As Vietnam sets its sights on becoming a high-income country by 2045, Resolution 68 lays a crucial foundation. But turning vision into reality requires not only good policy - but also unwavering execution, mutual trust and national unity.
The consumer goods group has successfully finalized the acquisition of a $250 million investment from Bain Capital, a prominent global private investment firm.
The ODA loans Japan provides include $346.7 million for the socio-economic recovery and development of Viet Nam post-covid-19 pandemic, $43.3 million for the public transport infrastructure improvement in Binh Duong province, and $32.8 million for upgrading infrastructure for agricultural development in Lam Dong province (phase 1).
The adoption of environmental, social and governance (ESG) criteria in private enterprises is a driver of innovation and new opportunities, creating long-term value for business and society.
2022 marks the first year the revised Law on Environmental Protection (LEP) 2020 came into effect, and also the first year Vietnam has lots of drastic actions to realise its commitments to bring net emissions to zero at COP26.
Companies in different economic sectors has shown a strong shift towards sustainable development, paving the way towards the realisation of Vietnam's net zero targets by 2025.
As Vietnam accelerates economic recovery amid Covid-19, IFC, LeapFrog Investments, and DEG have invested $165 million in convertible Tier 2 bonds issued by HDBank, a leading Vietnamese private retail and SME bank.
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.
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.