HA NOI, VIET NAM (03 April 2019) — Viet Nam’s economy experienced another year of strong growth in 2018, although a weaker external environment could affect the country’s growth outlook for this year and next.
Viet Nam's Finance Minister Dinh Tien Dung and Asian Development Bank's Country Director for Vietnam Eric Sidgwick sign the loan agreement in Ha Noi on 5 March 2019. Photo courtesy of ADB's Viet Nam Resident Mission.
The Government of Viet Nam and the Asian Development Bank (ADB) have signed in March a $188 million loan to improve 198 kilometers of roads in northwestern provinces.
Ferry services between Kampot in Cambodia and Phu Quoc Island (in photo), a leading tourist attraction in Viet Nam, are expected to promote tourism as well as benefit residents and local businesses in the Southern Coastal Subcorridor. Photo: iStock.com.
An international seaport project in Southern Cambodia will serve as a gateway for direct ferry services to Viet Nam and later to other destinations in the Gulf of Thailand. The fast ferry services are expected to boost tourism in the Southern Coastal Subcorridor of the Greater Mekong Subregion.
Quang Tri province is gearing up to become a center for energy production in the north central coastal region of Viet Nam. It recently approved the development of four 30-megawatt wind power plants worth more than $200 million.
Technicians and workers assemble electronic products for export at a special economic zone in the Lao People's Democratic Republic. Photo: ADB.
The Asian Development Bank has published economic statistics for analyzing cross-border production arrangements in Southeast Asian countries, including those in the Greater Mekong Subregion.
Director General of ADB’s Private Sector Operations Department Mr. Michael Barrow and BIDV’s Senior Executive Vice-President in charge of the Board of Management Mr. Le Ngoc Lam sign the loan agreement at a ceremony in Ha Noi. Photo: ADB.
HA NOI, VIET NAM (12 December 2018) — The Asian Development Bank and Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), the country’s largest commercial bank by assets, today signed a $300 million loan agreement to support the growth and productivity of small and medium-sized enterprises in Viet Nam.
HA NOI, VIET NAM (12 December 2018) — The Asian Development Bank has approved a $188 million loan to improve and upgrade 198 kilometers of roads in Viet Nam’s mountainous northwest region, which has the highest poverty rate in the country.
Tourism is growing rapidly in Viet Nam, but most growth and corresponding socioeconomic benefits are concentrated in a few gateway destinations, says ADB Project Administration Unit Head for Viet Nam Mr. Steven Schipani. Photo: ADB.
HA NOI, VIET NAM (10 December 2018) — The Asian Development Bank has approved a $45 million loan to help Viet Nam transform secondary towns into more economically inclusive, competitive tourism destinations.
Rice plays a key role in food security and economic growth in the Greater Mekong Subregion. Photo: ADB.
A pilot project in the Greater Mekong Subregion explored the use of satellite technology to improve the collection of paddy rice statistics to support better policymaking.
Germany and the European Union have renewed their support to strengthen transboundary water cooperation in the Greater Mekong Subregion.
Greater Mekong Subregion Secretariat
Regional Cooperation and Operations Coordination Division,
Southeast Asia Department, Asian Development Bank
Address: 6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines
Telephone: +63 2 8632 4444 Fax: +63 2 8636 2226
