January 23, 2023 | 22:39
The government and people of Vietnam well deserve their achievement of the highest economic growth record in more than a decade. Despite global economic concerns, inflationary pressure, currency depreciation and other current challenges, Vietnam’s economy grew at 8.02 per cent in 2022, according to the General Statistics Office. That was higher than the government’s initial target of 6-6.5 per cent, and Vietnam remains one of the fastest-growing economies in the region.
September 30, 2022 | 11:16
The Vietnamese economy has been gradually bouncing back thanks to the government’s major efforts to curb the pandemic and remove obstructions to progress for enterprises.
June 27, 2022 | 19:30
The Russia-Ukraine conflict has increased global oil market volatility. The economic impact of another oil price shock, should it materialise, would be significant.
April 28, 2022 | 09:56
The Asian Development Bank (ADB) maintained its forecast for Vietnam’s GDP growth at 6.5 percent in 2022 and projected the economy to further expand by 6.7 percent in 2023.
March 21, 2022 | 08:05
The ADB and VIB have announced a $260 million syndicated loan agreement.
November 03, 2021 | 06:00
Four partners pledged $665 million to an ADB platform to mobilise $7 billion for low-carbon and climate-resilient infrastructure projects in Southeast Asia.
September 08, 2021 | 14:00
After avoiding the worst of the pandemic’s economic impacts for over a year, Vietnam is now facing its worst outbreak.
July 30, 2021 | 14:00
As with most economies in the region, Vietnam has been facing unprecedented struggles this year. However, with regional recovery, the nation may still see a growth rate close to its expectations.
July 14, 2021 | 10:00
Despite significant gains in the last decade, Vietnam’s infrastructure lags regional peers such as Indonesia, Malaysia, and Thailand.
July 01, 2021 | 10:00
Although Vietnam is striving for gender parity, with over 79 per cent of Vietnamese women aged 15 and above working or searching for work, according to the Asian Development Bank, the gender pay gap persists.
March 06, 2021 | 08:00
Construction of 106 houses in natural disaster-hit areas worth 14.3 billion VND (615,000 USD) began in the central province of Quang Tri on March 5, funded by the Asian Development Bank (ADB).
December 08, 2020 | 14:20
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.
July 16, 2020 | 08:41
The Association of Southeast Asian Nations (ASEAN) is emerging and playing a central role in the region, thus looking to converge Mekong sub-regional cooperation with its development goals, according to Deputy Minister of Foreign Affairs Nguyen Quoc Dung, head of the SOM ASEAN Vietnam.