InfoAnda - Vietnam set for middle income status: World Bank

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Tajikistan downgrades Russian language | 8 October 2009
Jerusalem flare-up after Israeli kills Palestinian | 23 September 2010
Beyonce sued by Abercrombie & Fitch over fragrance | 17 September 2009

Microsoft appeals against EU antitrust fine | | 24 May 2011

Forum Views () Forum Replies ()

Read more with google mobile : Vietnam set for middle income status: World Bank

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World Vietnam set for middle income status: World Bank AFP - Wednesday, December 23 Send IM Story Print Vietnam set for middle income status: World Bank WASHINGTON (AFP) - – The World Bank said it had approved its biggest ever loan to Vietnam as it virtually endorsed the once war-ravaged Southeast Asian nation's impending elevation to middle income status. The 500 million dollar loan was the first to the fast-growing communist country from the bank's low-interest lending arm, the International Bank for Reconstruction and Development (IBRD), which provides credit to mainly middle income nations. Vietnam has set itself a 2010 target of embracing middle-income status. Until now, World Bank support to Vietnam had come from the International Development Association (IDA), which provides interest free loans to the world's poorest countries. The newly approved loan is aimed at supporting a program of public investment reforms in Vietnam, the Washington-based bank said in a statement. "This is a significant milestone for Vietnam, a country which will have moved from the category of highly indebted country to middle income status in less than seven years," said World Bank Vice President for the East Asia and Pacific region Jim Adams. The World Bank declared Vietnam IBRD-eligible in late 2007 but the Vietnamese government has requested a gradual transition to borrowing from the bank on IBRD-only terms. It will continue to access IDA funds indefinitely. The World Bank begins to provide IBRD lending when countries hit a per capita income of 1,025 dollars for two consecutive years, virtually endorsing them as middle income level economies. International donors at a meeting in Hanoi earlier this month pledged a 33-percent increase in aid to Vietnam for next year of more than eight billion dollars. Officials said the gathering may have been the last in its current form before the country of about 86 million people officially attains middle-income status. The World Bank said its loan "is aimed at addressing" weaknesses in public investment processes highlighted during recent "macroeconomic turbulence." It is the first of two single-tranche operations that will support the country's stimulus program in response to the economic crisis, the bank said. Over the last two years, Vietnam has experienced a succession of shocks starting with massive capital inflows in 2007, a surge in commodity prices in 2008 and export declines as a result of the global economic crisis. Stimulus measures adopted in late 2008 and supplemented in early 2009 contributed to strong growth, projected to be 5.2 percent this year, the bank said. World Bank country director for Vietnam Victoria Kwakwa said the quality of Vietnams future growth would depend on reforms to beef up public investment processes. The areas to be strengthened under the reform program include environmental screening of publicly funded infrastructure projects as well as strengthening public financial management and regulatory framework for private participation in infrastructure, the bank said. Recommend Send IM Story Print Related Articles China stocks rise 0.8 pct, telecoms shares shine Reuters - 46 minutes ago No roll back of India fiscal stimulus until budget-min Reuters - 50 minutes ago Indian shares extend gains to more than 2 pct Reuters - 57 minutes ago India Maruti's new vehicle to launch on Jan 7 Reuters - 59 minutes ago Turkey - Factors to Watch on Dec 23 Reuters - 1 hour 1 minute ago News Search Top Stories OPEC warns of weak recovery for oil market US third-quarter growth revised down to 2.2% British priest defends urging people to shoplift Greece relieved by mild credit rating cut Polls darken German economic outlook More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Century-old butter found in Scott's Antarctic hut Watchmaker 'stands with Tiger' amid new cheating reports Missing Dutch teen sailor found in Caribbean US actress Brittany Murphy dies at 32 Thousands warned to flee Philippine volcano zone More Most Viewed » Tiger's wife Elin seeking divorce: reports Virgin unveils spaceship to offer space tourism Brazilian confesses to sticking needles into two-year-old Tiger Woods' girlfriend apologizes in TV interview Woods' mother-in-law rushed to hospital More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2009 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Wednesday, 23 December 2009
Ahmadinejad dismisses US deadline for nuclear deal
Grounded European flights add to travel woes
Demjanjuk trial hears of Nazi death camp horrors |
Former Bush adviser named Obama 'cyber czar'
Iran militia attack pro-reform cleric home-website
Iran militia attack pro-reform cleric's home: website |
US third-quarter growth revised down to 2.2 percent
Serbia makes 'historic' EU bid
China issues new rules on Internet domain names
British priest defends urging people to shoplift
Iran: Border spat with Iraq was misunderstanding
Mexican relatives die in likely revenge attack |
Greece relieved by mild credit rating cut
Jail term cut for man in Briton's murder in Italy |
Serbia officially submits EU membership application
Israel passes demands in prisoner swap to Hamas
Polls darken German economic outlook
French ruling party plans bill on broad burqa ban |
Egypt says no steel Gaza wall despite Hamas fears |
Egypt court upholds 4-year sentence for blogger |
Court slams Bosnia for barring Jews, Roma from office
U.S. military defends pregnancy punishment in Iraq |
Microsoft loses Word appeal, will adjust program |
CBS and Walt Disney may join Apple TV venture: report |
Montana man charged with 7th DUI
Northern Hemisphere Under Icy Grip Of Old Man Winter; Travel Delays, Severe Weather To Continue
Poll finds drop in public concern about swine flu
Teacher Runs Half Marathon Backward
Unclaimed corpses push up urban morgue body counts
Hong Kong democracy activists take a gamble
Survey: Mississippi Most Religious State
Boy, 2, dies after being bitten by family dog
New Rule Requires Airlines To Limit Tarmac Delay To 3 Hours
Pakistani court orders 2 men's noses, ears cut off
Ala. House Dem defects to GOP over policy concerns
More Americans Staying Home For Holidays
World's Best Santa weaves Hong Kong magic
FBI assisted authorities in Jackson probes
Woman Shot In Mall Parking Lot Carjacking
AZ activist agrees to community service, not jail
Teen suicide bomber kills three in Pakistan
Pa. man's belt stops bullet shot through car
Karzai orders investigation into cousin's slaying
Palin E-mail Hacker To Go On Trial
'Stripper-Mobile' Plans Nationwide Tour
China denies aid package, Uighur expulsions linked
No Senate Run Next Year For America's Mayor
Fears Thailand will deport 4,000 Hmong to Laos
SKorea to repatriate 7 NKorean fishermen
Ga. centenarian voter lauded by Obama dies at 107
Century-Old Obama Honoree Dies
Protesters burn flag as Taiwan and China sign deals
China expands Internet controls
Taiwan jobless rate down in November
Chinese-led group initials deal for Iraq oil field
France urges mutual respect with China after spat
Snoopy named top dog in U.S. pop culture |
Pete Doherty charged with heroin possession |
Coroner looking into Brittany Murphy leak
Taylor Swift, Beyonce to perform at Grammy Awards |
Rage Against the Machine humbles Simon Cowell
Gehry-designed theater set for 2012 opening in NYC
Pete Doherty charged with heroin possession
Arnold Stang, actor known for nerdy roles, dies
Rolling Stone's Wood gets British police warning
`Survivor' winner: Quitting job for show a gamble
Medieval `mourners' to leave France for US tour
At Jersey shore, thumbs down for 'Jersey Shore'
Britain's Christmas parties hit by recession
US reacts cautiously to new Afghanistan cabinet
Drug gang revenge attack kills Mexico marine's family |
US-TECH Summary
OPEC warns of weak recovery for oil market
Saudi says 73 soldiers slain in war on Yemen rebels
US third-quarter growth revised down to 2.2 percent
Shoppers were online, not at malls, last weekend
Ronnie Wood Cautioned Over Girlfriend's Assault
Cleveland Entertaiment Shareholders Awarded $1.8 Million In Lawsuit Over Meat Loaf Album
U.S. military defends pregnancy punishment in Iraq
Honduras' Zelaya stuck in embassy for Christmas |
Israel passes demands in prisoner swap to Hamas
Colombia says rebels murder kidnapped governor |
Israel wants Shalit freed, but not at "any price"
NATO will 'stay the course' in Afghanistan: chief
Philippines declares holiday truce with Maoist rebels |
U.N. council set to slap sanctions on Eritrea |
Argentine judge asks China arrests over Falun Gong |
Japan wants more time for US base decision: State Department
Pakistan to release 100 Indian fishermen
Brazil court rules for US father in custody feud
Rumbling Philippine volcano shoots huge ash column
Top SC prosecutor, others probing health care deal
Drug test row could doom Pacquiao-Mayweather fight
WWII sinking of Australian hospital ship 'unclear'
Outage cripples BlackBerry Americas network |
Guinea junta should be 'held to account': US
Microsoft loses Word appeal, will adjust program |
Hanoi's 'tube' dwellers vow to stay in ancient quarter
Del. police: Pediatrician sexually abused patients
Leading China dissident goes on trial
Dems, White House predict success on health care
Shoppers were online, not at malls, last weekend |
APNewsBreak: LA monsignor called before grand jury
SKorea repatriates 7 NKorean fishermen
US military deaths in Iraq war at 4,370
China executes another gang boss in crackdown
Holiday storm could snarl travel in West, Midwest
China opens trial of leading dissident Liu Xiaobo
Yellowstone bison conservation program in limbo
Ex-Mich. teacher convicted of having sex with boy
Seoul shares gain 0.4 pct helped by exporters
PAKISTAN
China hits back after EU extends shoe taxes
Vietnam set for middle income status: World Bank
Seoul apartment prices up 23.7 pct in 9 mths -govt
Korea Hot Stocks
Seoul shares rise on tech exporters; banks lag
Hollywood's domestic box office tops $10 billion
US says copyright piracy in China still 'high'
Taiwan dollar flat; dealers watch exporters
Japan markets closed for holiday
Oscar campaigning gets downsized |
Simon Cowell will leave American Idol: report |
FBI's Michael Jackson files reveal stalker details |
Aerosmith singer Steven Tyler back in rehab |
Oscar campaigning gets downsized
DVD industry down, but not downbeat |
Christmas becomes a battleground in some US towns
Rapper Kid Cudi held at gunpoint by LAPD |
Department Of Agriculture Sued Over Logging In Alaska Forest
Sri Lanka's tsunami recovery dogged by graft, delays
Rapper T.I. released from prison early |
Higher Home Sales, Dollar Perk Up Stocks
Ricky Gervais brings animated TV comedy to U.S. |
High Unemployment To Remain As Jobless Re-enter Job Market
Atlanta rapper T.I. released from Arkansas prison
Rapper T.I. released from prison early
Bill Cosby named Marian Anderson Award winner
'Mister Ed' actress Connie Hines dies at age 79
Ricky Gervais brings animated TV comedy to US
Hollywood's domestic box office tops $10 billion
Simon Cowell will leave "American Idol": report
35437282898562626475892888
Iraqi police: Gunmen storm checkpoint, kill 4
Controlling the TV with a wave of the hand
Iran forces clash with cleric's mourners: websites |
Iran forces clash with cleric's mourners
Oil prices rise before US inventory data
Philippine volcano rumbles, eruption seen soon |
Pakistan orders security for media after attack |
Iran police 'clash with mourners, 50 arrested'
Two killed in bid to foil execution in Iran: report |
Palestinians say Bethlehem wall spoils Christmas |
Iran police 'clash with Montazeri mourners'
Iraq chases many for corruption, catches few |
Iran security forces clash with protesters in Isfahan
Afghan senator killed at police checkpoint
Harassed Nestle halts Zimbabwe operations |
Navies too stretched on piracy in Indian Ocean: UK |
Plane slips off UK runway, two killed in bus crash |
Afghan member of parliament killed by police
Frozen lake leads to tragedy for California family
Pakistan Taliban say fighters going to Afghanistan
US warns Iran to meet nuclear deadline
Weapons-carrying cargo plane headed for Sri Lanka
Balloon Boy parents face sentencing in Colorado
Weapons-carrying plane headed for Sri Lanka
Pain before gain in health care overhaul
Verdict for Chinese dissident due Friday
Abortion looms as possible health bill deal killer
Thailand firm on returning 4,000 Hmong to Laos
People 'fleeing for their lives' in Australian fires
SKorea repatriates 7 NKorean fishermen
Shooting leaves 2 Wash. deputies badly hurt
Japan emperor turns 76, concerned over financial crisis
Flight misses Jamaica runway; no injuries reported
China steps up reform of pension system: govt
AP NewsAlert
S.Korea bonds rebound, but foreigners keep selling
China negotiator: Taiwan trade pact "long process"
Taiwan unveils Asia's biggest solar plant: govt
Ex-HSBC executive jailed in Hong Kong over bribe
Russia to deliver 20 MiG fighters to Myanmar: report
Hyundai Motor workers vote on deal to avoid strike
New Zealand economy grows at snail pace in Q3
Two killed in Indonesia building collapse
Golden Globes party circuit requires some planning |
Sherlock takes on Avatar at holiday box office |
"Sherlock" takes on "Avatar" at holiday box office
'The Christmas Song' turns 65
Golden Globes party circuit requires some planning
DVD industry down, but not downbeat
Rapper Kid Cudi held at gunpoint by LAPD
Reports: Aerosmith's Tyler enters rehab
Terrorist attack feared after Jackson arrest
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01