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Vietnam joined the World Bank Group (WBG) on 21 September 1956. [1] Before the mid-1980s, Vietnam was one of the world's least developed countries.A series of economic and political reforms launched in 1986, known as Đổi Mới, caused Vietnam to experience rapid economic growth and development, becoming a lower middle-income country.
Next Eleven (N11): Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, the Philippines, Turkey, South Korea, and Vietnam – identified as having a high potential of becoming, along with the BRICS countries, among the world's largest economies in the 21st century. NACE: North Atlantic and Central Europe; NALA: North America and Latin ...
Vietnam, [e] [f] officially the Socialist Republic of Vietnam, [g] [h] is a country at the eastern edge of mainland Southeast Asia, with an area of about 331,000 square kilometres (128,000 sq mi) and a population of over 100 million, making it the world's fifteenth-most populous country.
Regions of Vietnam Topographic map of Vietnam. Vietnam is located on the eastern margin of the Indochinese peninsula and occupies about 331,211.6 square kilometres (127,881.5 sq mi), of which about 25% was under cultivation in 1987.
The World Bank Institute is the capacity development branch of the World Bank, providing learning and other capacity-building programs to member countries. The IBRD has 189 member governments, and the other institutions have between 153 and 184. [2] The institutions of the World Bank Group are all run by a board of governors meeting once a year ...
Vietnam – sovereign country located on the eastern extent of the Indochinese Peninsula in Southeast Asia. [1] It is bordered by China to the north, Laos to the northwest, Cambodia to the southwest, and the South China Sea to the east.
The World Bank has regularly failed to live up to its own policies for protecting people harmed by projects it finances. The World Bank and its private-sector lending arm, the International Finance Corp., have financed governments and companies accused of human rights violations such as rape, murder and torture.
In the 1990s, following the lifting of the US veto on multilateral loans to the country, Vietnam became a member of the World Bank, the International Monetary Fund (IMF), and the Asian Development Bank. The country has expanded trade with its East Asian neighbors as well as with countries in Western Europe and North America.