Asian Development Bank

ADB proposes ending funding for coal power plants

May 10, 2021 | 15:25

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.

Right time to reform for future success

May 05, 2021 | 12:06

Since last year, Vietnam has been weathering difficulties caused by the health crisis to reach positive growth, with a safe environment for people and enterprises to perform in. Andrew Jeffries, country director for Vietnam of the Asian Development Bank, writes about the country’s steady journey amid the COVID-19 pandemic, with a need to further apply digital solutions in the economy.

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

April 28, 2021 | 10:22

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

ADB provides 25 million USD to help Philippines purchase COVID-19 vaccines

February 05, 2021 | 10:53

The Asian Development Bank (ADB) announced on February 1 that it has allocated 25 million USD to help the Philippine government purchase COVID-19 vaccines.

Is Vietnam’s economy recovering from COVID-19? Ask female entrepreneurs 1

January 19, 2021 | 10:10

Vietnam’s GDP grew 2.91 per cent in 2020 and, although lower than in recent years, it is a significant achievement considering many countries in the region are in economic freefall.

ADB policy expertise lending to rising Vietnam relationship

December 22, 2020 | 17:51

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

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

October 10, 2020 | 10:09

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.

Export turnover lends country further surplus in spite of snags

September 29, 2020 | 19:00

Despite a decline in state budget revenue, remittances, and foreign direct investment, Vietnam is expected to see a surplus in current account this year thanks to a possible rise in export turnover.

Spurring prudent development of domestic corporate bond market

September 29, 2020 | 10:00

After years of sluggish growth, Vietnam’s corporate bond market has blossomed. Issuances grew at a compound annual growth rate of 40 per cent between 2012 and 2019, and outstanding issuances amounted to around 11.5 per cent of Vietnam’s GDP – the fourth-highest in ASEAN, and further gains are likely.

Green shoots for economic performance prospects

September 25, 2020 | 08:00

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

Prime Minister welcomes new ADB Country Director

September 18, 2020 | 08:52

Prime Minister Nguyen Xuan Phuc hosted a reception for Country Director of the Asian Development Bank (ADB) in Vietnam Andrew Jeffries in Hanoi on September 17, during which he expressed his hope that Jeffries will further enhance the Vietnam-ADB partnership.