Prime Minister welcomes new ADB Country Director Politics

Prime Minister welcomes new ADB Country Director

Prime Minister Nguyen Xuan Phuc hosted a reception for Country Director of the Asian Development Bank (ADB) in Vietnam Andrew Jeffries in Hanoi on September 17, during which he expressed his hope that Jeffries will further enhance the Vietnam-ADB partnership.
Vietnam shares its effective financial mechanisms in COVID-19 response Health

Vietnam shares its effective financial mechanisms in COVID-19 response

The Joint Ministers of Finance and Health Symposium on Universal Health Coverage in Asia and the Pacific, with the theme “COVID-19 and Beyond”, was held online by the Asian Development Bank (ADB) in Hanoi on September 17, with the participation of various countries in the Asia-Pacific region.
Laos’ GDP forecast to contract by 2.5 percent: ADB World

Laos’ GDP forecast to contract by 2.5 percent: ADB

Economic expansion of Laos is forecast to contract this year for the first time since 1980s due to impacts of the COVID-19 pandemic, but the economy will recover in 2021, according to the Asian Development (ADB)’s recent report.
ADB: Thailand’s economy to shrink by 8 percent in 2020 World

ADB: Thailand’s economy to shrink by 8 percent in 2020

Despite relatively effective containment of Covid-19, the impact of the pandemic on Thailand's economy has been more severe than expected and economic recovery remains elusive, with annual GDP poised to shrink by 8 percent, says the Asian Development Bank (ADB).
ADB forecasts Vietnam’s economic growth at 1.8 percent in 2020 Business

ADB forecasts Vietnam’s economic growth at 1.8 percent in 2020

Vietnam’s economy is forecast to expand 1.8 percent in 2020 amid the coronavirus and bounce back in next year, while economies across developing Asia will contract this year for the first time in nearly six decades but recovery will resume next year, according to a recent report released by the Asian Development Bank (ADB).
International workshop discusses post-COVID-19 ASEAN World

International workshop discusses post-COVID-19 ASEAN

Scientists and experts from Vietnam, Cambodia, Singapore, India, and elsewhere joined a workshop entitled “The Association of Southeast Asian Nations (ASEAN) after the COVID-19 pandemic” in Hanoi on September 8.
Indonesia to extend assistance to small businesses World

Indonesia to extend assistance to small businesses

Indonesian Minister of Cooperatives and Small and Medium Enterprises Teten Masduki has said his Government is seeking to expand its business assistance programme to around 3 million more small businesses affected by the COVID-19 outbreak by reallocating funds from other programmes within the government’s stimulus plan.
New ADB loan sought for HCM City metro project Business

New ADB loan sought for HCM City metro project

The Government has asked the Asian Development Bank (ADB) for a loan of approximately 1 billion USD to ensure capital supply for the Ben Thanh - Suoi Tien metro project, HCM City’s second metro line.
UK businesses seek cooperation opportunities in Vietnam Business

UK businesses seek cooperation opportunities in Vietnam

As many as 50 UK businesses joined an online meeting to get updates on socio-economic situation in Vietnam as well as developments in the Vietnam-UK relations, and seek opportunities to cooperate with Vietnamese partners in the future.
ADB supports Philippines in COVID-19 fight World

ADB supports Philippines in COVID-19 fight

The Asian Development Bank (ADB) has approved a loan worth 125 million USD to support the Philippines to strengthen its capacity in preventing and controlling the spread of COVID-19 pandemic.