VN needs a credible local rating agency as reforms drive demand There is an urgent need for a credible domestic rating agency in Việt Nam to promote the orderly development of a healthy and sustainable bond market, according to a recent report by the Asian Development Bank (ADB).

ADB and Phú Yên sign Việt Nam’s first certified green loan for 257 MW solar power project

The Asian Development Bank (ADB) and Phú Yên TTP Joint Stock Company (Phú Yên JSC) on Friday signed a US$186 million loan to develop and operate a 257 megawatt (MW) solar power plant in the southern province of Phú Yên’s Hòa Hội, through the country’s first certified green loan.

Improving sentiment lifts emerging East Asian bonds The improvement of global investment sentiment and financial conditions has provided a much-needed lift for local currency bond markets in emerging East Asia, including Việt Nam, despite risks from the COVID-19 pandemic, according to the latest issue of the Asian Development Bank’s (ADB) Asia Bond Monitor.

Regional financial co-operation vital in the fight against COVID-19 Regional and financial co-operation are crucial to strengthen the coordination and respond to the impacts of the COVID-19 pandemic and support a sustained economic recovery, participants agreed at a meeting held Friday in Hà Nội.

Citi Steps Up Its Commitment to Youth Employment, Skills Development and Innovation across Asia Pacific Citi Steps Up Its Commitment to Youth Employment, Skills Development and Innovation across Asia Pacific

PM Phúc meets RoK’s FM and ADB Vietnam chief

Prime Minister Nguyễn Xuân Phúc has urged the Republic of Korea (RoK) to reduce, remove binding conditions for official development assistance loans, concessional loans, and expand non-refundable aid to Việt Nam.

Việt Nam's GDP revised down to 1.8% in 2020: ADB outlook Việt Nam's economic growth would bounce back in 2021 if the country successfully controls the COVID-19 spread.

Central city calls for $2 billion investment in 2021-25

Đà Nẵng has called for total investment of VNĐ47.5 trillion (US$2 billion) from the State Budget and foreign sources for the development of 38 projects between 2021-25, focusing on transport and traffic.

Việt Nam seeks new ADB loan for HCM City metro project The Government has asked the Asian Development Bank (ADB) for a loan of approximately US$1 billion to ensure capital supply for the Bến Thành-Suối Tiên metro project, HCM City’s second metro line.

Young people suffer most from the loss of employment in COVID-19

The number of unemployed youths in Việt Nam may double this year, while the employment prospects of 663 million young people in Asia and the Pacific face challenges as a result of COVID-19 pandemic.