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Loan policy a true juggling act

The health crisis has led to huge demand for capital for Vietnam to fuel domestic production activities and medical treatment. 

Economic growth slows as GDP rate threatened

Sticky projected prospects caused by the global health crisis among  Vietnam’s key trading partners are expected to hit the domestic economy this year with the manufacturing and processing sector, one of the key growth pillars, to be hit hardest.

COVID-19, dimmed global outlook weigh on bond market

The novel coronavirus (COVID-19) pandemic and deepening global economic uncertainty are putting great pressure on Viet Nam’s local currency bond...

Economy growing against the flow

Despite serious blows from the the global health epidemic, Vietnam’s lowered economic growth this year is nevertheless expected to remain far higher than that of regional nations

ADB: COVID-19 impact cost 0.41 percent of Vietnam’s GDP

The Vietnamese GDP will sustain the ninth-largest impact from the COVID-19 among developing countries in Asia, according to the ADB.

Investment cost and construction time increased for Metro Line No.2

Ho Chi Minh City sent a proposal to the relevant ministries to increase the investment capital and construction time for a component project of Metro Line No.2.

Vietnam's PM orders ministries to study US$110 billion infrastructure investment projection

An ADB expert's projection that Vietnam will need to invest US$110 billion in infrastructure development between 2021 and 2025 has led PM Nguyen Xuan Phuc to order relevant ministries to look into it in earnest.

 

ADB offers extra funding for Vietnam to cope with coronavirus

The Asian Development Bank (ADB) has approved an extra US$2 million in aid to help Vietnam and other developing countries in the Asia–Pacific region to contain the coronavirus outbreak.

 

Vietnam needs new approaches to fund development: ADB expert

As Vietnam is estimated to need an average of US$210 billion for infrastructure per year through 2030 to meet its development targets, an ADB expert suggested the country should adopt new approaches to get the huge capital.

 

ADB's fund helps combat the spread of the novel coronavirus

The Asian Development Bank (ADB) has approved $2 million in new funding to support efforts to combat the spread of the novel coronavirus (nCoV).

ADB provides loan for 50MW solar power plant in Tay Ninh

The ADB has signed a 37.8 million-USD loan deal with TTC Energy Development Investment JSC (TTC Energy) to provide long-term financing to develop and operate a 50-MW photovoltaic solar power plant in Tay Ninh.

ADB agrees US$38M finance package to solar power project in Vietnam

The project will serve the energy demand of residents and businesses of Ho Chi Minh City and its surrounding areas.

ADB affirms economic growth potential of Vietnam

The Asian Development Bank has revised up its forecast of Vietnam’s GDP growth for 2019 and 20202 from 6.8 percent to 6.9 percent and 6.7 percent to 6.8 percent, respectively, in contrary with projections for Asia.

ADB trims growth forecasts as Asia's biggest economies slow

The Asian Development Bank (ADB) has trimmed its forecasts for economic growth in developing Asia this year and next year as growth inChina and India is weighed down by both external and domestic factors.

 

Vietnamese Deputy PM addresses conference on anti-corruption initiative

 Deputy PM Truong Hoa Binh delivered a keynote speech at a high-level session of the 10th Regional Conference of the Anti-Corruption Initiative for Asia-Pacific in Hanoi on December 6.

VN bond market reaches US$55 billion in nine months

Vietnam continued to have the smallest local currency (LCY) bond market in emerging East Asia, with outstanding bonds of VND1.2777 quadrillion (US$55.1 billion) at the end of September.

Vietnam’s bond market grows 1.9% in Jan-Sep, reaching US$55 billion

This expansion was due mainly to a 4% on-quarter growth in government bonds to US$51 billion as the central bank increased issuance of bills.

ADB expert identifies ways to make HCMC a financial hub

An expert at the Asian Development Bank (ADB) has recommended several ways to help transform HCMC into a financial center.

 

Building credit: How SOEs can get foreign financing for infrastructure

State-owned enterprises (SOEs) face unique challenges when it comes to attracting foreign financing for infrastructure projects. But there are solutions.

 

To develop Vietnam's supporting industries

The supporting industries are having fresh opportunities amid the inflow of foreign capital and orders into Vietnam. However, local enterprises have to overcome multiple challenges to be able to take advantage of such opportunities.