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Vietnam’s central bank hikes interest rates after Fed move

Kim Ngan -
 The State Bank of Vietnam (SBV), the nation’s central bank, has decided to hike key interest rates by one percentage point, with effect from...
News

ADB remains optimistic about Vietnam’s economic rebound

Do An -
HCMC - Vietnam's economy is expected to retain its predicted growth of 6.5% in 2022 and 6.7% in 2023, according to an Asian Development...
Infrastructure

Ben Luc-Long Thanh Expy told to complete site clearance before August 30

Do An -
HCMC – Deputy Prime Minister Le Van Thanh has ordered site clearance be completed by August 30 so as to speed up work on...
News

Vietnam’s public debt totals VND3,500 trillion as of June 2021

Thanh Ha -
HCMC – Vietnam’s public debt, including the central Government’s debt, Government-guaranteed loans and loans of provinces, stood at over VND3,500 trillion as of June...
Financial Markets

VIB secures syndicated loan of US$260 million from ADB, other institutions

Thanh Ha -
HCMC – The Vietnam International Bank (VIB) has successfully secured a syndicated loan worth US$260 million from the Asian Development Bank (ADB) and other...
Infrastructure

Work on VND2.1-trillion road project in Mekong Delta begins

Hong Ngan -
CAN THO – The Transport Ministry, in coordination with the authorities of An Giang Province and Can Tho City today, January 18, broke ground...
Investment

Vietnamese startups offered access to US$1 million venture capital

Minh Tuan -
HANOI - The Vietnam National Innovation Centre (NIC) under the Ministry of Planning and Investment and the Asian Development Bank (ADB) launched a joint...
News

Ministry forecasts Vietnam’s GDP growth this year at 3%-3.5%

Thanh Ha -
HCMC - The Ministry of Planning and Investment has projected the country's gross domestic product (GDP) growth in 2021 at 3%-3.5%, down 0.5 percentage...
News

ADB revises down Vietnam’s 2021 GDP growth forecast to 3.8%

Thanh Ha -
HCMC - The Asian Development Bank (ADB) has revised its forecast for Vietnam’s gross domestic product (GDP) growth this year to 3.8% from 5.8%. Nguyen...
Business

ADB provides US$60 million to improve infrastructure for ethnic minorities

Minh Tuan -
HCMC - The Asian Development Bank (ADB) has approved a financing package worth US$60 million to improve the climate resilience of transport and water...
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