The Vietnamese GDP will sustain the ninth-largest impact from the COVID-19 among developing countries in Asia, according to the ADB.

Ho Chi Minh City sent a proposal to the relevant ministries to increase the investment capital and construction time for a component project of Metro Line No.2.

An ADB expert's projection that Vietnam will need to invest US$110 billion in infrastructure development between 2021 and 2025 has led PM Nguyen Xuan Phuc to order relevant ministries to look into it in earnest.

The Asian Development Bank (ADB) has approved an extra US$2 million in aid to help Vietnam and other developing countries in the Asia–Pacific region to contain the coronavirus outbreak.

As Vietnam is estimated to need an average of US$210 billion for infrastructure per year through 2030 to meet its development targets, an ADB expert suggested the country should adopt new approaches to get the huge capital.

The Asian Development Bank (ADB) has approved $2 million in new funding to support efforts to combat the spread of the novel coronavirus (nCoV).

The ADB has signed a 37.8 million-USD loan deal with TTC Energy Development Investment JSC (TTC Energy) to provide long-term financing to develop and operate a 50-MW photovoltaic solar power plant in Tay Ninh.

The project will serve the energy demand of residents and businesses of Ho Chi Minh City and its surrounding areas.

The Asian Development Bank has revised up its forecast of Vietnam’s GDP growth for 2019 and 20202 from 6.8 percent to 6.9 percent and 6.7 percent to 6.8 percent, respectively, in contrary with projections for Asia.

The Asian Development Bank (ADB) has trimmed its forecasts for economic growth in developing Asia this year and next year as growth inChina and India is weighed down by both external and domestic factors.

 Deputy PM Truong Hoa Binh delivered a keynote speech at a high-level session of the 10th Regional Conference of the Anti-Corruption Initiative for Asia-Pacific in Hanoi on December 6.

Vietnam continued to have the smallest local currency (LCY) bond market in emerging East Asia, with outstanding bonds of VND1.2777 quadrillion (US$55.1 billion) at the end of September.

This expansion was due mainly to a 4% on-quarter growth in government bonds to US$51 billion as the central bank increased issuance of bills.

An expert at the Asian Development Bank (ADB) has recommended several ways to help transform HCMC into a financial center.

State-owned enterprises (SOEs) face unique challenges when it comes to attracting foreign financing for infrastructure projects. But there are solutions.

The supporting industries are having fresh opportunities amid the inflow of foreign capital and orders into Vietnam. However, local enterprises have to overcome multiple challenges to be able to take advantage of such opportunities.

Experts at the Asian Development Bank have suggested a number of short- and long-term measures to improve agricultural wholesale markets in Vietnam, and thus help develop more efficient production and marketing systems.

Vietnam is boosting attraction of investment through public-private partnerships. 

The Vietnamese government is trying to lure investors to the country’s infrastructure development projects amid limited public funding and experts believe the investors will come if the government can create a sound legal and regulatory environment.

Vietnam’s growth is exceeding expectations, prompting economists and researchers to revise forecasts for the nation in the near term, while remaining cautious due to fears of a global economic recession.