We learned in Sri Lanka that the most effective development projects not only provide new solutions to old problems, but also adapt to changing circumstances.
Donald Lambert leads the Private Sector Development Unit within ADB’s Viet Nam Resident Mission. The unit supports expanding the role of the private sector in contributing to Viet Nam’s socio-economic development. Previously at ADB, he worked on financial sector development in India and Sri Lanka, served as head of the corporate recovery unit, and was a credit risk management specialist covering ADB’s financial institutions portfolio. Employment prior to ADB included with the US Federal Reserve and as a US Army officer. Mr. Lambert holds a master’s degree from Harvard University, a bachelor’s degree from Princeton University, and is a CFA® charterholder.
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For microfinance institutions in Viet Nam to flourish and grow their client base, regulatory changes are needed, beginning with their ownership.
Với những cải cách tài chính quan trọng, TP Hồ Chí Minh có tiềm năng theo mô hình của Tokyo, Thượng Hải, Mumbai và các thành phố khác thành các trung tâm nổi trội về tài chính toàn cầu.
State-owned enterprises face unique challenges when it comes to attracting foreign financing for infrastructure projects. But there are solutions.
There are three key strategies that can help Viet Nam achieve its ambitious development targets in the coming years.
If investors are not keen on local SMEs, venture capital firms will struggle to find the exit door.
The first bond issue under a project bond guarantee facility set up in 2012 by ADB and IIFCL is a landmark achievement for Indian infrastructure development, as credit enhancement can help draw in money from insurance companies and pension funds.
With key financial reforms, Ho Chi Minh City has the potential to follow the model of Tokyo, Shanghai, Mumbai, and other cities which came to global financial prominence.