s investment minister pays visit; Slovakian Speaker to visit; Vietnam kicks off preparations to host World Economic Forum EU countries support program for rural water supply and sanitation The UK Department for International Development (DFID), the Embassy of Denmark, and the Embassy of the Kingdom [...]
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