adb sets moderate 2023 growth outlook for vietnam

ADB sets moderate 2023 growth outlook for Vietnam

After a strong performance last year, the Vietnamese economy can expect moderate growth of 6.5 per cent this year, followed by a slight improvement to 6.8 per cent in 2024, according to a recent economic publication from the Asian Development Bank (ADB).
asean looks towards net zero emissions

ASEAN looks towards net zero emissions

The Asian Development Bank (ADB) and ASEAN Catalytic Green Finance Facility jointly held the Southeast Asia Development Symposium themed “Imagining a net-zero ASEAN” in Indonesia’s Bali on March 30.
adb agrees on loans for important projects in can tho

ADB agrees on loans for important projects in Can Tho

The Asian Development Bank (ADB) has agreed on loans for important projects in the Mekong Delta city of Can Tho.
helping small businesses to support global supply chains

Helping small businesses to support global supply chains

The lack of credit for small- and medium-sized enterprises to participate in global trade is stifling growth and making supply chains more vulnerable.
vietnams economy steadfast amid the headwinds

Vietnam’s economy steadfast amid the headwinds

The government and people of Vietnam well deserve their achievement of the highest economic growth record in more than a decade. Despite global economic concerns, inflationary pressure, currency depreciation and other current challenges, Vietnam’s economy grew at 8.02 per cent in 2022, according to the General Statistics Office. That was higher than the government’s initial target of 6-6.5 per cent, and Vietnam remains one of the fastest-growing economies in the region.
green credit initiatives urged to push ahead development

Green credit initiatives urged to push ahead development

Given stringent domestic capital mobilisation, Vietnam’s banks are turning into international financial institutions for growth expansion, particularly to strengthen their sustainable and environmentally friendly loan portfolios.
capital roadblocks hindering nations oil and gas prospects

Capital roadblocks hindering nation’s oil and gas prospects

As the Vietnamese market continues to wait for large oil and gas projects to launch, the focus lies on small-scale ventures and innovative investment attraction schemes to profit from the world’s high oil prices.
bim group and adb sign 107 million clean energy package

Bim Group and ADB sign $107 million clean energy package

The Asian Development Bank (ADB) signed a $107 million financial package with BIM Wind Power JSC, a subsidiary of BIM Group, to support the operation of an 88MW wind farm in Ninh Thuan province on Vietnam’s southcentral coast.
adb cuts developing asia growth projection on china slowdown

ADB cuts developing Asia growth projection on China slowdown

The Asian Development Bank trimmed its economic growth forecast for developing Asia on Wednesday, with China's pandemic lockdowns, slowing global demand and the Russian invasion of Ukraine seen as limiting the region's prospects.
mvv academy accompanies bidv to launch sme digital platform

MVV Academy accompanies BIDV to launch SME digital platform

Bank for Investment and Development of Vietnam (BIDV) launched BIDV SMEasy digital platform to support SMEs. The platform is sponsored by the Asian Development Bank (ADB), while MVV Academy is a consulting and development unit.
adb approves loan to help cambodia reform education

ADB approves loan to help Cambodia reform education

The Asian Development Bank (ADB) has approved a 70-million-USD loan to Cambodia to support government efforts to deepen reforms in upper secondary science, technology, engineering, and mathematics (STEM) education across the country.
adb leads 135 million climate financing package for vinfast

ADB leads $135 million climate financing package for VinFast

The Asian Development Bank (ADB) mobilised a $135 million climate financing package for VinFast Trading and Production JSC (VinFast) for manufacturing Vietnam's first fully-electric public transport bus fleet and first national electric vehicle charging network.
ways to fund vietnams cop26 commitments

Ways to fund Vietnam’s COP26 commitments

At the 2021 United Nations Climate Change Conference (COP26), Vietnam pledged to reach net-zero carbon emissions by 2050 and to phase out coal-fueled power generation by 2040.
roadblocks hit trajectory for newly registered capital

Roadblocks hit trajectory for newly-registered capital

A lack of large-scale projects and global political fluctuations are key reasons for a fall in newly-registered capital inflow to Vietnam over several consecutive months.
expectations positive for growth trajectory

Expectations positive for growth trajectory

The Vietnamese economy has been gradually bouncing back thanks to the government’s major efforts to curb the pandemic and remove obstructions to progress for enterprises.