The Asian Development Bank raised its 2024 and 2025 growth forecasts for Vietnam to 6.4% and 6.6% from previous predictions of 6.0% and 6.2%, driven by stronger trade activities and ongoing fiscal stimulus measures.
The year 2025 is set to be a challenging year for Southeast Asian countries that are looking to boost their economic growth while the world faces economic slowdown, geopolitical tensions, and trade fragmentation, particularly new tariff by the US – the largest economy in the world.
The Asian Development Bank (ADB) raised its 2024 and 2025 growth forecasts for Vietnam to 6.4% and 6.6% from previous predictions of 6.0% and 6.2%, driven by stronger trade activities and ongoing fiscal stimulus measures.
The Asian Development Bank (ADB) on December 3 announced that it has approved two projects with 173 million USD in loans and grants to accelerate climate-adaptive water resources management in Cambodia.
The diversification of global supply chains is creating significant opportunities for Vietnam to engage more deeply in international production networks. However, along with market expansion prospects, there are challenges posed by trade tensions, the reality of climate change accompanied by natural disasters, and the requirements for carbon emissions reduction, according to experts.
The southern province of Binh Duong is implementing a plan to access loans of nearly 317 million USD to upgrade urban infrastructure for residents' better living conditions, according to Vice Chairman of the provincial People’s Committee Mai Hung Dung.
International organisations have maintained their robust growth forecasts for Vietnam this year as the economy has bounced back strongly despite external uncertainties and extensive damage caused by Typhoon Yagi.
An economist of the Asian Development Bank (ADB) has emphasised the need to strengthen the resilience of the Vietnamese economy against natural disasters given the devastating consequences of Typhoon Yagi, the strongest to hit Vietnam in decades, and its aftermath.
The Asian Development Bank (ADB) has approved a 2 million USD grant to assist the Government of Viet Nam in providing emergency and humanitarian services to residents affected by the super Typhoon Yagi in the northern region of the country.
The Asian Development Bank (ADB) maintained its positive economic outlook for Vietnam, forecasting the country’s GDP growth at 6% in 2024 and 6.2% in the following year.
The Asian Development Bank (ADB) maintained its positive economic outlook for Vietnam, forecasting the country’s GDP growth at 6% in 2024 and 6.2% in the following year.
The Ministry of Planning and Investment recently presented to the Government three economic growth trajectories for 2025, with the highest rate forecast at 7.5%.
President of the Asian Development Bank (ADB) Masatsugu Asakawa has written an article on finance for net-zero transition. The following is the full text of the article.
The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia slightly up thanks to stronger domestic demand and export growth.
The Asian Development Bank (ADB) and Lien Viet Post Joint Stock Commercial Bank (LPBank) on June 12 signed a financing package of up to 80 million USD to expand access to finance for a women-owned small and medium-sized enterprises (WSMEs) project in Vietnam.
The Asian Development Bank (ADB) has launched a 2024–2028 country partnership strategy for Laos, aimed to lay the foundation for a more inclusive, sustainable, and resilient economy in the country.
The 11th Singapore Dialogue on Sustainable World Resources (SWR) took place on May 9 with the participation of over 240 delegates, scholars, and representatives of the private sector and non-governmental organisations relating to the Association of Southeast Asian Nations (ASEAN).
