Japan, China, RoK enhance banking cooperation with ASEAN World

Japan, China, RoK enhance banking cooperation with ASEAN

Government-backed development banks of Japan, China and the Republic of Korea (RoK) have signed an agreement with public and private financial institutions in Southeast Asia to meet growing demand for infrastructure projects in the fast-growing region.
WWF report warns ASEAN banks World

WWF report warns ASEAN banks

A new World Wild Fund for Nature (WWF) report finds that ASEAN’s biggest banks are increasingly aware of the impact their businesses have on the environment and society, but are slow to act on the huge potential they hold in addressing climate change and financing sustainable food, energy and infrastructure systems in the region.
Sixth GEF Assembly to take place in Da Nang Environment

Sixth GEF Assembly to take place in Da Nang

The sixth Assembly of the Global Environment Facility and related meetings will take place in the central city of Da Nang from June 23-29, said the Office of the Vietnamese Ministry of Natural Resources and Environment.
ASEAN moves forward with connectivity master plan ASEAN

ASEAN moves forward with connectivity master plan

The Master Plan on ASEAN Connectivity (MPAC) 2025 Initiative and Project Concepts Forum and the 8th ASEAN Connectivity Symposium took place in Alabang, the Philippines, from July 12-14, according to Vietnam’s delegation to ASEAN.
Building on seventy years of ESCAP’s success World

Building on seventy years of ESCAP’s success

UN Under-Secretary-General and Executive Secretary of ESCAP Shamshad Akhtar argues that the organisation's 70th anniversary is an opportunity to reflect on the Commission's achievements, challenges.
Vietnam aims to accelerate ODA disbursement in 2014 Business

Vietnam aims to accelerate ODA disbursement in 2014

The National Steering Committee for ODA and Preferential Loans and the Ministry of Planning and Investment have jointly organised a conference seeking ways to speed up disbursement for ODA- related projects.

The total amount of ODA disbursed in 2013 reached 5.137 billion USD, of which 4.686 billion USD was ODA loans and concessional loans and 451 million USD was non-refundable aid.
ASEAN

Global Monitoring Report hails progress in Lao education

The enrolment rate in primary schools for children in the target age group in Laos has risen to 95.2 percent in 2012 compared to 79 percent in 2000, the Lao news agency KPL reported, citing figures from the Global Monitoring Report on Education for All 2012.
G-20 prioritises protecting economic recovery Politics

G-20 prioritises protecting economic recovery

The Group of the world’s 20 leading industrial and major developing countries agreed to prioritise protecting and reinforcing the current economic recovery to lay the foundations for robust, sustainable and balanced growth as well as safeguarding financial institutions against risks.
Business

Undercapitalised banks face closure

Commercial banks and other credit institutions which do not have plans to increase charter capital to regulated higher levels by the end of this year will be closed down – or required to merge or be acquired by a larger institution, according to a message issue by the State Bank of Vietnam on May 11.