Partners pledge $665 million to support green recovery in ASEAN

Partners pledge $665 million to support green recovery in ASEAN

Four partners pledged $665 million to an ADB platform to mobilise $7 billion for low-carbon and climate-resilient infrastructure projects in Southeast Asia.
Helping small businesses and female entrepreneurs endure

Helping small businesses and female entrepreneurs endure

After avoiding the worst of the pandemic’s economic impacts for over a year, Vietnam is now facing its worst outbreak.
Going on the attack for a self-reliant economy

Going on the attack for a self-reliant economy

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.
Vietnam’s PPP law is up and running

Vietnam’s PPP law is up and running

Despite significant gains in the last decade, Vietnam’s infrastructure lags regional peers such as Indonesia, Malaysia, and Thailand.
Closing the gender wage gap

Closing the gender wage gap

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.
ADB helps build resilient houses for disaster-hit families in Quang Tri

ADB helps build resilient houses for disaster-hit families in Quang Tri

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).
Collaboration required to steer towards recovery

Collaboration required to steer towards recovery

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.
ASEAN looks to boost sub-regional development

ASEAN looks to boost sub-regional development

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.