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Vietnam welcomes 6.2 mln foreign arrivals in Jan-Apr, 3.9% above pre-pandemic level

Vietnam welcomed over 6.2 million foreign tourists in the first four months of this year, up 68.3% year-on-year, the General Statistics Office reported.

Travel - Tue, April 30, 2024 | 3:32 pm

Not much value in reducing interest rates in Vietnam: ADB

The Asian Development Bank (ADB) does not see much value in reducing interest rates further in Vietnam, ADB country director for Vietnam Shantanu Chakraborty said at a press conference on Thursday.

Economy - Thu, April 11, 2024 | 2:56 pm

ADB retains Vietnam's GDP growth forecast at 6% for 2024

The Asian Development Bank (ADB) has retained Vietnam's economic growth forecast this year at 6%, the bank said in its April 2024 edition of the Asian Development Outlook (ADO).

Economy - Thu, April 11, 2024 | 9:15 am

Int’l agencies outline transition pathways for Vietnam’s coal-fired power plants

International organizations and financiers have gathered in Hanoi to discuss transition options for a number of coal-fired power plants in Vietnam as the country is moving to meet its net-zero emissions target by 2050.

Energy - Fri, March 29, 2024 | 7:05 am

ADB pledges $3 bln in 2024-2026 assistance to Vietnam

The Asian Development Bank (ADB) is fully committed to supporting Vietnam's long-term development goals, ADB president Masatsugu Asakawa said on Wednesday during his first official visit to Vietnam.

Economy - Wed, March 13, 2024 | 10:52 pm

ADB to step up support for Vietnam’s green transition: president

Masatsugu Asakawa, president of the Asian Development Bank (ADB), pledged continued support for Vietnam’s green transition during a Tuesday visit to the Selex electric motorbike plant in Hanoi.

Companies - Wed, March 13, 2024 | 10:43 pm

ADB plans $2.1 bln to aid Vietnam’s energy transition, climate change adaptation

The Asian Development Bank (ADB) plans to offer technical assistance and $2.1 billion for Vietnam’s climate change adaptation per the country’s Nationally Determined Contributions commitment and energy transition.

Banking - Tue, March 12, 2024 | 11:34 am

Danang signs agreements with USAID, ADB to enhance development cooperation

Danang, a leading beach city in central Vietnam, signed separate memorandums of understanding (MoUs) with the U.S. Agency for International Development (USAID) and the Asian Development Bank (ADB) Friday to beef up their development cooperation.

Economy - Fri, January 26, 2024 | 11:24 pm

Vietnam eyes 23 loans worth $4 bln from ADB for 2024-2026

The Ministry of Finance has urged the Asian Development Bank (ADB) to continue its cooperation with Vietnamese authorities to boost the process of loan signings, as the lender’s 2024-2026 portfolio features 23 projects in Vietnam worth $4 billion.

Economy - Tue, January 23, 2024 | 2:08 pm

$254 mln wind power project generates annual ‘positive impacts’ worth $14 mln: ADB

The 144-megawatt, $254.2 million Lotus Wind Power project has contributed $89.6 million to Vietnam’s GDP during construction and generated benefits of $13.9 million annually since it became operational.

Energy - Sat, January 20, 2024 | 3:31 pm

BII, ADB launch $100 mln green trade finance partnership for Asia, including Vietnam

British International Investment (BII), the UK government’s development finance institution and impact investor, and the Asian Development Bank (ADB) on Thursday announced a new partnership to finance up to $100 million of green trade transactions in the Asia-Pacific region.

Finance - Fri, January 19, 2024 | 10:49 am