Vietnam's increased demand for infrastructure development in the coming years requires governmental policies that encourage the private sector's participation, said economists and policymakers.
The Asian Development Bank (ADB) and Switzerland have signed a cofinancing agreement of up to US$5 million to develop financial technologies (fintech) that can help address low financial inclusion in Vietnam, particularly among small and medium-sized enterprises (SMEs).
The Southeast Asia Commercial Joint Stock Bank (SeABank) said on April 3 that the Asian Development Bank (ADB) has doubled the trade finance limit to US$60 million, and increased the US$5 million limit of the revolving loan for the bank to US$10 million.
VOV.VN - With this year seeing Vietnam’s GDP growth rate reach a 11-year record high of 8.02%, the local economy has made an impressive recovery amid global uncertainties, according to insiders.
The Asian Development Bank (ADB) has signed a US$107 million financing project with BIM Wind Power Joint Stock Company (BIM Wind) to assist the operation of an 88 MW wind farm in the south central province of Ninh Thuan.
Country Director of the Asian Development Bank (ADB) in Vietnam Andrew Jeffries has attributed Vietnam’s economic growth in 2022 to a strong performance across sectors.
VOV.VN - The Asian Development Bank (ADB) has raised its economic growth forecast for Vietnam this year to 7.5%, despite regional and global gloom, the bank said in a regular supplement to the Asian Development Outlook (ADO) 2022 released on December 14.
VOV.VN - The number of international visitors to the nation exceeded 2.35 million during ten-month period, a 18.8-fold rise compared to the same period from last year, according to data released on October 29 by the General Statistics Office.
VOV.VN - The Vietnamese economy has recorded an impressive recovery over the past nine months, and the Asian Development Bank (ADB) is confident of the country’s bright prospects for its medium- and long-term growth, said Nguyen Minh Cuong, chief economist of ADB Vietnam, on October 27.
VinFast, the first Vietnamese electric vehicle (EV) manufacturer, said on October 24 that it has received a US$135 million climate financing package from the Asian Development Bank (ADB) to manufacture Vietnam's first fully-electric public transport bus fleet and national EV charging network.