World Bank, Japan Support Promoting Community based Care for the Elderly in Vietnam
It is estimated that 27,000 people in six provinces will benefit from the project’s interventions, 70% of them are elderly.
Vinpearl Successfully Issued the World’s first Exchangeable Sustainable Bond
As Sole Sustainability Structuring Bank, HSBC supported Vingroup in developing its inaugural Sustainable Finance Framework (the “Framework”), which includes six green and two social project categories across Vingroup's business segments.
Economic Recovery in East Asia and Pacific Faces Setback
Economic activity began to slow down in the second quarter of 2021, and growth forecasts have been downgraded for most countries in the region, according to the World Bank’s East Asia and Pacific Fall 2021 Economic Update.
Standard Chartered Forecasts Vietnam’s Q4 Growth at 5.5%
GDP growth in Q3 may likely have slowed to 1.9% y/y, from 6.6% in Q2, as the pandemic hit the economy.
Strict Lockdown Dragged Down Vietnam’s Industrial Production in August, Economists Say
The strict lockdown in Viet Nam’s southern region and in Ha Noi and surrounding industrial areas, which contribute nearly 50% of the country’s GDP, dragged down the index of industrial production in August.
Vietnam’s Economy to Slow Down Due to Prolonged COVID-19 but ADB Bullish in the Medium and Longer Term
Growth picked up in the first half of 2021, largely because of higher trade volumes, but slowed down in the second half of the year as the fourth wave of the pandemic took a toll on business and the labor market.
The Global Supply of Coffee Constrained by Lockdowns in Vietnam, Fitch Says
Vietnam’s COVID-19 lockdown has constrained the global supply of coffee — and coffee prices could remain “relatively high” through 2022, said Fitch Solutions on an article released by CNBC.
HDBank and Proparco Reserve $50 Million to Develop Green Projects in Vietnam
This is the first time HDBank has cooperated with Proparco for financing. Prior to that, the Bank has had many years of sponsoring green credit projects in Vietnam.
Fitch Assigns Vietnam's Dat Xanh Group's Proposed Notes 'B' Rating
DXG's rating reflects the company's expanding market position as a residential property developer in southern Vietnam and its status as the country's largest real-estate brokerage.
Manuela Ferro to Become World Bank Vice President for East Asia and Pacific
Ms. Ferro brings over three decades of experience across Europe, Latin America and the Caribbean, Africa and the Middle East, and South Asia and has held several leadership positions in the World Bank.
HSBC Vietnam Facilitates International Investment in VNLIFE, Vietnam’s Second Unicorn
In recent years, Vietnam has emerged as a hub for startups, closely competing with the likes of Indonesia and Singapore. The country has a dynamic startup environment with many entrepreneurs and companies engaged in the most promising sectors.
More US Pork to be Sold in Vietnam’s Market in the Coming Time
Vietnam's MFN duty rate for imported frozen pork is 15%. The 2021 rate for imports from Canada and other CPTPP members is 7.5%, while pork imported from the EU is tariffed at 11.3%.