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Vietnam’s local currency bond market returns to upward trend in Q1

Vietnam’s local currency (LCY) bond market reached a size of VND1,193 trillion (US$51 billion) at the end of March, up a marginal 0.7% quarter-on-quarter, a reversal from the 5% quarter-on-quarter contraction in the last quarter of 2018.

 

ADB, WB promote online bidding in Vietnam

 The ADB and the WB have decided to use the Vietnam National E-Procurement System to implement online bidding for bidding packages that are widely competitive in the field of construction and goods.

How will the Vietnam economy be in 2018?

ADB (Asian Development Bank) has predicted a 6.8 percent GDP growth rate for Vietnam in 2018, a figure which is much higher than the average growth rate in the region.

Chinese capital flows to Vietnam’s infrastructure projects

VietNamNet Bridge - The proposed Long Thanh Airport as well as many other huge infrastructure projects are attracting many Chinese investors.

Vietnam urged to prepare for no-ODA period

VietNamNet Bridge - Vietnam needs to draw up a long-term plan to stop receiving ODA within 15-20 years, experts say. As of June this year, it is no longer receiving preferential loans from WB.

Is GDP an important index to measure economic development?

VietNamNet Bridge - GDP is usually considered an important factor that shows the health of the economy in Vietnam.

Is Vietnam spending too much on infrastructure?

VietNamNet Bridge - Statistics show that Vietnam is among Asia’s biggest spenders on infrastructure. 

Economists: Vietnam should be cautious about loans from AIIB

Although the offered low-cost loans from AIIB (Asian Infrastructure Investment Bank) are very attractive, economists say Vietnam needs to think carefully before borrowing money.

The ‘dragon fish’ threat

VietNamNet Bridge - While Vietnam has seen a ‘whirlwind’ of goods from ASEAN countries and China, Vietnamese enterprises still have not found effective solutions to conquer the vast ASEAN market of 1.9 billion consumers.

Experts propose to develop waterways instead of pouring money into roads

VietNamNet Bridge - Waterway transport has not been fully exploited, even though Vietnam has 3,200 kilometers of coastline, 6,500 kilometers of river, 126 river ports, and 2,300 passenger and 4,800 cargo loading berths. 

Vietnam learns to live without ODA

VietNamNet Bridge - Relending ODA (official development assistance) capital instead of allocating capital is one of the methods Vietnam could use the capital source more effectively as ODA for Vietnam will be cut in the near future.

Economic forecasts paint rosy future for VN

 Vietnam’s economy is forecast to continue bouncing back thanks to rises in foreign investment, consumer confidence, and credit growth.

ADB cuts Asian growth forecasts as China and India slow

 The Asian Development Bank has lowered its growth forecasts for Asia's developing economies on the back of slowing growth in both China and India.

HCM City wants to borrow $900 million to build sewage treatment plants

 VietNamNet Bridge - HCM City will have 12 sewage treatment plants by 2020, up from its current two. The city wants to borrow nearly $900 million from the Asian Development Bank (ADB) to build four more plants.

Deputy PM busy at East Asia forum

Deputy Prime Minister Nguyen Xuan Phuc has successfully concluded his Indonesia visit to attend the 24th World Economic Forum (WEF) on East Asia on April 20-21 at the invitation of WEF President Klaus Schwab.

Vietnam, ADB sign loans for reforms, Hanoi metro line

The Vietnamese Government and the ADB have signed two loan agreements totalling nearly 234 million USD to support reforms to strengthen the country’s competiveness and to help deliver a sustainable urban transport system in Hanoi.

Foreign institutions predict high economic performance for Vietnam in 2015

The most prestigious financial institutions believe that Vietnam's economy will see a strong recovery in 2015 and that the drop in crude oil prices, though lowering revenue for the state, will help foster production and consumption.

National strategy on pharmaceutical industry launched

Central, southern localities brace for typhoon Hagupit; National strategy on pharmaceutical industry launched; ILO announces top three ‘Business Plan’ winners; Ten outstanding Vietnamese students receive Honda Y-E-S Award

ADB aids forest management

Traffic police officer faces investigation; VN, Japan work on living environments; US servicemen's remains repatriated; Measures taken to stop plague outbreak; Four detained following heroin bust; ADB aids forest management

Vietnam economy edging in positive direction

 VietNamNet Bridge – International institutions and media have recently reported on the positive outlook of Vietnam’s national economy and brighter prospects in 2015.