Vietnam project among ADB’s most successful project awards
An ADB project that strengthens agriculture science and technology in Vietnam was among the three winners of the Most Successful Development Project Awards selected by ADB’s Independent Evaluation.
Hanoi (VNA)👍 – An ADB-funded project that strengthens agriculture science and technology in Vietnam was among the three winners of the Most Successful Development Project Awards selected by the bank’s Independent Evaluation, ADB said in its August 8 news release.
The Agriculture Science and Technology Project, supported by a 30 million USD ADB loan, helped the Vietnamese Government to institutionalise market-based research and bring knowledge and learning gained through research to serve farmers in remote upland areas, and to strengthen the human and physical capacity of the national system for agriculture science and technology.
The project, which involved 42 organisations including research institutions, vocational schools, extension services, and farmer’s unions, strengthened government initiatives for stronger links between applying agricultural research to upgrading the skills of farmers, and helped the system become more responsive to the needs of smallholder farmers and private sector.
The projects pioneering solar technology in Thailand, and ensuring access to quality education for the poor in Mongolia during the financial crisis also won the Most Successful Project Awards.
The three, which best showcased the ADB’s contribution to Asia and the Pacific, were chosen from 80 projects reviewed by Independent Evaluation, an oversight body within ADB that assesses the organisation’s effectiveness, and has held the Most Successful Project Awards since 2015.
“Evaluations not only provide evidence of project success or failure, and show whether precious public funds were well invested or not, but also lessons to improve the effectiveness of projects and solutions to unfolding development problems,” says Vinod Thomas, director general of Independent Evaluation at ADB.
“The winning projects, as well as meeting their objectives, all offered lessons for achieving development results in their areas of operation, which can be replicated and enlarged in similar projects by ADB, other development institutions, and national decision makers. In short, they all offered tremendous learning experiences,” says Thomas.-VNA
President Tran Dai Quang has proposed that the Asian Development Bank (ADB) continue to provide soft loans to Vietnam to realise its socio-development goals.
President of the Asian Development Bank (ADB) Takehiko Nakao has vowed that his bank will continue to give strong support to Vietnam through loans of about 1 billion USD each year.
The Asian Development Bank (ADB) has approved a loan worth 500 million USD for Indonesia to continue its policy reforms to reduce barriers for investment and encourage more PPPs.
Deputy PM Pham Binh Minh has directed relevant agencies in receiving and using the Asian Development Bank’s emergency aid to help the country deal with impacts of drought and saline intrusion.
The Asia Development Bank (ADB) will provide technical assistance for the northern mountainous province of Ha Giang to implement a basic infrastructure project for comprehensive development.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Photo: tribune.com.pk
