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ADB slashes Vietnam’s 2023 growth forecast to 5.2%

HCMC - The Asian Development Bank (ADB) has adjusted Vietnam's growth projection for 2023 to 5.2%, down from the previous estimate of 5.8%. However, the...

VinFast receives US$135m of ADB-led green financing

HCMC – Vietnamese electric vehicle (EV) manufacturer VinFast has received a US$135 million financing package from the Asian Development Bank (ADB) to manufacture Vietnam’s...

Vietnam’s central bank hikes interest rates after Fed move

 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...

ADB remains optimistic about Vietnam’s economic rebound

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...

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

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...

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