Shoring up the economy with recovery programme

Shoring up the economy with recovery programme

Growth in GDP is forecast at 6.5 per cent in 2022 and 6.7 per cent in 2023, a rebound made possible by Vietnam’s high COVID-19 vaccination coverage, the shift to a more flexible pandemic containment approach, expanding trade, and the government’s Economic Recovery and Development Programme (ERDP).
Southeast Asia’s road to recovery

Southeast Asia’s road to recovery

Ramesh Subramaniam, director general of the Southeast Asia Department of the Asian Development Bank, discusses how Southeast Asia can begin to recover after the pandemic with more buoyant growth.
Methods for banking boards to empower women’s businesses in Vietnam

Methods for banking boards to empower women’s businesses in Vietnam

Small and medium-sized enterprises (SMEs) owned by women in Vietnam face significant barriers to finance. Despite the similar business performance, women-owned SMEs are 10 percentage points less likely than those run by men to have a bank loan. When they do get loans, they are smaller amounts and have shorter tenors. On average, SMEs owned by men can expect loans with maturities that are 19 per cent longer.
Vietnam’s 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.
Committing to a balanced and resilient economy

Committing to a balanced and resilient economy

Vietnam is mulling over a big programme on economic recovery and development. Andrew Jeffries, country director for Vietnam at the Asian Development Bank, talked with VIR’s Thanh Thu about how the country can provide effective support for its economy.
Bold reforms for equitable access to finance by promoting microfinance

Bold reforms for equitable access to finance by promoting microfinance

While most of the fundamentals are in place, and Vietnam’s capital markets are positively flourishing, with rising bank coverage and a robust fintech scene, there is surprisingly little in the way of microfinance institutions. Vietnam needs to bring its regulatory framework up to speed to open up the way for this important financing channel for the benefit of individuals and small-scale enterprises.
Securing a clean energy future for all of Asia-Pacific

Securing a clean energy future for all of Asia-Pacific

The message for the world from the recent COP26 meeting in Glasgow is clear – we must reduce greenhouse gas emissions and one of the biggest sources is energy. But how do we balance the growing need for energy across Asia-Pacific, with the imperative to reduce such emissions?
ADB approves 500 mln USD loan for Indonesia’s economic recovery

ADB approves 500 mln USD loan for Indonesia’s economic recovery

The Asian Development Bank (ADB) has approved a 500 million USD loan to help Indonesia recover its economy following COVID-19 pandemic.
Linking up relevant policies for the digitalised economy

Linking up relevant policies for the digitalised economy

Andrew Jeffries, country director for Vietnam at the Asian Development Bank, writes about the potential of a digital economy in the long term, with the need to support micro, small, and medium-sized enterprises in pursuing digitalisation.
Necessary reforms to boost investment into Vietnam’s burgeoning water sector

Necessary reforms to boost investment into Vietnam’s burgeoning water sector

For development banks, water investments are exciting because water is so central to the 2030 Sustainable Development Goals (SDGs). Clean water and sanitation, ending poverty, good health and wellbeing, and gender equality are all closely linked to the prudent management of water.
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.
Transitioning from recovery to growth

Transitioning from recovery to growth

Production activities in Vietnam are on the rise, promising to further spur on economic growth.
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.
Right time to reform for future success

Right time to reform for future success

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

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
|< < 1 2 3 4 > >|