Vietnam, ADB sign deal on emergency grant to aid disaster response Society

Vietnam, ADB sign deal on emergency grant to aid disaster response

Minister of Agriculture and Rural Development Nguyen Xuan Cuong, authorised by the Government, and Country Director of the Asian Development Bank (ADB) Andrew Jeffries on November 24 signed an agreement on the bank’s emergency grant of 2.5 million USD to help Vietnam address natural disasters’ consequences in the central region.
Japan provides Cambodia with over 200 million USD loan for COVID-19 relief World

Japan provides Cambodia with over 200 million USD loan for COVID-19 relief

Japan International Cooperation Agency (JICA) on November 10 signed a loan agreement with the Cambodian government to provide a Japanese Official Development Assistance (ODA) loan of about 240 million USD for the COVID-19 Crisis Response Emergency Support Loan, JICA said in a statement on November 18.
Another section of Hanoi Ring Road No 3 opens to traffic Society

Another section of Hanoi Ring Road No 3 opens to traffic

The Mai Dich - South Thang Long Section of Hanoi’s Ring Road No 3, using ODA loan from the Japan International Cooperation Agency (JICA), was officially opened to traffic on October 11 after two years and four months of construction.
VPBank, Proparco cooperate to promote green credit in Vietnam Business

VPBank, Proparco cooperate to promote green credit in Vietnam

VPBank and Proparco - the private sector financing branch of Agence Française de Développement (AFD) have signed a 50-million-USD loan with the aim of supporting climate-friendly initiatives, green and energy efficient projects, as well as small-and-medium enterprises (SMEs) in the country.
IFC helps Vietnamese bank aid SMEs amid COVID-19 Business

IFC helps Vietnamese bank aid SMEs amid COVID-19

The International Finance Corporation (IFC) – a member of the World Bank Group – will provide another 40 million USD for the Orient Commercial Bank (OCB) to help with the support of COVID-hit clients, especially small and medium enterprises (SMEs).
ADB helps Philippines address COVID-19 crisis World

ADB helps Philippines address COVID-19 crisis

The Asian Development Bank (ADB) and the Philippines have signed a 500 million USD loan to help the country's efforts to mitigate the impact of the COVID-19 pandemic that has taken a heavy toll on the poor.
Philippines sees record high in unemployment rate ASEAN

Philippines sees record high in unemployment rate

Unemployment in the Philippines soared to 17.7 percent in April, equivalent to around 7.3 million jobless Filipinos amid the COVID-19 pandemic, the Philippine Statistics Authority (PSA) announced on June 5.
ADB helps Vietnam boost inclusive growth in secondary towns Business

ADB helps Vietnam boost inclusive growth in secondary towns

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.
ADB loans 300 million USD to BIDV to support Vietnamese SMEs Business

ADB loans 300 million USD to BIDV to support Vietnamese SMEs

The Asian Development Bank (ADB) and the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) on December 12 signed a 300-million-USD loan agreement to support the growth and productivity of small- and medium-sized enterprises (SMEs) in Vietnam.
Consumer finance arms race Business

Consumer finance arms race

Consumer finance companies are offering various promotions to customers, aiming to enlarge their share in an increasingly competitive market.