The northern mountainous province of Yen Bai has incorporated and prioritised resources for socio-economic development in ethnic minority and mountainous regions for the 2021-2025 period at a total cost of over 14 trillion VND (608 million USD).
The Asian Development Bank (ADB) has signed a 107 million USD financing project with BIM Wind Power Joint Stock Company (BIM Wind) to assist the operation of an 88 MW wind farm in the south central province of Ninh Thuan.
Country Director of the Asian Development Bank (ADB) in Vietnam Andrew Jeffries has attributed Vietnam’s economic growth in 2022 to a strong performance across sectors.
A 50 million USD loan for Cambodia has been approved by the Manila-based Asian Development Bank (ADB) to support the country’s energy transition programme.
The Asian Development Bank (ADB) said while Vietnam’s economy is performing well amid uncertainties in the global economy, risks to the economic outlook have become elevated.
Foreign experts have appreciated Vietnam’s economic governance policies to help well control the impact of imported inflation, given increasing inflation in many countries around the world.
Principal country economist of the Asian Development Bank (ADB) Nguyen Minh Cuong said on October 27 that Vietnam’s economic recovery in the past nine months was impressive, believing that its mid and long-term growth prospect is bright.
The Lao economy is expected to recover in 2023 thanks to measures to increase new investment and enhance the production of renewable energy and mining activities, according to the Asian Development Bank (ADB).
A project to strengthen sustainable transport for Hanoi’s metro line No.3 was launched in the capital city on October 7, which has an investment of 54.75 million USD, including 48.95 million USD from the Asian Development Bank (ADB)’s Clean Technology Fund (CTF).
Vietnam is ranked 63rd out of 113 global economies in a global ranking of digital environment and support systems for entrepreneurs, a new index developed by the Asian Development Bank (ADB).
Vietnam is ranked 63rd out of 113 global economies in a global ranking of digital environment and support systems for entrepreneurs, according to a new index developed by the Asian Development Bank (ADB).
The Asian Development Bank (ADB) has maintained its favourable economic outlook for Vietnam as it forecasts the country's gross domestic product to expand 6.5% in 2022 and 6.7% in 2023, based on the update of its flagship economic report released on September 21.
An Binh Commercial Joint Stock Bank won for ‘Trade Deal of the Year’ given to banks for outstanding achievements in trade finance at the Asian Development Bank Trade and Supply Chain Finance Programme Awards held in Singapore last week.
A conference announcing an action programme on socio-economic development in the northern midland and mountainous regions between now and 2030 was held on August 27 in Lao Cai province. Prime Minister Pham Minh Chinh chaired the event.
Vietnam is creating favourable conditions for the birth of Asia’s next tech start-up unicorns, according to the Asian Development Bank (ADB) July 2022 report entitled “Vietnam’s Ecosystem for Technology Startups”.
The Asian Development Bank (ADB) has raised its growth forecast for Indonesia to 5.2% this year due to healthy domestic demand and steady export growth.
ADB experts have said growth is being pushed by the continuously broadening trade and the more-than-expected recovery of the production and manufacturing sector. This growth is also coupled with the increasing domestic travel and disbursement of the public investment, trending growth skyward.
Fiscal policies have worked to promote economic growth and control inflation in the first months of this year, Deputy Minister of Finance Vo Thanh Hung said, adding that close watch would be placed on the market to ensure inflation was within the National Assembly’s target.
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