AIIB pledges continued support to Vietnam in implementing green infrastructure projects
The Asian Infrastructure Investment Bank (AIIB) will continue supporting Vietnam in implementing green infrastructure projects towards the core goals of sustainability, innovation and connectivity, the bank's President Jin Liqun told Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong in Hanoi on July 15.
The meeting between Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong and AIIB President Jin Liqun. (Photo: VNA)
Hanoi (VNA)🌳 – The Asian Infrastructure Investment Bank (AIIB) will continue supporting Vietnam in implementing green infrastructure projects towards the core goals of sustainability, innovation and connectivity, the bank's President Jin Liqun told Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong in Hanoi on July 15.
During his meeting with Hong to update the AIIB’s situations after its eight-year operation and the bank’s interest in potential projects in Vietnam in infrastructure and renewable energy, Jin spoke highly of Vietnam’s impressive socio-economic development achievements.
For her part, the SBV Governor spoke highly of achievements the AIIB has obtained over the past eight years, saying that its operational goals and missions such as green development, private capital mobilisation, technology-supported infrastructure development are consistent with Vietnam’s development goals and compatible with the country’s infrastructure.
Controlling inflation and stabilising the macroeconomy are the steadfast goals of the Vietnamese Government, she said, adding that towards sustainable development, green economic development is one of the tasks focused on by the Government.
Infrastructure development is also a priority of Vietnam, and the country aims to have 5,000km of expressways by 2030, Hong said.
According to the SBV Governor, the private sector is considered an important driving force for economic development.
As Vietnam’s development orientation is very close to the AIIB's goals and strategies, the country attaches importance to the relations with the AIIB, Hong affirmed.
The AIIB, headquartered in Beijing is a multilateral development bank established in 2016 with 57 founding members, including Vietnam, aiming to promote sustainable economic development and infrastructure connectivity in Asia.
To date, the AIIB has funded 274 projects with a total value of over 53.5 billion USD for 37 members. In Vietnam, the AIIB has funded three projects with a total value of 223 million USD, focusing on COVID-19 pandemic response, solar energy development, hydropower and sustainable infrastructure.
During his stay in Vietnam from July 15-19, Jin is scheduled to have working sessions with leaders of ministries, sectors and localities to discuss potential projects in Vietnam./.
The settlement of weak banks has faced difficulties as the work mainly depends on the voluntary participation of well-performed banks, the State Bank of Vietnam (SBV) has said.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
