Tag: adb

Under the agreement, the Asian Development Bank will provide a $6-million loan to expand the Bau Bang water treatment plant in Ho Chi Minh City.

The new grant from ADB will support wider government efforts to deliver immediate humanitarian relief

Loan to support the development and operation of solar PV systems on rooftops of commercial and industrial businesses around Vietnam.

Though Vietnam’s economy is performing well amid uncertainties in the global economy, risks to its outlook have become elevated.

Loan to support building and running a compost plant and waste-to-energy (WTE) facility in southern province.

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.

Central Thua Thien-Hue province and the Asian Development Bank (ADB) have signed an MoU under which the latter will support the former in developing a sustainable and inclusive economy and promoting the development of the digital economy and society.

In its latest report, the Asian Development Bank (ADB) lowered its Asia growth forecast to 4.6 per cent but kept its forecast for Vietnam’s economic growth at 6.5 per cent in 2022 and 6.7 per cent in 2023. Its forecast for Vietnam’s inflation rate is also unchanged from April, at 3.8 per cent in 2022 and 4 per cent in 2023.

The government bond and corporate bond segments are both growing rapidly and had boosted Vietnam’s local currency bond VET online - VET Chuyên mục khác Tiêu đề [8] ADB: Government bonds and corporate bonds growing quickly market to $91.5 billion by the end of December. Annual growth is up to 25.5 per cent, according to the Asian Development Bank (ADB).

The Asian Development Bank (ADB) and the Vietnam International Bank (VIB) have announced a three-year $260 million syndicated loan agreement to improve access to finance for SMEs and individual entrepreneurs. VIB will also implement a technical support program for female entrepreneurs, with a budget of $500,000. This is ADB’s first technical assistance provided to a Vietnamese bank to promote women’s entrepreneurship.

The Asian Development Bank (ADB) has signed a $15 million equity investment in the Asian Rainforest Fund No. 2 (TAFF2), which supports sustainable forestry practices in Southeast Asia. Vietnam will then have more financial resources for afforestation and forestry development.

The Asian Development Bank (ADB) has signed a $25 million loan with the Tien Phong Commercial Joint Stock Bank (TPB) to enhance access to finance by women-owned small and medium-sized enterprises (WSME) around Vietnam. The project also received co-financing of $25 million from the German Development and Investment Fund (Deutsche Investments-und Entwicklungsgesellschaft mbH - DEG).

The size of the economic support package from the State budget is only equal to less than 3 per cent of GDP and should be raised to 5-7 per cent, Mr. Nguyen Minh Cuong, Chief Economist at the Asian Development Bank (ADB) in Vietnam, has said, in order to meet the needs of the country’s economy and to post positive results in economic development.

The Asian Development Bank (ADB) has sponsored $1 million to Vietnam for the implementation of the “Supporting innovative start-ups” project in 2021-2023. This will help innovative businesses and startups access aid and investment capital to grow their business.

The Asian Development Bank (ADB) has approved a $58 million loan to improve the climate change resilience of transport and water supply infrastructure in south-central Binh Dinh and central Quang Nam provinces. It is expected that about 243,000 people, including 126,300 from ethnic minority groups, will benefit from the project.

After many delays, an ODA project connecting traffic in the three provinces of Lai Chau, Lao Cai, and Yen Bai with the Noi Bai - Lao Cai Highway will begin construction in October. The project is funded by the Asian Development Bank and the Australian Government, with total capital of VND5.34 trillion ($233.44 million).

The Asian Development Bank (ADB) has approved $4.6 million worth of technical assistance (including $2.7 million from the Canadian Government and $1.9 million from the Australian Government) to help Vietnam strengthen public-private partnerships (PPPs) and private sector development while innovating State-owned enterprises (SOEs).