Vietnamese economy remains resilient despite weak external environment: ADB

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.
HDBank is honoured as ADB's leading partner bank in Vietnam

HDBank is honoured as ADB's leading partner bank in Vietnam

HDBank was honoured as the Leading Partner Bank in Vietnam by the Asian Development Bank at an award ceremony in Singapore earlier this month.
ADB agrees $13.8-million loan with GreenYellow

ADB agrees $13.8-million loan with GreenYellow

ADB has agreed a $13.8 million loan with GreenYellow to support the installation of rooftop PV solar systems in Vietnam.
Infrastructure value for money cannot be downplayed

Infrastructure value for money cannot be downplayed

Infrastructure development is being considered in Vietnam as a key propellant for economic development.
ADB highlights default risks in Vietnam's property markets

ADB highlights default risks in Vietnam's property markets

Vietnam's property equity index has experienced a significant decline of around a half since January, according to a report by the Asian Development Bank (ADB).
ADB, Switzerland grant 5 mln USD to support Vietnam improve fintech

ADB, Switzerland grant 5 mln USD to support Vietnam improve fintech

The Asian Development Bank (ADB) and Switzerland have signed a cofinancing agreement of up to 5 million USD to develop financial technologies (fintech) that can help address low financial inclusion in Vietnam, particularly among small and medium-sized enterprises (SMEs).
OECD forecasts Vietnam's GDP growth at 6.5 per cent

OECD forecasts Vietnam's GDP growth at 6.5 per cent

The Organisation for Economic Cooperation and Development expects Vietnam's economy to grow steadily, with GDP at 6.5 per cent in 2023 and 6.6 per cent in 2024.
Key economic pillar issues tackled head-on

Key economic pillar issues tackled head-on

The government will continue enacting new business solutions in a bid to spur economic growth, which struggled in the first quarter.
Trade slowdown indicating current account deficit

Trade slowdown indicating current account deficit

A slowdown in Vietnam’s trade is expected to dent the country’s current account this year due to waning global demand and domestic production snags.
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.
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.
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.
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).
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