Vietnam will require a large portion of this, with the Global Infrastructure Hub estimating that the country needs to invest US$110 billion between 2021 and 2025 for infrastructure and to meet the Sustainable Development Goals. Based on historical trends, this leaves a projected US$22 billion funding shortfall. … [Read more...] about ODA should be used to improve Vietnam’s financial sector: ADB expert
Vietnam public transportation
Like many of Vinh’s friends, 20 of Hien’s have also returned to Vietnam since February 20 as the number of Covid-19 cases rose day after day. Some were even willing to postpone their study plans in case the epidemic got out of control in South Korea. … [Read more...] about Vietnamese in South Korea face dilemma: stay put or bail out?
Linh had compared his company’s new Pega eSH with Honda’s SH 2020 at a presentation on February 11, however, without any permission to use Honda’s images or product details. For instance, criteria such as safety, noise, and level of environmental pollution had been compared. The Honda SH scooter is available in two versions, 125i and 150i, and is considered the current king of high-end scooters in the Vietnamese market. Prices for Honda’s SH range from VND70 million ($3,000) to VND121 million ($5,260). Meanwhile, Pega’s electric eSH scooter was launched with the competitive price of VND30 million ($1,300). … [Read more...] about Latest skirmish shows motorcycle rivalries
He explained that Việt Nam is no longer a low-income country, but it is also not ready to fund itself exclusively through private investment and domestic capital markets. A transition period is needed where Việt Nam uses donors’ assistance to catalyse private investment that would not come otherwise. … [Read more...] about Việt Nam needs new approaches to fund development: ADB expert
Viet Nam should also prioritise development assistance to strengthen the financial sector, providing stand-by facilities or other enhancements to make it easier for State-owned enterprises tasked with key projects to access affordable financing, and allowing development partners to issue dong-linked bonds to lower the cost of capital for Vietnamese borrowers. … [Read more...] about Viet Nam needs new approaches to fund development: ADB expert