Cambodia should consider developing industry transformation maps in key sectors to enable the transition to the fourth industrial revolution (4IR) with adequate investment in skills development for new and repositioned jobs, according to a new study by the Asian Development Bank (ADB).
Vietnam needs to develop dedicated technical and vocational education and training (TVET) programmes to enable its transition to the fourth Industrial Revolution, increasing worker productivity and the country’s competitiveness, the Asian Development Bank (ADB) says in a new study.
A biodiversity conservation corridor project funded by the Asian Development Bank (ADB) has made positive changes to forest protection in the central provinces of Quang Nam, Quang Tri, and Thua Thien-Hue.
Experts have been optimistic about Vietnam’s economic growth in 2021 based on the latest situation, as well as the sound decisions and policies adopted by the Party and Government.
After two months of transportation and installation, the last component of a tunnel boring machine (TBM) will be placed at the S9 underground station of Metro Line No 3, Nhon - Hanoi Train Station, on December 30.
Over 21 trillion VND (913 million USD) is needed to supply electricity to most rural households currently without access, heard a consultation conference in Hanoi on December 18 to pool investment for power supply projects in rural, mountainous, and island areas in the 2021-2025 period.
The Asian Development Bank (ADB) signed an eight million USD loan with Imexpharm Corporation to help the company sustain its production of generic medicines despite global supply disruptions caused by the COVID-19 pandemic.
Thailand’s economy will grow 4 percent in 2021, more than 1 percentage point lower than Southeast Asia’s average, according to the Asian Development Bank (ADB).
The Asian Development Bank (ADB) said on December 11 that it has launched a 9 billion USD COVID-19 vaccine initiative - the Asia Pacific Vaccine Access Facility (APVAX), offering rapid and equitable support to its developing members as they procure and deliver effective and safe coronavirus disease vaccines.
The Asian Development Bank (ADB) recently approved a 500 million USD policy-based loan to support the Indonesian Government’s efforts to expand financial access among micro, small, and medium-sized enterprises (MSMEs) and marginalised groups such as women and youth.
The Asian Development Bank (ADB) has provided a 600,000 USD grant in-kind to assist the Vietnamese government in the fight against the coronavirus disease (COVID-19) pandemic.
The Asian Development Bank (ADB) has revised its 2020 GDP forecast for Vietnam from 1.8 percent to 2.3 percent following positive signs in public investment and domestic consumption.
HDBank is offering confirmation for letters of credit issued by foreign banks within the framework of the Asian Development Bank (ADB)’s Trade Finance Programme, becoming one of the few banks in Vietnam to provide the service through the ADB programme.
Economic activity in developing Asia is forecast to contract by 0.4 percent this year, an improvement from the -0.7 percent gross domestic product (GDP) growth forecast in September, according to a report released by the Asian Development Bank (ADB).
The Asian Development Bank (ADB) has selected MVV Education’s two technologies, Consultant Anywhere and Everlearn, to implement a COVID-19 business counseling and training programme for 500 women-owned small- and medium-sized enterprises (WSMEs) in Vietnam.
The Asian Development Bank (ADB) has approved a 70 million USD in loan to improve the capacity of agribusinesses in six provinces across Cambodia to process key agricultural products.
Although Vietnamese enterprises continue to do well amidst the COVID-19 pandemic, the Government should devise more drastic measures to remove bottlenecks for them to develop further, according to experts.
Experts have been optimistic about Vietnam’s economic growth in 2021 based on the latest situation, as well as the sound decisions and policies adopted by the Party and Government.
E-commerce offers businesses, especially small and medium-sized enterprises (SMEs), a direct reach to international customers, boosts their sales, speeds up the marketing process and saves costs, experts have said.
Vietnam is one of a few countries worldwide to successfully control the COVID-19 pandemic, creating opportunities to invest in the country and attracting overseas remittances for production expansion.
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