ADB

Update news ADB

ADB to loan Vietnam US$1.37 billion in 2014

 The Asian Development Bank (ADB) is expected to provide Vietnam with funding packages worth US$1.37 billion in 2014 and US$1.24 billion in 2015 to support its sustainable growth.

Social News 27/8

Four Chinese on trial for credit card fraud; Multiple irregularities found in railway projects; Bird flu virus detected in northern province; No discovery of Melamine in Vietnam; Province wishes to be removed from high-income list

Home vegetable gardening gains traction in Hanoi

Many people in Hanoi have started growing vegetables inside their homes as concerns about the additives on food products grow among the population.

BUSINESS IN BRIEF 28/6

 Vietnam to benefits from ADB’s new fund on low-carbon technologies; Ministry: Ask-and-give practice still exists in realty market; HNX raises VND586 trillion from G-bond sales; Shipbuilders get new look on path to equitisation;

BUSINESS IN BRIEF 5/4

 Vietnam reaffirms no pangasius dumping, says spokesman; Oman recognises Viet Nam's market economy; PVEP starts producing oil commercially in Peru; Cambodia legislature passes investment protocol with Vietnam

Social News Headlines 17/3

 Son My massacre commemorated in Quang Ngai; Ministry greenlights new bird flu plan; PTE Academic English test introduced in Vietnam; Traditional hospitals to be upgraded; Development partners commit to landmine clearance

Social News Headlines 13/3

 Forest fire in Ca Mau at alarming level; Spread of bird flu brought under control; Hanoi hopes for Bangkok’s tourism support; Hanoi keeps human diseases under control; Prime Minister instructs no heavy interest rate to fishermen

ADB to link for expanding HIV/AIDS treatment in Myanmar

The Asian Development Bank will provide a strategic link between Myanmar government and non- governmental organizations in expanding HIV/AIDS treatment and prevention services, using funds from the Japan Fund for Poverty Reduction,

ADB funds tourism development in Vietnam, Laos, Cambodia

 The Asian Development Bank (ADB) has approved a 100 million USD aid package to support the development of tourism infrastructure in the three Mekong River countries of Vietnam, Laos and Cambodia.

Vietnam's bond market gains highest growth in East Asia: ADB

The scale of the bond market in Vietnam reached nearly $25 billion, down in the third quarter of 2013, but still obtained the highest growth in the region in comparison with the same period last year, according to the ADB.

BUSINESS IN BRIEF 13/10

 Taiwan firms explore distribution opportunities in Vietnam; Rubber exports to fetch 4.5 billion USD this year; Thanh Hoa calls for more investment; Vietnam helps Laos develop coffee

ADB maintains 5.2% GDP forecast for Vietnam in 2013

VietNamNet Bridge – The Asian Development Bank has maintained its 5.2% GDP growth forecast for Vietnam in 2013 and said gradual progress in settling non-performing loans will prompt its economy to grow by 5.5% in 2014.

VN’s ODA-funded transport projects under scrutiny

Deputy Prime Minister Hoang Trung Hai has said that the Government of Vietnam will direct relevant ministries, agencies and localities to speed up the implementation and disbursement of Official Development Assistance funded projects