asian development bank

Update news asian development bank

Since its resumption of operations in Vietnam in 1993, the Asian Development Bank (ADB) has been part of the country’s success story.

Green shoots for economic performance prospects

Amid the current health crisis, Vietnam’s economy has shown its resilience over past months.

Modest inflation expected for 2020

Despite a four-month high in the consumer price index, Vietnam will likely be successful in reining in inflation this year thanks to a decline in oil price and public demand, as well as the government’s efforts to stabilise prices in the market.

Ensuring greater economic triumphs

Despite the negative impacts of the ongoing coronavirus pandemic, the Vietnamese economy under sturdy policies from the government will have numerous opportunities to move forwards strongly. 

Franchising landscape in Vietnam transformed by global pandemic

By now, everyone and anyone will have heard of COVID-19 and its terrible impact on society and the global economy. 

Vietnamese economy to grow despite COVID-19: ADB

Vietnam’s economic growth rate is expected to slow sharply to 4.8 per cent this year due to the impact of the COVID-19 pandemic, said a new Asian Development Bank (ADB) report released on Thursday.

 

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...

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.

 

Challenges hinder development of renewable energy

Renewable energy has emerged as one of the most preferred sectors for investment in Vietnam,but the development of such projects has been hampered by a number of challenges,  according to a survey by Grant Thornton, 

Extracting the maximum value from business performances

The Vietnamese economy has grown by 7.02 per cent in 2019, and is expected to maintain this growth momentum into 2020.

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 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.

Asian Development Bank to have new president

Masatsugu Asakawa has been unanimously elected President of the Asian Development Bank (ADB) by its Board of Governors.

 

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.

 

HCM City’s climate to worsen by 2050

Ho Chi Minh City’s climate and hydrodynamics are extreme and are expected to worsen by 2050, according to a report recently released by the Asian Development Bank (ABD).

First PPP agricultural project launched in Hau Giang

The knowledge sharing and technical assistance project for agriculture was launched in the Mekong Delta province of Hau Giang on August 19 with the debut of a public-private partnership (PPP) group for the project.

Hanoi seeks to fund urban railway project with ODA, preferential loans

The People’s Committee of Hanoi has proposed the municipal People’s Council add the urban railway project No 3 to the list of projects funded by official development assistance (ODA) and preferential loans from foreign donors.