ADB projects Vietnam to grow 7.5% in 2022

ADB projects Vietnam to grow 7.5% in 2022

The Asian Development Bank (ADB) has revised up its economic growth forecast for Vietnam to 7.5% this year, from 6.5% as projected in September, given regional and global gloom.
Bond yields rise in emerging East Asia

Bond yields rise in emerging East Asia

VCN - According to a report by the Asian Development Bank (ADB), aggressive monetary tightening in advanced economies has pushed up bond yields and worsened the downturn of financial conditions in emerging East Asia.
State Bank’ rate hike necessary to defend VN dong, control inflation: ADB Country Director

State Bank’ rate hike necessary to defend VN dong, control inflation: ADB Country Director

ADB Country Director Andrew Jeffries has talked to the Vietnam News Agency on the recent interest rate hike by the State Bank of Vietnam in the context of the Fed, ECB and a number of countries raising their rates to curb inflation.
ADB to develop prototype for cross-border securities transaction system using blockchain

ADB to develop prototype for cross-border securities transaction system using blockchain

The Asian Development Bank (ADB) has launched a project to make cross-border securities transactions in Asia and the Pacific more efficient and secure through the use of blockchain technology.
ADB, TPB sign US$25 million loan to finance women-led SMES in Vietnam

ADB, TPB sign US$25 million loan to finance women-led SMES in Vietnam

The Asian Development Bank (ADB) signed a US$25 million loan with Tien Phong Commercial Joint Stock Bank (TPB) to expand access to finance of women-owned and led small and medium-sized enterprises (WSMEs) in Viet Nam.
Developing Asia Growth Outlook revised down  to 7.0% in 2021, 5.3% in 2022

Developing Asia Growth Outlook revised down to 7.0% in 2021, 5.3% in 2022

The Asian Development Bank (ADB) revised its economic growth outlook for developing Asia, down slightly to 7.0% this year and 5.3% next year, after renewed outbreaks of coronavirus disease (COVID-19) led to slower growth in the third quarter.
Partnership for a successful circular economy in Vietnam

Partnership for a successful circular economy in Vietnam

VCN - On 30 November 2021 in Hanoi, the Norwegian Embassy in Hanoi, its Commercial Section-Innovation Norway, the Asian Development Bank (ADB) and the Vietnam Environment Administration (VEA) under the Ministry of Natural Resources & Environment (MONRE) o
ADB, PVN cooperate to promote green energy development in Vietnam

ADB, PVN cooperate to promote green energy development in Vietnam

VCN - The Vietnam Oil and Gas Group (PVN) and the Asian Development Bank (ADB) today signed a Memorandum of Understanding (MOU) on establishing strategic partnership in the period of 2021 – 2024 to promote clean and renewable energy development as well as
Four partners pledge US$665 million to support green recovery in ASEAN

Four partners pledge US$665 million to support green recovery in ASEAN

VCN - Four partners have collectively pledged US$665 million toward a platform managed by the Asian Development Bank (ADB) that aims to mobilize an additional US$7 billion for low-carbon and climate-resilient infrastructure projects in Southeast Asia and
ADB ready to support HCM City in economic recovery: Country Director

ADB ready to support HCM City in economic recovery: Country Director

The Asian Development Bank (ADB) stands ready to provide comprehensive assistance for Ho Chi Minh City’s economic recovery in the short term, as well as its economic development in both medium and long terms.
ADB remains bullish about Vietnam’s economic prospects despite COVID-19

ADB remains bullish about Vietnam’s economic prospects despite COVID-19

Although the Vietnamese economy has been greatly affected by impacts of the COVID-19 pandemic, that has tightened the labour supply, lowered industrial output, and disrupted agricultural value chains, the Asian Development Bank (ADB) remains bullish about the country’s prospects in the medium and long term.
ADB is bullish on Vietnam

ADB is bullish on Vietnam's economic growth in medium and longer term

VCN - VCN - Viet Nam’s economic growth is expected to slow down due to a resurgence of the coronavirus pandemic (COVID-19) that has tightened the labor market, lowered industrial output, and disrupted agricultural value chains, according to the Asian Deve
Minister Hồ Đức Phớc works with ADB Vice Chairman via zoom meeting

Minister Hồ Đức Phớc works with ADB Vice Chairman via zoom meeting

VCN – The Minister of Finance Hồ Đức Phớc worked with the Vice President of Asian Development Bank (ADB) Abmed Saeed via zoom meeting on Thursday on priorities in cooperation between the two sides.
ADB funds US$60 million to improve climate resilience of infrastructure in Vietnam

ADB funds US$60 million to improve climate resilience of infrastructure in Vietnam

VCN — The Asian Development Bank (ADB) has approved a US$60 million financing package to improve the climate resilience of transport and water supply infrastructure in Viet Nam’s south-central coastal provinces of Binh Dinh and Quang Nam, especially in re
ADB revises down growth outlook for Vietnam

ADB revises down growth outlook for Vietnam

The Asian Development Bank (ADB) has lowered its forecast of Vietnam’s gross domestic product (GDP) growth in 2021 to 5.8 percent from its previous prediction of 6.7 percent in April, as the fourth wave of COVID-19 infections hampers the country's recover
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