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ADB raises Vietnamese GDP growth forecast to 2.3% this year

ADB raises Vietnamese GDP growth forecast to 2.3% this year

Experts from the Asian Development Bank (ADB) have revised up the nation’s GDP growth forecasts from 1.8% to 2.3% this year following the acceleration of public investment, coupled with the swift recovery of domestic consumption, according to the Asian Development Outlook 2020 (ADO) report released on December 10.
Fundraisers to support central of Vietnam to overcome historic floods

Fundraisers to support central of Vietnam to overcome historic floods

PSNews - On the morning of October 19, the two Chairman of Disaster Risk Reduction Partnership, Mr. Nguyen Hoang Hiep, Deputy Minister of Agriculture and Rural Development (MARD) and Mr. Andrew Jeffries - Country Director of the Asian Development Bank (ADB) has co-chaired the meeting "Support the Central of Vietnam to overcome the heavy rainfall and flood".
Vietnam is the fastest growth expected in Southeast Asia

Vietnam is the fastest growth expected in Southeast Asia

Developing Asia will barely grow in 2020 as containment measures to address the coronavirus disease (COVID-19) pandemic hamper economic activity and weaken external demand, according to a new set of forecasts from the Asian Development Bank (ADB).
COVID-19 economic impact could reach $8.8 trillion globally

COVID-19 economic impact could reach $8.8 trillion globally

The global economy could suffer between $5.8 trillion and $8.8 trillion in losses—equivalent to 6.4% to 9.7% of global gross domestic product (GDP)—as a result of the novel coronavirus disease (COVID-19) pandemic, says a new report released by the Asian Development Bank (ADB) on May 15.
ADB triples COVID-19 response package to $20 billion

ADB triples COVID-19 response package to $20 billion

The Asian Development Bank (ADB) today tripled the size of its response to the novel coronavirus disease (COVID-19) pandemic to $20 billion and approved measures to streamline its operations for quicker and more flexible delivery of assistance.
ADB affirms economic growth potential of Vietnam

ADB affirms economic growth potential of Vietnam

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.
Asia Bond Market Expanding; Housing Bonds, Green Bonds are Potential Growth Areas

Asia Bond Market Expanding; Housing Bonds, Green Bonds are Potential Growth Areas

The local currency bond markets in emerging East Asia continued to expand over the first quarter of 2019 despite trade conflicts and moderating global growth, according to the Asian Development Bank’s (ADB) latest issue of the Asia Bond Monitor. Housing bonds and green bonds are potential areas of future growth, the quarterly report said.
ADB supports for Women-Led SMEs in Viet Nam and Pacific

ADB supports for Women-Led SMEs in Viet Nam and Pacific

PSNews - The Asian Development Bank (ADB) has received $20.19 million from the Women Entrepreneurs Finance Initiative (We-Fi) to support women-led small and medium-sized enterprises (WSMEs) to access critical financing and training in Viet Nam and the Pacific.

ADB loan signed to improve connectivity in Northwestern moutain provinces

ADB loan signed to improve connectivity in Northwestern moutain provinces

The Asian Development Bank (ADB) and the Government of Viet Nam signed today a $188 million loan for the Northern Mountain Provinces Transport Connectivity Project. The Project will improve the road connectivity between the Noi Bai-Lao Cai Expressway and northwestern provinces of Viet Nam, enhancing economic opportunities for some of the poorest people in the project area.