Vietnam capable of achieving twin targets: ADB Country Director

Vietnam capable of achieving twin targets: ADB Country Director

Vietnam has sufficient conditions to achieve the twin targets of curbing the COVID-19 pandemic and securing economic growth in 2021, according to Country Director of the Asian Development Bank (ADB) Andrew Jeffries.
JICA financed $25 million for wind power project in Quang Tri

JICA financed $25 million for wind power project in Quang Tri

JICA in Vietnam has just signed a loan agreement of up to $25 million for an onshore wind power project in Quang Tri province.
ADB proposes ending funding for coal power plants

ADB proposes ending funding for coal power plants

The Asian Development Bank (ADB) will stop financing new coal power plants, the main source of power supply in developing countries, under a draft energy policy released earlier this week.
ADB forcasts Vietnam’s economic growth to rebound to 6.7 per cent this year

ADB forcasts Vietnam’s economic growth to rebound to 6.7 per cent this year

Vietnam’s economic growth is expected to rebound to 6.7 per cent this year and rise to 7 per cent in 2022, according to a new report from the ADB.
ADB lifts Asia growth forecast on Covid-19 vaccines, export demand

ADB lifts Asia growth forecast on Covid-19 vaccines, export demand

The Asian Development Bank has raised its growth forecast for developing Asia this year on the rollout of Covid-19 vaccines and the strength of global export demand, but warned that resurgent virus outbreaks threatened the recovery
Imexpharm secures loan from ADB to support generic medicine production

Imexpharm secures loan from ADB to support generic medicine production

The ADB signed an $8 million loan to help Imexpharm sustain the production of generic medicines, despite global supply disruptions caused by COVID-19.
ADB forecasts Vietnam GDP growth at 2.3 per cent in 2020

ADB forecasts Vietnam GDP growth at 2.3 per cent in 2020

The ADB has revised its forecast for Vietnam’s economic growth this year to 2.3 per cent, compared to its earlier forecast of 1.8 per cent in September.
Collaboration required to steer towards recovery

Collaboration required to steer towards recovery

The pandemic severely impacted the global economy, with its aftermath becoming far worse than the Great Recession of the 1930s. In September, the Asian Development Bank (ADB) forecast that economies in East Asian nations would contract from 5.4 per cent in 2019 to -0.7 per cent in 2020 if the pandemic was controlled in the third quarter of the year.
ADB shakes hand with MVV Education to beef up e-learning for WSMEs

ADB shakes hand with MVV Education to beef up e-learning for WSMEs

The ADB has selected MVV Education to implement a special COVID-19 business counselling and training programme for 500 WSMEs in Vietnam.
ADB to provide sustainable water services in Vietnam

ADB to provide sustainable water services in Vietnam

The (ADB and BIWASE signed an $8 million loan to expand Tan Hiep WTP in Binh Duong province, one of the fastest-developing provinces of Vietnam.
ADB approves 2.5 million USD grant to support Vietnam’s disaster response

ADB approves 2.5 million USD grant to support Vietnam’s disaster response

The Asian Development Bank (ADB) has approved a 2.5 million USD grant to assist the Government of Vietnam in providing emergency and humanitarian services to residents affected by the recent floods in the country’s central region.
Resiliency pointing to positive growth outlook

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.
ADB: MSMEs key to post-COVID-19 recovery in Southeast Asia

ADB: MSMEs key to post-COVID-19 recovery in Southeast Asia

A new report from the Asian Development Bank (ADB) shows that strengthening the dynamics of micro, small, and medium-sized enterprises (MSMEs) with innovation and internationalization will be key to revitalizing Southeast Asian economies devastated by the coronavirus disease (COVID-19) pandemic.
ADB, Phu Yen JSC sign Vietnam’s first certified green loan for 257 MW solar power plant

ADB, Phu Yen JSC sign Vietnam’s first certified green loan for 257 MW solar power plant

The Asian Development Bank (ADB) and Phu Yen TTP Joint Stock Company (Phu Yen JSC) on October 9 signed a 186 million USD loan to develop and operate a 257 megawatt (MW) solar power plant in the southern province of Phu Yen’s Hoa Hoi, through the country’s first certified green loan.
JICA-funded “LEAP” fund finances one of the largest solar power plants in Vietnam

JICA-funded “LEAP” fund finances one of the largest solar power plants in Vietnam

The ADB signed a loan agreement that utilises the LEAP fund by JICA to bankroll a solar power generation business in Vietnam.
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