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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
$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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
ADB revises Vietnam 2023 growth downwards to 5.2%
The Asian Development Bank (ADB) has revised Vietnam’s 2023 GDP growth down to 5.2% from its September estimate of 5.8% but maintained its 6% forecast for next year.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Goldman Sachs finances $14 mln in Vietnam sustainability, kickstarts $350 mln funding
The Climate Innovation & Development Fund (CIDF), launched by Goldman Sachs and Bloomberg Philanthropies and managed by the Asian Development Bank (ADB), has financed $14 million for four projects in Vietnam.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam central bank effectively manages interest rates: ADB
The State Bank of Vietnam (SBV) has been effectively managing interest rates after cutting them four times this year, going against the global trend of rate hikes, according to the Asian Development Bank (ADB).
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam economic expansion to hit 5.1% in Q3: Standard Chartered
Vietnam’s GDP growth is likely to pick up to 5.1% year-on-year in Q3 this year, from 4.1% in Q2, according to Standard Chartered Bank.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
ADB revises down Vietnam’s GDP growth forecast to 5.8% in 2023, 6% in 2024
The Asian Development Bank (ADB) has revised down Vietnam’s economic growth forecast to 5.8% in 2023 and 6% in 2024 in its September edition of the Asian Development Outlook (ADO).
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Corporate bonds in Vietnam recover strongly in Q1 as issuance rules eased
The issuance of corporate bonds in Vietnam expanded nearly 640% in Q1/2023 compared to Q4/2022 thanks to easier rules, the Asian Development Bank (ADB) said in its Asia Bond June 2023 report.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
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- Editor’s Picks
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No offshore wind projects in Vietnam until 2028: global council
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Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
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Techcombank plans 10% stake issue to foreign strategic investors
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Vietnam needs to build more highways: logistics firm exec
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Vietnam central bank pumps cash to save troubled lender SCB
