ADB.org

Viet Nam's Economy to Remain One of the Fastest Growing in Asia Despite Sharp Slowdown Due to COVID-19

Viet Nam’s economic growth rate is expected to slow sharply in 2020, to 4.8%, from the initial supply shock to economic activity from the outbreak of the novel coronavirus (COVID-19) and the subsequent and ongoing drop in demand from Viet Nam’s principal trade and investment ...

Cambodia's Economic Growth to Slow in 2020, Rebound Expected in 2021 — ADB

After two decades of strong performance, Cambodia’s economic growth is expected to drop to 2.3% in 2020. This is due to the new coronavirus disease (COVID-19) pandemic, the resulting economic slowdown in the major advanced economies and the People’s Republic of China, and the country’s ...

Looking for a fix for Asia's traffic woes

With no single cause, and no magic solution, the congestion of Asia’s cities requires government resolve and know-how to fix. Urban congestion, more commonly known as traffic, is probably the most painful daily experience for people living in modern cities. It costs our time, ruins our ...

Yi Jiang

Will Asia grow old before it becomes rich?

Asian countries have traditionally enjoyed large demographic dividends—i.e. increases in labor supply and savings—that have boosted economic growth. But this decade, the share of working-age population most notably in the People’s Republic of China (PRC) and the Republic of Korea has started to shrink, following ...

8 ways to promote natural capital investments in the GMS

Natural capital has been a key contributor to the Greater Mekong Subregion’s (GMS) rapid economic growth over the past 3 decades. However, the subregion’s key natural capital stocks are in a state of decline. Keep reading ...

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