New ADB Facility to Help South East Asia Revive Tourism and Boost Sustainable, Inclusive Investments
The pandemic exacerbated growing inequalities between skilled and unskilled workers, hurting low-skilled workers as well as middle-skilled workers, whose jobs face automation or being moved elsewhere.
Germany Supports Vietnam with Another 2.6 million Vaccine Doses
Germany has already donated numerous vaccines and medical equipment to Vietnam this year. Germany will also support Vietnam with additional vaccine doses, bringing the total number of vaccines donated by Germany to Vietnam to over 10 million doses, he said.
HSBC Predicts Vietnam’s Economic Growth 6.8% in 2022
Foreign direct investment (FDI), Vietnam’s key driver of growth,is still robust and was only marginally impacted given the serious lockdown that the country applied in 2021.
Fitch Upgrades Asia Commercial Joint Stock Bank to 'BB-'; Outlook Stable
The upgrade on the bank's VR is driven by Fitch’s assessment that Vietnam's banking system operating environment (OE) factor score has returned to a pre-pandemic level of 'bb-' with stable outlook as the economic impact from the Covid-19 pandemic.
Fitch Upgrades Vietinbank's Viability Rating to 'b'; Affirms IDR at 'BB-'; Outlook Positive
Fitch believes Vietinbank's asset quality performance is likely to benefit from an improving economic outlook, which will also have positive effects on its profitability.
Fitch Upgrades Vietcombank's Viability Rating to 'b+'; Affirms IDR at 'BB-'; Outlook Positive
The upgrade of Vietcombank's VR is driven by Fitch’s assessment that Vietnam's banking system operating environment (OE) factor score has returned to a pre-pandemic level of 'bb-', as business conditions have been substantially less severe.
Some Global Furniture Companies Face Delayed Orders and Depleted Inventories after Few Months of Lockdowns in Vietnam
Pottery Barn parent company Williams-Sonoma is experiencing inventory delays, particularly in children's home furnishings, as suppliers in Vietnam work to boost production, CEO Laura Alber said during the company's Q3 earnings call.
Partnership for a Successful Circular Economy in Vietnam
The Cities Development Initiative for Asia (CDIA) committed to provide a Technical Assistance to Vung Tau city. Within the framework of this TA Agreement, CDIA will prepare a holistic solid waste management investment program for Vung Tau City.
Vietnam’s Exports to Hit Almost USD535bn by 2030
Additionally, the research found that 41 per cent of global corporates currently do or plan to manufacture in Vietnam within the next five to 10 years. This is evidence that Vietnam will be a major driver of global trade growth over the next decade.
Inflation Concerns Push up Emerging East Asia Bond Yields
Growth in Viet Nam’s local currency bond market accelerated to 8.1% from the previous quarter, increasing the market size to $83.6 billion. Annual growth slowed to 23.5%.
U.S.-Supported Green Index to Promote Environmentally Friendly Business Ecosystem in Vietnam
The Green Index aims to assess and rank local environmental quality as perceived by businesses, and explore firms’ environmental behavior, their willingness to apply green technologies/practices, and their readiness to invest in green operations.
ADB and PVN Establish Partnership to Promote Green Energy Development in Vietnam
The MOU establishes the foundation for cooperation activities between PVN and ADB such as strategy and roadmap for greenenergy transition; carbon capture,utilization and storage; hydrogendevelopment; offshore wind energy development.