Viet Nam

Mekong Leaders Agree on Wide-Ranging Development Plan for Next Decade

Leaders of the six nations that share the Mekong River have agreed on a 10-year plan to boost growth, development, and poverty reduction across the Greater Mekong Subregion. Read More

Rising Risk of Deep Eurozone-US Recessions Poses Threat to Asia

Economic growth in emerging East Asia will continue to moderate into 2012 as growing sovereign debt problems in Europe and an anemic US economy raise the spectre of a deep global economic downturn, says ADB’s latest Asia Economic Monitor. Read More

Resettlement and the Song Bung 4 Hydropower Project

In central Viet Nam, people resettling because of the building of a dam are making the move in an environmentally sustainable and socially inclusive manner. Watch Video

Replacing Lost Crops and Cash-for-Work Schemes Key to Rebuilding Lives After Floods

ADB has approved a $3 million grant to support Cambodia's efforts to recover from the floods that devastated the country in the last 2 months. Read More

Overview

Viet Nam is a founding member of ADB, which was established in 1966. After the country's unification and the period of suspension, ADB operations in the country were resumed in 1993. ADB has provided Viet Nam with 114 sovereign loans totaling $9.09 billion, one sovereign guarantee of $325 million, 255 technical assistance grant projects amounting to $199.5 million, and 26 other grants totaling $150.1 million. ADB has also approved eight nonsovereign loans, two political risk guarantees, and one B-loan totaling $280 million.