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Vietnam’s local currency bond market hits US$55.1 billion

Vietnam’s local currency bond market hits US$55.1 billion

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.

ADB expert identifies ways to make HCMC a financial hub

ADB expert identifies ways to make HCMC a financial hub

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.

IFC, ADB pledge to continue support for Vietnam

IFC, ADB pledge to continue support for Vietnam

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.

Markers for a structured law on public-private partnerships

Markers for a structured law on public-private partnerships

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.

Interest rates of G-bonds plunge in 10 years

Interest rates of G-bonds plunge in 10 years

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.

ADB forecasts Vietnam’s economy to grow at 6.8 per cent in 2019

ADB forecasts Vietnam’s economy to grow at 6.8 per cent in 2019

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 bond market continues growth

Vietnam’s bond market continues growth

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.

Fintech needs improved legal framework: experts

Fintech needs improved legal framework: experts

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.

HDBank receives green finance award

HDBank receives green finance award

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.

ADB helps Vietnam boost inclusive growth in secondary towns

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.

US$500,000 on offer for excellent fintech solutions

US$500,000 on offer for excellent fintech solutions

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.

Ninh Thuan applauded for climate change response efforts

Ninh Thuan applauded for climate change response efforts

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.