Despite external uncertainties, Vietnam's economy shows resilience, with the Asian Development Bank (ADB) maintaining a positive outlook. Domestic demand, public investment, and potential policy shifts are key factors to watch, but structural weaknesses need addressing to ensure sustainable growth.
$3 billion to be provided to 23 projects in Vietnam in the 2023-2026 period on top of its $18 billion to date, ADB President tells celebrations on March 13.
The Hanoi People’s Committee held a breaking ground ceremony on October 7 for the “Strengthening sustainable urban transport for Hanoi’s metro line No. 3 project”, with total investment of nearly $55 million coming from loans from the Clean Technology Fund (CTF), the Asian Development Bank (ADB), and reciprocal capital. The project will help Hanoi strengthen the development of a multi-modal public transport network.