ADB to support sanitary products for women, kids in Vietnam, Thailand, Malaysia

By Tri Duc
Tue, December 6, 2022 | 4:00 pm GMT+7

The Asian Development Bank signed a €20 million euro ($21 million) loan with Hayat Kimya Vietnam Company Ltd. Monday to support the ongoing construction of a manufacturing facility for baby diapers, wet wipes, and women’s hygiene pads in Vietnam.

ADB’s support will help Hayat Kimya continue empowering women and improving their health and education. Photo courtesy of Hayat Kimya.

ADB’s support will help Hayat Kimya continue empowering women and improving their health and education. Photo courtesy of Hayat Kimya.

The project aims to expand consumer choices and improve the affordability of these products, which will also be exported to Malaysia and Thailand. An additional loan of €15 million ($15.82 million) was issued by Deutsche Investitions- und Entwicklungsgesellschaft mbH.

“Proper menstrual health management and childcare sanitation is crucial for women, and yet they not only lack access to hygiene products but also face stigma often linked to menstruation,” said director general of ADB's Private Sector Operations Department Suzanne Gaboury.

“Our support will help Hayat Kimya to continue empowering women and improving their health and education, leaving them in a better position to share in the country’s rising prosperity.”

In Vietnam, it is estimated that only 43% of women have access to sanitary pads while only 52% of mothers use diapers for their infants. At the same time, Vietnam has one of the highest female labor force participation rates in the world. Even so, most working women still have a primary responsibility for house, child, and elderly care duties.

ADB will also help Hayat Kimya develop a gender-inclusive action plan that includes promoting gender equality in their branding and marketing, implementation of an awareness campaign about the benefits of hygiene products, and development of a gender-inclusive corporate framework including anti-sexual harassment policies and career development programs for female professionals.

The company also aims to open an internship program for female graduates in science, technology, engineering, and mathematics.

This project has qualified for a 2x gender financing rating, a challenge launched at the G7 summit in 2018 to encourage gender lens investing among development finance institutions.

“We believe that everyone has the right to access quality sanitation products and we work for this vision. Especially in a region like Southeast Asia and particularly in Vietnam, where women are extremely active in both home and business life. It inspires us to know that we add comfort to their lives,” said Hayat’s vice president of finance Hüseyin Okur.

Hayat Kimya is a wholly owned subsidiary of Hayat Kimya Sanayi, the world’s fourth-largest branded baby diaper manufacturer, was established over 50 years ago in Türkiye. The company owns 16 brands across multiple consumer product categories. It operates 21 manufacturing facilities, has 9,000 employees globally, and is among Türkiye’s top 50 industrial entities.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.

Comments (0)
  • Read More
Online purchase below VND2 mln may be exempt from Vietnam import tax

Online purchase below VND2 mln may be exempt from Vietnam import tax

The Vietnamese Ministry of Finance has proposed exempting goods purchased through e-commerce platforms worth no more than VND2 million ($78) from import tariff, with an annual purchase limit of VND96 million ($3,781).

Finance - Sun, February 16, 2025 | 8:00 am GMT+7

Malaysia expected to remain magnet for FDI

Malaysia expected to remain magnet for FDI

Malaysia’s foreign direct investment (FDI) is expected to remain robust in the long term, but there could be repercussions in the short term as investors hold back on their investment decisions amid heightened global uncertainties.

Southeast Asia - Sat, February 15, 2025 | 9:01 pm GMT+7

Laos to build $1.9 bln wind power plant to export electricity to Vietnam

Laos to build $1.9 bln wind power plant to export electricity to Vietnam

The Lao Government and Chitchareune Construction - a Lao builder will jointly build the 1,200 MW Nong wind power plant, with an investment of $1.9 billion, to export electricity to Vietnam.

Energy - Sat, February 15, 2025 | 8:46 pm GMT+7

Malaysia needs more funding for semiconductor sector

Malaysia needs more funding for semiconductor sector

Malaysia needs more funding for the implementation of the National Semiconductor Strategy (NSS) to enhance its competitiveness with neighboring countries, said Penang Chief Minister Chow Kon Yeow.

Southeast Asia - Sat, February 15, 2025 | 4:31 pm GMT+7

Thailand considers easing rules on income from overseas

Thailand considers easing rules on income from overseas

Thailand’s government is considering easing personal income tax rules for individuals’ overseas income to encourage the remittance of those funds back into the country, said a senior official.

Southeast Asia - Sat, February 15, 2025 | 4:29 pm GMT+7

Nissan to close factory in Thailand

Nissan to close factory in Thailand

Japanese automaker Nissan has announced plans to close one of its two automobile factories in Thailand this year, following the collapse of merger talks with Honda.

Southeast Asia - Sat, February 15, 2025 | 4:10 pm GMT+7

Vietcombank leads Vietnamese banks in 2024 pre-tax profit

Vietcombank leads Vietnamese banks in 2024 pre-tax profit

Vietcombank reported a pre-tax profit of VND42.2 trillion ($1.66 billion) last year, ranking as the most profitable Vietnamese lender, according to the Vietnam Banking Association (VNBA).

Banking - Sat, February 15, 2025 | 4:04 pm GMT+7

Vietnam's leading trade firm Hapro appoints new general director

Vietnam's leading trade firm Hapro appoints new general director

Hanoi Trade Corporation (Hapro), a leading producer and exporter of agricultural produces in Vietnam, has appointed deputy general director Duong Thi Lam as general director, effective from March 1, 2025.

Companies - Sat, February 15, 2025 | 2:18 pm GMT+7

Private Vietnamese lender DongA Bank renamed Vikki Bank

Private Vietnamese lender DongA Bank renamed Vikki Bank

DongA Bank, a private lender in Vietnam, has changed its name to Vikki Bank, with approval from the State Bank of Vietnam (SBV).

Banking - Sat, February 15, 2025 | 10:59 am GMT+7

Korea's SK Group seeks partnerships in LNG-fired power projects in Vietnam

Korea's SK Group seeks partnerships in LNG-fired power projects in Vietnam

South Korean chaebol SK Group seeks to jointly build LNG-fired power plants in Vietnam and then develop facilities utilizing electricity generated by those power plants.

Energy - Sat, February 15, 2025 | 9:26 am GMT+7

World’s largest shipping line MSC docks at southern Vietnam port

World’s largest shipping line MSC docks at southern Vietnam port

Phuoc An Port, the largest seaport in Dong Nai province, on Thursday welcomed the first ship from MSC, the world’s largest shipping line, opening up significant opportunities for boosting international trade in Vietnam’s southern region.

Economy - Sat, February 15, 2025 | 8:17 am GMT+7

Vietnamese chemical-pharmaceutical industry eyes yearly growth of 8-11% by 2045

Vietnamese chemical-pharmaceutical industry eyes yearly growth of 8-11% by 2045

Vietnam's chemical-pharmaceutical industry is expected to achieve an annual growth rate of 8-11% by 2045, according to a newly-approved program on the industry’s development until 2030, with a vision to 2045.

Southeast Asia - Fri, February 14, 2025 | 11:28 pm GMT+7

Vietnam PM urges world's food industry leader JBS S.A  to invest in livestock farming, meat processing

Vietnam PM urges world's food industry leader JBS S.A to invest in livestock farming, meat processing

Brazil’s JBS S.A, the world’s largest meat processing enterprise, should consider investing in livestock farming, meat processing, industrial crops, and coffee processing in Vietnam, said Prime Minister Pham Minh Chinh.

Industries - Fri, February 14, 2025 | 11:08 pm GMT+7

China proposes new initiatives of cooperation with ASEAN

China proposes new initiatives of cooperation with ASEAN

China has unveiled new proposals to boost cooperation with ASEAN in key areas such as maritime cooperation, artificial intelligence, transportation, blue economy, women’s and children’s health, and the environment, towards strengthening the comprehensive strategic partnership between the two sides.

Southeast Asia - Fri, February 14, 2025 | 8:17 pm GMT+7

Honda Vietnam’s motorcycle, car sales decline in Jan

Honda Vietnam’s motorcycle, car sales decline in Jan

Honda Vietnam's motorcycle sales reached 198,911 units, marking a 12.6% decline from January 2024, while it sold 1,826 cars, a 9.7% decrease year-on-year.

Southeast Asia - Fri, February 14, 2025 | 8:15 pm GMT+7

Vietnam auto sales fall 2% to 18,893 in Jan amid EV trend

Vietnam auto sales fall 2% to 18,893 in Jan amid EV trend

Members of the Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 18,893 units in January 2025, down 2% year-on-year and 40% from December 2024.

Companies - Fri, February 14, 2025 | 4:50 pm GMT+7