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ADB trims Vietnam’s 2021 growth outlook to 3.8 per cent

Vietnam’s economic growth is expected to slow down due to a resurgence of Covid-19 that has tightened the labor market, lowered industrial output, and disrupted agricultural value chains, according to latest report released by the Asian Development Bank (ADB).

Foreign companies warn of moving production

When rivals have to work together

Two scenarios for Vietnam’s economy after the fourth Covid-19 wave

Danh Khoi Group ready for real estate market's rebound

BUSINESS - Sep 27, 2021 | 08:20 AM GMT+7

After a long social distancing period, Danh Khoi Group is planning to implement a series of projects in the last quarter of the year, ready to get into an important final stretch that makes up for the period of business operations being delayed due to the pandemic.

Key to Vietnam’s economic transformation after Covid-19

NEWS - Sep 27, 2021 | 08:00 AM GMT+7

As Vietnam battles another wave of Covid-19, accelerating the pace of reforms, upgrading workforce skills and infrastructure will strengthen the private sector to help the country recover from the pandemic and unlock its potential, according to a new World Bank Group report.

Key for Vietnam's economic recovery

NEWS - Sep 16, 2021 | 10:48 AM GMT+7

A fast vaccination roll-out will help Vietnam quickly re-open up its economy after the novel pandemic.

Digitalization is key for circular economy

NEWS - Aug 27, 2021 | 08:00 PM GMT+7

Most circular economy initiatives are individual projects focused on physical materials and resources.

Three high risks to Vietnam’s economic outlook

NEWS - Aug 27, 2021 | 04:50 PM GMT+7

While Vietnam’s prospects remain positive, World Bank said that the authorities should address the heightened social, financial, and fiscal risks.

IFC buys into PVI Holdings

BUSINESS - Aug 11, 2021 | 12:10 PM GMT+7

After the deal, IFC and major strategic shareholder HDI Global SE will hold more than 54 per cent of the voting rights in PVI Holdings.

Advancing Asia’s growth strategy

LEADER TALK - Aug 07, 2021 | 08:10 AM GMT+7

With the swift and widespread adoption of technology, APAC has become home to many fast-growing digital economies.

ADB approved $4.6 million assistance to boost private sector in Vietnam

NEWS - Jul 19, 2021 | 03:43 PM GMT+7

The financing includes a $2.7 million grant from the Government of Canada and a $1.9 million grant from the Government of Australia, both to be administered by ADB.

Bringing circular economy knowledge into education

NEWS - Jul 13, 2021 | 01:40 PM GMT+7

Education is an effective method to change people's awareness of environment, leading to more resources to applying circular economy model.

Vietnam economy will persist at least through the third quarter: HSBC

NEWS - Jul 12, 2021 | 02:40 PM GMT+7

HSBC have recently trimmed Vietnam’s 2021 growth forecast from 6.6 per cent to 6.1 per cent, reflecting the impact of the recent outbreak. That said, once Vietnam is able to contain Covid-19, it should regain its momentum quickly.

IFC provides $100 million loan to OCB, boosting climate finance in Vietnam

NEWS - Jul 11, 2021 | 09:05 AM GMT+7

With IFC’s support, OCB expects to double its SME lending portfolio by 2024 by leveraging its digital banking platform and developing products that cater to the sector’s needs.

Attracting investment in recycling and circular economy

NEWS - Jul 06, 2021 | 11:17 AM GMT+7

Financial institutions and investment funds have to face some obstacles im making investment into plastic recycling sector.

IFC provides $150 million financing package to SeABank

NEWS - Jul 06, 2021 | 11:03 AM GMT+7

To support local businesses and help them make a resilient recovery after the Covid-19 pandemic, IFC is providing a $40 million loan to Southeast Asia Commercial Joint Stock Bank (SeABank).

World Bank approves $321 million programs to support Vietnam’s recovery efforts

NEWS - Jul 06, 2021 | 11:02 AM GMT+7

It includes two operations designed to support the central government and Ho Chi Minh City in their efforts to improve urban management and promote a recovery that is inclusive, digitally transformative, and sustainable.

HSBC warns of real estate risks

REAL ESTATE - Jun 25, 2021 | 03:06 PM GMT+7

HSBC expects rising housing prices to constrain the SBV’s ability to deliver any further rate cuts.

EuroCham suggests a public-private partnership to accelerate mass vaccination

LEADER TALK - Jun 25, 2021 | 03:05 PM GMT+7

With a vaccine-led approach, Vietnam can repeat its achievements in economic growth.

Covid-19 poses big challenges for US businesses in Vietnam

NEWS - Jun 04, 2021 | 03:09 PM GMT+7

AmCham called Vietnam to ease its lengthy quarantine period for vaccinated travellers.

EuroCham calls for allowing companies to vaccinate staffs out of their own pocket

NEWS - Jun 04, 2021 | 08:05 AM GMT+7

Four in five European business leaders agree that businesses should be able to inoculate their workforce, reducing the burden on the state budget while also helping to accelerate the government’s vaccination drive.

ADB provides $116 million loan to develop wind farms in Quang Tri

NEWS - May 31, 2021 | 05:30 PM GMT+7

It is ADB’s first financing of a wind power project in Vietnam, comprising a $35 million A loan directly funded by ADB and an $81 million syndicated B loan.

Keppel Land acquires another housing complex in Saigon South

REAL ESTATE - May 31, 2021 | 05:29 PM GMT+7

The total consideration of the deal is about $16 million.

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