Overcoming demographic deficits through regional worker migration

Overcoming demographic deficits through regional worker migration

Much of Asia-Pacific has grown richer over the past 50 years by investing heavily in infrastructure during a period when working age populations were growing.
Softening demand to limit 2024 trade

Softening demand to limit 2024 trade

A slowdown in Vietnam’s trade is expected to undermine the nation’s current account, which is projected to remain positive this year on account of waning global demand and domestic production difficulties.
A strategy fit for success to ensure 2024 targets are met

A strategy fit for success to ensure 2024 targets are met

Shantanu Chakraborty, Vietnam country director for the Asian Development Bank, talked with VIR’s Thanh Tung about how the economy has performed and key impetuses for the next 12 months.
Public investment crucial for Vietnam’s economic growth: ADB director

Public investment crucial for Vietnam’s economic growth: ADB director

Vietnam’s maintaining the momentum of public investment will be crucial because it will rejuvenate economic activities, generate employment, and enhance domestic consumption, said ADB Country Director for Vietnam Shantanu Chakraborty.
The economics of nature: How to integrate natural capital into policy

The economics of nature: How to integrate natural capital into policy

Nature's ability to regenerate is dwindling as human demands on it increase. To reverse this trend, we need to incorporate natural capital into economic modelling and policymaking.
Flexible and prudent fiscal policies protecting Vietnam

Flexible and prudent fiscal policies protecting Vietnam

The Vietnamese government is making efforts to reach its target for economic growth in 2023 at 6-6.5 per cent this year.
Outlooks lowered as weaker trade hampers 2023 growth

Outlooks lowered as weaker trade hampers 2023 growth

Slow recovery in domestic production and continued global challenges are expected to leave Vietnam behind its economic growth target this year, with international organisations lowering their forecasts.
ADB, Singapore partner to develop clean energy

ADB, Singapore partner to develop clean energy

The Asian Development Bank (ADB) and the Energy Market Authority (EMA) of Singapore have signed an MoU that paves the way for the development of renewable energy generation and transmission across the Association of Southeast Asian Nations (ASEAN) region.
Promoting development of economic corridors

Promoting development of economic corridors

Economic corridors have the potential to bridge infrastructure gaps, foster industrial growth, and promote economic diversification, playing a pivotal role in propelling Asia towards a more inclusive and sustainable growth trajectory.
ADB sets moderate 2023 growth outlook for Vietnam

ADB sets moderate 2023 growth outlook for Vietnam

Vietnam’s economy is expected to grow by 6.5 per cent this year and expand to 6.8 per cent in 2024, according to the Asian Development Bank (ADB).
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.
Vietnam’s economy steadfast amid the headwinds

Vietnam’s economy steadfast amid the headwinds

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.
Expectations positive for growth trajectory

Expectations positive for growth trajectory

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.
Additional oil spike impacts cannot be ruled out

Additional oil spike impacts cannot be ruled out

The Russia-Ukraine conflict has increased global oil market volatility. The economic impact of another oil price shock, should it materialise, would be significant.
ADB: Vietnam set for a strong economic rebound

ADB: Vietnam set for a strong economic rebound

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.
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