Vietnamplus

Vietnam is on track to reach its 6.6-6.8 percent growth target this year. However, the country needs to remain cautious about external risks.

Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong received a delegation of the new heads of Vietnam’s overseas representative agencies for 2019-2022 on October 4.

The Asian Development Bank (ADB) on October 2 signed a 37 million USD loan agreement with Da Nhim–Ham Thuan–Da Mi Hydro Power JSC to finance the installation of a 47.5 MWp floating photovoltaic (PV) solar power facility on the man-made reservoir of DHD’s existing Da Mi hydropower plant.

Thailand’s Monetary Policy Committee (MPC) has reduced its economic growth forecast for the country from 3.3 percent to 2.8 percent in 2019 and from 3.7 percent to 3.3 percent in the next year.

The Asian Development Bank (ADB) has revised down its forecast on economic growth in Southeast Asia to 4.5 percent compared with a previous forecast of 4.8 percent and from last year's 5.1 percent pace.

The Asian Development Bank (ADB) has predicted that Vietnam’s economy will maintain healthy growth in 2019 and 2020 at 6.8 percent and 6.7 percent, respectively, after growing robustly at 7.1 percent last year.

Vietnam is leading ASEAN in terms of the percentage of working women in total employment, according to a report by the ADB and OECD.

To develop financial technology, a comprehensive legal framework and cooperation between banks and fintech businesses are required, experts told a conference organised by the State Bank of Vietnam (SBV) and Asian Development Bank (ADB) in Ho Chi Minh City on September 10.

HDBank has recently been awarded the Green Deal Award by the Asian Development Bank in Singapore, making this the first time a Vietnamese participating financial institution of ADB has won this award.

Tourism in Vietnam and other countries in the lower part of the Mekong River such as Myanmar, Cambodia, Laos and Thailand has been booming in recent years, which is expected to help Vietnam draw investment from diverse sources both at home and abroad.

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.

Business leaders and economic experts discussed how an open economy like Vietnam should deal with risks and impacts in the wake of international economic and technological upheavals at a business forum themed “Navigating the digital age” held by Forbes Vietnam in HCM City on August 15.

Agreements for the Second Greater Mekong Sub-region (GMS) Tourism Infrastructure for Inclusive Growth Project were signed on August 15 between the Asian Development Bank (ADB) and the provincial People’s Committees of Hoa Binh, Nghe An, Quang Binh, Quang Tri and Thua Thien-Hue.

Technology solutions in the fields of big data, artificial intelligence, financial outreach and cyber security are the focus of the second Fintech Challenge Vietnam (FCV), which was launched in Hanoi on August 13.

Prime Minister Nguyen Xuan Phuc on August 1 said that the national socio-economic situation experienced positive changes in July.

The Mekong Delta province of Dong Thap has earmarked over a trillion of VND on the construction and upgrade of structures designed to prevent erosion along Tien and Hau riverbanks, helping minimise losses caused by natural disasters.

The Asian Development Bank (ADB) has recently reduced its economic forecast for the Philippines to 6.2 percent this year from the previous 6.4 percent.

The Southeast Asian region is likely to record an economic growth rate of 4.8 percent this year and 4.9 percent in 2020, according to the Asian Development Bank (ADB).

The Asian Development Bank (ADB) retained its growth projections for Vietnam at 6.8 percent for 2019 and 6.7 percent for 2020 in a report released on July 18.

The Vietnam Academy of Social Sciences (VASS) and the Asian Development Bank held a seminar in Hanoi on July 17, discussing the development of high-quality workforce for Vietnam’s sustainable development.