As Vietnam's economic center and its largest city by population, Ho Chi Minh City has grown into a metropolis and gained significant development.
Vietnam joined the World Bank Group (WBG) on 21 September 1956. 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. The World Bank (WB) has maintained a development partnership with Vietnam since 1993. , it has committed a total of US$24 billion in loans, credits, and grants to Vietnam through 165 operations and projects, 44 of which are active and comprise US$9 billion. With an estimated extreme poverty rate below 3% and a GDP growth rate of 7.1% in 2018, Vietnam's economy continues to show fundamental strength and is supported by robust domestic demand and export-oriented manufacturing.
Image 1The painting depicts the retired emperor Trần Nhân Tông who has now become a monk and returned to Hanoi from his hermitage in Vũ Lâm.
Image 2Wooden doors in the Imperial palace in Huế, Vietnam
Image 3Dong Ho painting is a line of Vietnamese folk painting originating in Đông Hồ village (Song Hồ commune, Thuận Thành District, Bắc Ninh Province.
Image 4Hanging fishing nets in the Cu Đê River, just before it merges with Da Nang Bay
Image 7Water puppetry, lit. "Making puppets dance on water") is a tradition that dates back as far as the 11th century when it originated in the villages of the Red River Delta area of northern Vietnam.
Image 5A trio of Vietnamese musicians performing together. The man on the far left plays kèn đám ma, the man in the middle plays the đàn nhị and the man on the right plays the trống chầu. (from Culture of Vietnam)
Image 1419th-century manuscript of "Mysterious tales of the Southern Realm" (Lĩnh Nam chích quái), a copy of 15th-century original tale. (from Culture of Vietnam)
Recent Comments