Vietnam and the World Bank : A strong and enduring partnership : A brief annotated history = Việt Nam và Ngân hàng Thế giới : Mối quan hệ đối tác mạnh mẽ và bền lâu
The origins of the World Bank program in Vietnam have shaped its special nature. International Finance Corporation (IFC) is the private sector arm of the World Bank Group. It fosters sustainable economic growth in developing countries by financing private sector investment, mobilizing capital in the...
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| Materyal Türü: | Kitap |
| Dil: | Undetermined |
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Washington DC
World Bank
2011
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| Thư viện lưu trữ: | Trung tâm Học liệu Trường Đại học Cần Thơ |
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| Özet: | The origins of the World Bank program in Vietnam have shaped its special nature. International Finance Corporation (IFC) is the private sector arm of the World Bank Group. It fosters sustainable economic growth in developing countries by financing private sector investment, mobilizing capital in the international financial markets, and providing advisory services to businesses and governments. IFC started engaging with Vietnam in 1992 - to respond to the country's quest for foreign investment and technology transfer to transition into a market-oriented economy. IFC's first investment was in the Hanoi Sofitel Metropole Hotel in 1994. This was followed by investments in capital-intensive industries such as cement, dairy products, steel and sugar which supplied an increasingly robust domestic demand and was in line with Vietnam's natural resources. IFC also offered advice and support for establishing Vietnam's first stock exchange and equalization program. During the early 2000s, IFC played a pioneering role in developing private joint stock banks, which were in the early stage of development. IFC investment and advisory services are now strongly aligned to maximize development impacts within the World Bank Group's strategy in Vietnam. |
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