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Vietnam can learn from COVID-19 crisis to address its environmental and climate challenge: WB Email Hanoi, December 21, 2020 Vietnam is expected to grow by almost 3 percent in 2020 while the world economy is expected to contract at least by 4 percent amidst the biggest global shock of the past decades, according to the latest World Bank’s economic update for Vietnam “Taking Stock”. The report, released today, attributes Vietnam’s good economic performance to the resilience of both its domestic economy and external sector. Beyond the containment of the pandemic by bold, early and innovative measures, the government has also used its fiscal and monetary policies to provide breathing space to the private sector and jump start the recovery. For example, public spending started rising again after three years of fiscal consolidation. The first nine months of 2020 saw a 40 percent year-on-year increase in the disbursement of the public investment program.

Han iRepublic ofWorld bank countryWorld bankClimate changeShow vietnamCarolyn turkWorld bank country directorஹான் நான்குடியரசு ஆஃப்உலகம் வங்கி நாடுஉலகம் வங்கிகாலநிலை மாற்றம்எப்படி வியட்நாம்கரோலின் துருக்கிஉலகம் வங்கி நாடு இயக்குனர்