The Asian Development Bank (ADB) stands ready to provide comprehensive assistance for Ho Chi Minh City’s economic recovery in the short term, as well as its economic development in both medium and long terms.

Given the COVID-19 pandemic, the EU-Vietnam Free Trade Agreement (EVFTA), which entered into force in August 2020, has helped to boost two-way trade and buffer the impact of the economic downturn, according to an article posted on October 13 by The Business Times of Singapore.

Representatives of trade promotion agencies and business communities of India and three countries in the Greater Mekong Sub-region (GMS), namely Vietnam, Thailand and Cambodia, gathered at an online India-Mekong trade connection programme on October 11.

The ADB Ventures - Supporting Impact Startups, a joint project between Vietnam National Innovation Centre (NIC) and the Asian Development Bank (ADB), has been launched, offering US$1 million for Vietnam between 2021 and 2023.

VOV.VN - The nation needs to produce a sure and safe roadmap as it moves to reopen activities, according to Andrew Jeffries, country director of the Asian Development Bank in Vietnam.

VOV.VN - There will be eight groups of tasks and solutions to support economic recovery and development, with a particular focus on maintaining macroeconomic stability, controlling inflation, supporting businesses, and stimulating consumption demand.

An enterprise-bank connecting programme was held virtually on September 27 to introduce and discuss about the US$5 million COVID-19 relief provided by the Women Entrepreneurs Finance Initiative (We-Fi) to support women-led Small and Medium-Sized Enterprises (SMEs).

VOV.VN - A consultation with experts on socio-economic affairs was held in Hanoi on September 27 under the chair of National Assembly (NA) Chairman Vuong Dinh Hue and Vice Chairman Nguyen Duc Hai.

VOV.VN - In its outlook update released on September 22, the Asian Development Bank (ADB) has lowered Vietnam’s economic growth rate for 2021 to 3.8% from the 6.7% projection due to the impact of the COVID-19 pandemic.

The Asian Development Bank (ADB) has approved a US$60 million financing package to improve the climate resilience of transport and water supply infrastructure in south-central coastal provinces of Binh Dinh and Quang Nam, especially in remote upland districts with large ethnic minority communities.