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Update news asian development bank
Since its resumption of operations in Vietnam in 1993, the Asian Development Bank (ADB) has been part of the country’s success story.
Amid the current health crisis, Vietnam’s economy has shown its resilience over past months.
Despite a four-month high in the consumer price index, Vietnam will likely be successful in reining in inflation this year thanks to a decline in oil price and public demand, as well as the government’s efforts to stabilise prices in the market.
Despite the negative impacts of the ongoing coronavirus pandemic, the Vietnamese economy under sturdy policies from the government will have numerous opportunities to move forwards strongly.
By now, everyone and anyone will have heard of COVID-19 and its terrible impact on society and the global economy.
Vietnam’s economic growth rate is expected to slow sharply to 4.8 per cent this year due to the impact of the COVID-19 pandemic, said a new Asian Development Bank (ADB) report released on Thursday.
The novel coronavirus (COVID-19) pandemic and deepening global economic uncertainty are putting great pressure on Viet Nam’s local currency bond...
As Vietnam is estimated to need an average of US$210 billion for infrastructure per year through 2030 to meet its development targets, an ADB expert suggested the country should adopt new approaches to get the huge capital.
Renewable energy has emerged as one of the most preferred sectors for investment in Vietnam,but the development of such projects has been hampered by a number of challenges, according to a survey by Grant Thornton,
The Vietnamese economy has grown by 7.02 per cent in 2019, and is expected to maintain this growth momentum into 2020.
The ADB has signed a 37.8 million-USD loan deal with TTC Energy Development Investment JSC (TTC Energy) to provide long-term financing to develop and operate a 50-MW photovoltaic solar power plant in Tay Ninh.
The Asian Development Bank has revised up its forecast of Vietnam’s GDP growth for 2019 and 20202 from 6.8 percent to 6.9 percent and 6.7 percent to 6.8 percent, respectively, in contrary with projections for Asia.
Masatsugu Asakawa has been unanimously elected President of the Asian Development Bank (ADB) by its Board of Governors.
An expert at the Asian Development Bank (ADB) has recommended several ways to help transform HCMC into a financial center.
Ho Chi Minh City’s climate and hydrodynamics are extreme and are expected to worsen by 2050, according to a report recently released by the Asian Development Bank (ABD).
The knowledge sharing and technical assistance project for agriculture was launched in the Mekong Delta province of Hau Giang on August 19 with the debut of a public-private partnership (PPP) group for the project.
The People’s Committee of Hanoi has proposed the municipal People’s Council add the urban railway project No 3 to the list of projects funded by official development assistance (ODA) and preferential loans from foreign donors.