inflationary pressures stalking national economy

Inflationary pressures stalking national economy

Vietnam is being warned of an inflation increase this year due to great pressure on rising prices of commodities used for domestic production, affecting consumption recovery and growth.
debunking the mandatory credit rating misconceptions

Debunking the mandatory credit rating misconceptions

There have been growing concerns that Vietnam’s fast-growing corporate bond market is harbouring financial risks. The single most important step that the government could take to improve the transparency, safety, and sustainability of the corporate bond market is to mandate public credit ratings for all publicly and privately traded bonds.
adb vietnam set for a strong economic rebound

ADB: Vietnam set for a strong economic rebound

The Asian Development Bank (ADB) maintained its forecast for Vietnam’s GDP growth at 6.5 percent in 2022 and projected the economy to further expand by 6.7 percent in 2023.
digitalisation placed on asean agenda

Digitalisation placed on ASEAN agenda

With the entire ASEAN just agreeing upon upgrading trade, investment, and digital cooperation as one of the key pillars for boosting intra-bloc ties, Vietnam is offering many opportunities to further develop its digital economy, facilitating economic activities.
vib raises 260 million in loan agreement

VIB raises $260 million in loan agreement

The Asian Development Bank (ADB) and Vietnam International Bank (VIB) have announced a $260 million syndicated loan agreement to enhance financing for small- and medium-sized enterprises (SMEs), private businesses, and individual customers.
southeast asias road to recovery

Southeast Asia’s road to recovery

Before the pandemic struck, Southeast Asia had been a global success story in fostering growth and reducing poverty. Ramesh Subramaniam, director general of the Southeast Asia Department of the Asian Development Bank, discusses how the region can now begin to recover with more buoyant growth.
adb tpb sign 25 million loan to finance women led smes in vietnam

ADB, TPB sign $25 million loan to finance women-led SMEs in Vietnam

The Asian Development Bank (ADB) signed a US$25 million loan with Tien Phong Commercial Joint Stock Bank (TPB) to expand access to finance of women-owned and led small and medium-sized enterprises (WSMEs) in Vietnam.
vietnams economy to rebound in new year

Vietnam’s economy to rebound in new year

Vietnam saw GDP contract by 6.2 per cent in Q3 2021, which dragged the country’s GDP growth for the first nine months of the year to a historic low of 1.4 per cent.
price hikes leaving constructors short of building materials to be stabilised

Price hikes leaving constructors short of building materials to be stabilised

The unexpected price hikes of important building materials pose roadblocks to constructors. Moreover, the construction price index climbed by 3.65 per cent in the first nine months of 2021 on-year.
adb revises down malaysias economic growth forecast in 2021

ADB revises down Malaysia’s economic growth forecast in 2021

The Asian Development Bank (ADB) has downgraded Malaysia's gross domestic product (GDP) growth forecast to 3.8 percent from 4.7 percent for 2021 and 5.9 percent from 6.1 percent next year.
adb revises down malaysias economic growth forecast in 2021

ADB revises down Malaysia’s economic growth forecast in 2021

The Asian Development Bank (ADB) has downgraded Malaysia's gross domestic product (GDP) growth forecast to 3.8 percent from 4.7 percent for 2021 and 5.9 percent from 6.1 percent next year.
adb ventures to support startups in phu yen

ADB Ventures to support startups in Phu Yen

Startups in Phu Yen province will be able to access aid and investment capital as well as business development skills via the ADB Ventures – Supporting Impact Startups Project.
adb helps southeast asia revive tourism and boost sustainable inclusive investment

ADB helps Southeast Asia revive tourism and boost sustainable, inclusive investment

The Asian Development Bank (ADB) is doing its utmost to recover tourism and boost inclusive, sustainable development in the sector, and help local entrepreneurs, especially women and youth, adopt digital platforms to grow their tourism businesses.
developing asia growth outlook slightly down in 2021 2022

Developing Asia growth outlook slightly down in 2021-2022

The Asian Development Bank revised its economic growth outlook for developing Asia, down slightly to 7 per cent this year and 5.3 per cent next year, after renewed outbreaks of coronavirus disease led to slower growth in the third quarter.
major development partners join vietnam in building successful circular economy

Major development partners join Vietnam in building successful circular economy

Today, the Norwegian Embassy in Hanoi, its commercial section Innovation Norway, the Asian Development Bank (ADB) and the Vietnam Environment Administration (VEA) under the Ministry of Natural Resources and Environment (MoNRE) organised a webinar titled “Multi-stakeholders approach – a key to successful circular economy”.