April 13, 2022 | 16:08
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).
March 17, 2022 | 10:21
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.
March 07, 2022 | 10:11
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.
January 07, 2022 | 13:58
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.
December 11, 2021 | 12:40
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.
November 29, 2021 | 15:11
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.
November 29, 2021 | 11:35
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?
November 23, 2021 | 09:34
The Asian Development Bank (ADB) has approved a 500 million USD loan to help Indonesia recover its economy following COVID-19 pandemic.
November 03, 2021 | 15:53
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.
June 28, 2021 | 22:27
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.
June 11, 2021 | 19:22
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.
May 28, 2021 | 10:00
Production activities in Vietnam are on the rise, promising to further spur on economic growth.
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.
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.
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