GMS in the News

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.

ADB Provides $300 Million Loan to BIDV to Support SMEs in Viet Nam

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.

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.

ADB Project to Help Boost Inclusive Tourism in Viet Nam’s Secondary Towns

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.

The project will help install eight modernized irrigation systems in five drought-affected provinces, which will improve agricultural productivity in Viet Nam. Photo: ADB.

ADB Project to Modernize Irrigation Systems, Improve Agricultural Productivity in Viet Nam

HA NOI, VIET NAM (27 November 2018) — The Asian Development Bank has approved over $100 million in financing to help the Government of Viet Nam install eight modernized irrigation systems in five drought-affected provinces, which will improve agricultural productivity, especially among farmers growing high-value crops such as coffee, peppers, grapes, dragon fruits, and mangoes.

The technical assistance covers the preparation of energy projects in Southeast Asia, such as developing priority power interconnections for cross-border trade of electricity in the Greater Mekong Subregion. Photo: ADB.

ADB Supports Energy Investment Planning in Southeast Asia

The Asian Development Bank has approved technical assistance for energy projects in Southeast Asia, including the Greater Mekong Subregion Cross-Border Power Trade and Distribution Project.

Nguyen Thi Huong Lien (fourth from left in photo) started women-led motorcycle tours in Hue City, Viet Nam in 2014. She has since expanded her business to four more cities and is eyeing other markets in the Greater Mekong Subregion. Photo: I Love Asia.

Promoting Responsible Tourism through Innovative Startups

A young businesswoman offering motorcycle tours led by women is one of the entrepreneurs supported by a tourism accelerator program in the Greater Mekong Subregion.

Pages

view all content