Deputy Prime Minister Truong Hoa Binh hosted a reception for Deputy Secretary General of the Organisation for Economic Cooperation and Development (OECD) Jeffrey Schlagenhauf in Hanoi on December 6.
Bidding for electricity projects instead of using the feed-in tariff price mechanism would make Vietnam's electricity more transparent and offer cheaper consumer power prices, experts said at a conference in Hanoi on November 27.
VOV.VN - Vietnam’s local currency bond market during the third quarter of 2019 peaked at US$55.1 billion in paper outstanding, increasing by 3.4 percent on quarter and 1.9 percent on year in local currency terms, the Asian Development Bank (ADB) noted on November 20.
An expert at the Asian Development Bank (ADB) has recommended several ways to help transform HCMC into a financial center, including developing a comprehensive legal framework, creating a solid market infrastructure and ensuring monetary policy independence.
The International Finance Corporation (IFC) and the Asian Development Bank (ADB) pledged to provide further support for Vietnam while meeting with Politburo member and Chairman of the Party Central Committee’s Economic Commission Nguyen Van Binh in Hanoi on November 7.
Vietnam is boosting attraction of investment through public-private partnerships. Donald Lambert, principal private sector development specialist, and Sanjay Grover, public-private partnership specialist from the Asian Development Bank, write about the solutions to ensure this type of funding is carried out correctly in Vietnam.
The Vietnamese government is trying to lure investors to the country’s infrastructure development projects amid limited public funding and experts believe the investors will come if the government can create a sound legal and regulatory environment.
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.
Over the past 10 years, the interest rates of successfully-issued Government bonds (G-bonds) have decreased significantly, saving thousands of billions of VND for the State budget, contributing to regulate and stabilise the macroeconomy.
VOV.VN - Vietnam’s economy is forecast to maintain healthy growth in 2019 and 2020 at 6.8 per cent and 6.7 per cent, respectively, after growing robustly at 7.1 per cent last year, the Asian Development Bank (ADB) said in an update of its flagship annual economic publication launched on September 25.
Vietnam’s local currency bond market grew 2.6 percent to 52.9 billion USD in the second quarter of this year, after a 0.7 percent expansion in the first quarter.
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.
Having balanced representation in the public sector can contribute to more equal public policies and outcomes, stated ADB and OECD joint report.
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.
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.
VOV.VN - VinaCapital investment fund, in cooperation with ADB Ventures will pilot an investment scheme worth up to US$500,000 for excellent financial technology (fintech) solutions that could provide a boost to financial universalization in Vietnam.
Many projects on climate change response carried out with the support of international organisations in the southern central province of Ninh Thuan have generated positive outcomes, according to local authorities.
VOV.VN - After a decade, Vietnam remains the fastest growing economy in Southeast Asia and has recorded impressive economic growth results, according to a new Asian Development Bank report released on July 18.
VOV.VN - The Vietnam Academy of Social Sciences in collaboration with the Asian Development Bank and a group of consultants, hosted a workshop in Hanoi on July 17 to discuss high-quality human resource training for Vietnam’s sustainable development.
Hanoi plans to borrow $1.48 billion from official development assistance funds (ODA) to build a metro section in 2021.