The Association of Southeast Asian Nations (ASEAN) is emerging and playing a central role in the region, thus looking to converge Mekong sub-regional cooperation with its development goals, according to Deputy Minister of Foreign Affairs Nguyen Quoc Dung, head of the SOM ASEAN Vietnam.
The Asian Development Bank (ADB) recently forecast that Vietnam’s economic growth this year would be 4.1%, 0.7% points lower than its April estimate but still the highest expected in Southeast Asia.
Ho Chi Minh City appreciates contributions of the Asian Development Bank (ADB) to its socio-economic development, and always considers the bank an important development partner, a municipal leader has said.
Delegates at a video seminar in Hanoi on May 13 shared views on the significance of the draft public-private partnership (PPP) law in the context of increasing demand for resources and limited State budget funds.
Like many other countries across the world, Vietnam has been badly affected by the COVID-19 pandemic. However, experts still forecast a positive prospect for the Vietnamese economy after the pandemic is stamped out.
VOV.VN - The Asian Development Bank (ADB) released its Asian Development Outlook 2020 on April 3, outlining in their analysis that the Vietnamese economy remains one of the fastest growing in all of Asia, despite enduring a sharp slowdown as a result of the novel coronavirus (COVID-19) pandemic.
VOV.VN - The Asian Development Bank (ADB) is ready to provide Vietnam with timely and flexible support for the Government’s response to the COVID-19 pandemic.
Despite serious blows from the the global health epidemic, Vietnam’s lowered economic growth this year is nevertheless expected to remain far higher than that of regional nations due to its great efforts to create a business-friendly climate, and the knock-on implications of free trade agreements.
The Green Climate Fund (GCF) has approved a non-refundable aid worth US$30.2 million to help Vietnam enhance climate resilience, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam is forecast to lose some 0.41% of GDP due to the novel coronavirus (COVID-19) outbreak, according to the latest report by the Asian Development Bank (ADB).
As Vietnam is estimated to need an average of 210 billion USD for infrastructure per year through 2030 to meet its development targets, an Asian Development Bank (ADB) expert suggested the country should adopt new approaches to get the huge capital.
The Asian Development Bank (ADB) has approved an extra US$2 million in aid to help Vietnam and other developing countries in the Asia–Pacific region to contain the coronavirus outbreak.
Vietnam should prioritize official development assistance (ODA) for its financial sector so that State-owned enterprises managing important projects can access affordable financing, according to an expert with the Asian Development Bank.
The Asian Development Bank (ADB) has signed a 37.8 million-USD loan deal with TTC Energy Development Investment JSC (TTC Energy) to provide long-term financing to develop and operate a 50-MW photovoltaic solar power plant in the southern province of Tay Ninh.
The Asian Development Bank (ADB) has recently signed a US$37.8 million loan deal with TTC Energy Development Investment JSC to provide long-term financing to develop and operate a 50-megawatt (MW) photovoltaic solar power plant in the southern province of Tay Ninh.
Vietnam this year set a record in newly established enterprises, with 138,100 units in all economic sectors, according to the General Statistics Office (GSO).
The Asian Development Bank has revised up its forecast of Vietnam’s GDP growth for 2019 and 20202 from 6.8 percent to 6.9 percent and 6.7 percent to 6.8 percent, respectively, in contrary with projections for Asia.
Vietnam has offered a very high price for solar power to attract investment in this energy segment, but the country now has to recalculate the pricing to ensure sustainable development for this renewable energy.
VOV.VN - In a supplementary edition of the Asian Development Outlook 2019 Update (ADOU2019) published on December 11, the Asian Development Bank (ADB) has revised its GDP growth forecast for Vietnam from 6.8 per cent to 6.9 per cent for the year, and from 6.7 per cent to 6.8 per cent for 2020.
After months of uncertainty over the policy, the much awaited next round of purchase prices in solar power may be set through auction instead of enjoying the same feed-in tariff required elsewhere. The auction method may set the country up for greater clarity and fewer investor risks in the sector.