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The loan will support LDC’s operations in India, Indonesia, Pakistan, Thailand, and Vietnam by financing coffee, cotton, and rice inventories for over 50,000 smallholder farmers across these countries.

The timely shift of the pandemic containment strategy helped Vietnam restore economic activity and reduce bottlenecks in the business environment.

At the end of 2021, outstanding Government bonds and corporate bonds comprised 71.3% and 28.7% of the local bond market, respectively.

Strengthening the healthcare system and ensuring effective and timely implementation of the Economic Recovery Plan for 2022-2023 is key for Vietnam to boost growth recovery this year.

The grant will improve Tien Phong Commercial Joint Stock Bank's capacity to lend to women-owned and led small and medium-sized enterprises, hire staff, and promote its services to female borrowers.

Rapid vaccination in September and October presumably slowed the spread of the virus, but the sharp rise of new cases still forced some provinces to reinstate lockdowns.

On an annual basis, the bond market expanded 23.5% year-on-year in the third quarter, slowing from 27.5% year-on-year growth in the second one.

The partnership establishes the foundation for cooperation activities between PVN and ADB such as strategy and roadmap for the green energy transition.

The project “Supporting innovative early-stage enterprises” will give priority to businesses in potential fields in Vietnam such as finance, agriculture, and healthcare.

Growth could be aided by a revival of domestic demand, an acceleration in the disbursement of public investment funds, an expansion to new export markets, and the expected global economic recovery.

Vietnam’s remarkable achievements were due to extraordinary levels of cooperation and unity.

About 243,000 people, including 126,300 from ethnic minority groups, are expected to benefit from the project.