Update news ADB

ADB projects 6% GDP growth for Vietnam next year

The Asian Development Bank (ADB) has made its GDP growth forecast for Vietnam in 2024, projecting the rate to remain at 6.0%, according to the Asian Development Outlook (ADO) released on December 13.

Vietnam’s local bond market hits US$109 billion: ADB

Vietnam’s government bond yields climbed across all tenors for September 1 - November 10 driven by a rise in inflation and the US Federal Reserve’s decision to keep interest rates high for an extended period.

ADB, Switzerland aid fintech development in Vietnam

The Asian Development Bank and the State Bank of Vietnam held a kick-off ceremony marking the implementation of the Swiss-funded $5mil technical assistance, which aims to nurture financial technologies serving financial inclusion improvement in VN.

Vietnamese economy remains resilient despite weak external environment: ADB

Despite the weak external environment, the Vietnamese economy remains resilient, and recovery is expected to pick up in the near term, said Asian Development Bank (ADB) Country Director for Vietnam Shantanu Chakraborty.

ADB commits to accompanying Vietnam's development: country director

The Asian Development Bank (ADB) is committed to quickly and effectively implement its Country Partnership Strategy (CPS) for Vietnam and accompany the country in its development process.

ADB appoints new Country Director for Vietnam

The Asian Development Bank (ADB) has appointed Mr. Shantanu Chakraborty as its new Country Director for Vietnam.

ADB lowers growth forecast for Vietnam to 5.8% this year

The Asian Development Bank (ADB) has moved to revise its growth forecast for Vietnam, reducing the rate from 6.5% to 5.8% for this year, and from 6.8% to 6.2% ahead in 2024.

Vietnam’s G-bond yield curves shift downward sharply: ADB

The government bond yields in Vietnam have dropped across all tenors from March to June, resulting in the largest downward shift in the country’s bond yield curve among Asian nations, with an average decline of 136 basis points.

Vietnam’s local currency bond market up 5.1%: ADB

The local currency bond market in Vietnam grew 5.1 percent quarter-on-quarter to reach a size of VND2,626.1 trillion (US$111.9 billion) at the end of March.

ADB, Switzerland grant US$5 mln to support Vietnam improve fintech

The Asian Development Bank (ADB) and Switzerland have signed a cofinancing agreement of up to $5 million to develop financial technologies (fintech) that can help address low financial inclusion in Vietnam.

Vietnam needs to diversify markets to boost exports: ADB Country Director

In the context of uncertain global economy, the Asian Development Bank (ADB) suggested Vietnam diversify its markets to boost exports in 2023 and beyond.

ADB sets moderate 2023 growth outlook for Vietnam

Vietnam’s economy is expected to grow by 6.5 per cent this year and expand to 6.8 per cent in 2024, according to the Asian Development Bank (ADB).

ADB anticipates economic growth of 6.5% for Vietnam in 2023

The nation’s economic growth is forecast to decrease slightly at 6.5% this year before rising to 6.8% next year, according to the “Asian Development Outlook” report released by the Asian Development Bank (ADB) on April 4.

ADB doubles credit limit for SeABank to US$60 million

The Southeast Asia Commercial Joint Stock Bank (SeABank) said on April 3 that the Asian Development Bank has doubled the trade finance limit to $60 million, and increased the $5-million limit of the revolving loan for the bank to $10 million.

ADB commends Viet Nam for maintaining stable macro-economic environment in 2022

The Asian Development Bank (ADB) commends Viet Nam for maintaining a stable macro-economic environment despite all of external shocks.

ADB finances 107 million USD to develop wind power in Vietnam

The Asian Development Bank (ADB) has signed a 107 million USD financing project with BIM Wind Power Joint Stock Company (BIM Wind) to assist the operation of an 88 MW wind farm in the south central province of Ninh Thuan.

Strong performance across spheres boosts Vietnam’s economy: ADB Country Director

Country Director of the Asian Development Bank (ADB) in Vietnam Andrew Jeffries has attributed Vietnam’s economic growth in 2022 to a strong performance across sectors.

ADB raises 2022 economic growth projection for Vietnam to 7.5%

The Asian Development Bank (ADB) has raised its economic growth forecast for Vietnam this year to 7.5%, despite regional and global gloom, the bank said in a regular supplement to the Asian Development Outlook (ADO) 2022 released on December 14.

ADB pledges to support 8 projects in Central Highlands during 2023-2028

The Asian Development Bank (ADB) seeks to support eight projects in the Central Highland Region from 2023 to 2026,

ADB upbeat on Vietnamese economic recovery post COVID-19 pandemic

The Vietnamese economy has recorded an impressive recovery over the past nine months, and the Asian Development Bank (ADB) is confident of the country’s bright prospects for its medium- and long-term growth.