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.
Education is an effective method to change people's awareness of environment, leading to more resources to applying circular economy model.
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.
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.
AmCham called Vietnam to ease its lengthy quarantine period for vaccinated travellers.
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.
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.
REE expands its footprint in renewable energy, it is looking for long-term US dollar-based financing that is not readily available in the local market.
In per-labour-force terms, consumer debt even jumped from 41 per cent of income in 2013 to more than 100 per cent in 2020, according to HSBC.
Indochina Kajima Development Limited has announced the start of construction for a new luxury resort at Bai Nom beach, Phu Yen province.
