USAID, Partners Launch Project to Protect Key Coastal Habitats in the Mekong Delta of Vietnam
With a planned budget of up to $2.9 million provided by USAID, this three-year project aims to protect key coastal habitats in the Mekong Delta region of Vietnam to increase the sustainability of fisheries, enhance climate change adaptation, and improve biodiversity conservation.
Australia and Vietnam Working Together to Strengthen the Strategic Partnership
As a close friend and partner of Vietnam, Ambassador Mudie reaffirmed Australia’s strong support for Vietnam’s response to COVID-19 and its economic recovery.
Vietnam Receives 1,999,530 Pfizer Vaccine Doses from COVAX Delivered by the United States
This follows four previous COVAX deliveries to Vietnam totaling 7.5 million vaccine doses made available by the United States, bringing the total to 9.5 million COVID-19 vaccine doses so far, and more is planned.
US Donates More 600.000 Vaccine Doses to Vietnam
In addition to these donations of 8.1 million COVID-19 vaccine doses, the United States has committed more than $26.7 million in COVID- 19 related assistance to Vietnam since the start of the pandemic.
Vietnam Receives 1,499,940 Pfizer Vaccine Doses from COVAX
In addition to the 7.5 million vaccine doses the United States donated through the COVAX Facility, Vietnam has received 4,176,00 doses of AstraZeneca vaccine from the COVAX Facility.
World Bank, Japan Support Promoting Community based Care for the Elderly in Vietnam
It is estimated that 27,000 people in six provinces will benefit from the project’s interventions, 70% of them are elderly.
Economic Recovery in East Asia and Pacific Faces Setback
Economic activity began to slow down in the second quarter of 2021, and growth forecasts have been downgraded for most countries in the region, according to the World Bank’s East Asia and Pacific Fall 2021 Economic Update.
Standard Chartered Forecasts Vietnam’s Q4 Growth at 5.5%
GDP growth in Q3 may likely have slowed to 1.9% y/y, from 6.6% in Q2, as the pandemic hit the economy.
Strict Lockdown Dragged Down Vietnam’s Industrial Production in August, Economists Say
The strict lockdown in Viet Nam’s southern region and in Ha Noi and surrounding industrial areas, which contribute nearly 50% of the country’s GDP, dragged down the index of industrial production in August.
Vietnam’s Economy to Slow Down Due to Prolonged COVID-19 but ADB Bullish in the Medium and Longer Term
Growth picked up in the first half of 2021, largely because of higher trade volumes, but slowed down in the second half of the year as the fourth wave of the pandemic took a toll on business and the labor market.
Manuela Ferro to Become World Bank Vice President for East Asia and Pacific
Ms. Ferro brings over three decades of experience across Europe, Latin America and the Caribbean, Africa and the Middle East, and South Asia and has held several leadership positions in the World Bank.
Many Vietnam Banks not Ready for Digitalization, Researchers Say
The research revealed that in Vietnam, 72% of the banking sector sees a ‘lack of understanding of customer needs and outcomes’ as an obstacle in further developing digital tools for its customers.