Viet Nam and ADB
In the Spotlight
ADB is providing new loan assistance of $4.2 million equivalent for infrastructure upgrades at stations along Ha Noi’s metro line 3, to boost connectivity and services for the travelling public.
The Greater Mekong Subregion has an opportunity to build on its success in promoting connectivity, economic competitiveness, and community through a new investment plan presented at the 5th GMS Leaders' Summit in Bangkok.
The growth outlook for developing Asia and the Pacific remains steady, even though momentum slowed in the second half of 2014, but the declining oil prices represent a golden opportunity for many beneficial reforms, ADB says in a new report.
The Viet Nam country partnership strategy (CPS), 2012-2015 is fully aligned with the government’s Socio-Economic Development Plan, 2011-2015.
The CPS focuses ADB assistance to Viet Nam through three pillars: inclusive growth, enhancing economic efficiency, and environmental sustainability. To maximize the development impacts in which ADB can add the most value in the form of financing and knowledge, ADB prioritizes six sectors: agriculture and natural resources, education, energy, finance, transport, and water supply and other municipal infrastructure and services.
89.71(2013) Population in millions
1.1%(2008-2013) Average annual population growth rate
11.1%(2012) Population living below the national poverty line