Update news ADB

The Vietnam Electricity Group (EVN) and the French Development Agency (AFD) on March 28 signed a agreement on a non-Government guaranteed loan worth 80 million EUR (87.8 million USD).

Vietnam bond market rises to US$91.5 billion in 2021: ADB

At the end of 2021, outstanding Government bonds and corporate bonds comprised 71.3% and 28.7% of the local bond market, respectively.

Local bank raises 260 million USD in international syndicated loans

VIB has raised 260 million USD in international syndicated loans from the Asian Development Bank (ADB), United Overseas Bank Limited (UOB) and nine Asian financial institutions.

ADB lowers Vietnamese growth forecast for 2021 to 5.8%

The Asian Development Bank (ADB) has just released its growth forecast for the year, with Vietnam’s growth revised down to 5.8% from the previous figure of 6.7% put forward in April.

ADB helps boost Vietnam’s private sector development

The Asian Development Bank (ADB) has approved a 4.6 million USD technical assistance to help the Vietnamese Government to strengthen public-private partnership (PPP), private sector development, and state-owned enterprise (SOE) reform.

Information and Communications Ministry cooperates with ADB to promote Vietnam's digital transformation

The Ministry of Information and Communications (MIC) and the Asian Development Bank (ADB) have signed a Memorandum of Understanding on cooperation in developing digital government, digital economy and digital society.

Gov’t responds swiftly to COVID-19 economic impacts: ADB official

The Vietnamese Government has responded swiftly to the COVID-19 economic impacts, which was supported by strong fundamentals, thus ensuring the economy’s resilience, said Asian Development Bank (ADB) Country Director for Vietnam Andrew Jeffries.

ASEAN Plus 3 discusses increasing cooperation amid COVID-19

Finance ministers and central bank governors of ASEAN countries, Japan, China, and the Republic of Korea on May 3 convened an online conference on COVID-19 impact and ways to boost cooperation amid the pandemic.

Multiple financial risks still challenge Vietnam

Global financial markets have been negatively hit and significantly shaken by the ongoing unpredictable, relentless and complicated developments under the Covid-19 pandemic, leading to continued global financial instability.


ADB proposes smart and energy efficient city project in Can Tho

The Asian Development Bank (ADB) has proposed to implement a smart and energy efficient city project (SEECP) with total investment of more than VND1.56 trillion ($67.29 million) in the Mekong Delta city of Can Tho.

ADB raises Vietnamese GDP growth forecast to 2.3% this year

Experts from the Asian Development Bank (ADB) have revised up the nation’s GDP growth forecasts from 1.8% to 2.3% this year following the acceleration of public investment, 

Vietnam welcomes fresh FDI inflows from overseas Vietnamese

Foreign direct investment (FDI) inflows in Vietnam are set to record strong growth as the world moves past the novel coronavirus (COVID-19) epidemic, with plenty of investment coming from overseas Vietnamese, according to insiders.

Resiliency pointing to positive growth outlook

Despite the pandemic, a gradual bounce in production and confidence of businesses is expected to continue driving the economy to a brighter outlook next year.

Vietnam’s GDP to grow 2-3 percent this year: former GSO director

Vietnam’s GDP growth this year can reach 2 – 3 percent, according to former director of the General Statistics Office (GSO) Nguyen Bich Lam.

PM Phuc meets RoK’s FM and ADB Vietnam chief

Prime Minister Nguyen Xuan Phuc has urged the Republic of Korea (RoK) to reduce, remove binding conditions for official development assistance loans, concessional loans, and expand non-refundable aid to Vietnam.

Caution vital for economic resurgence

Vietnam’s economy grew 1.81 per cent in the first half of 2020

Vietnam’s bond market posts highest growth in emerging East Asia: ADB

The local currency (LCY) bond market in Vietnam posted the highest growth in the emerging East Asia region, as authorities took fiscal and monetary policy actions to mitigate the economic fallout from the coronavirus pandemic.

COVID-19-induced uncertainty affects bond markets

The COVID-19 pandemic continues to drag on local currency bond markets in emerging East Asia, including Vietnam, as investment sentiment globally and in the region wane and containment measures limit economic activity.

ADB trims Vietnam's 2020 GDP growth forecast to 4.1% on Covid-19

The country would remain the fastest growing economy in Southeast Asia, which is expected to bounce back to 6.8% in 2021.

Covid-19 highlights the need for safe, nutritious, and affordable food

Hunger and malnutrition were an increasing problem worldwide before the pandemic. Restrictions imposed to curb disease spread have disrupted local and international food supply chains, making the problem even more urgent.