37577-023: Third Financial Sector Program Loan Cluster - Subprogram 2

Project Data Sheet (PDS): Overview

Description

Output 1: Enhanced capital market liquidity through improved information disclosure. Timely disclosure of material information reduces information asymmetries among market participants, strengthening investor confidence and supporting market liquidity. Subprogram 2 supports a new core policy action covering the new regulation issued by MOF covering information disclosure for listed and unlisted public companies which moves them closer to the adoption of international best practices. Under a ... Read More

Country Viet Nam
Project Number 37577-023
Type or Modality of Assistance Loan
Financing Public sector (Sovereign)
Status Closed
Approval Number Loan No. 2707
Approval Date 29 Nov 2010
Closing Date 15 Jul 2011
ADB Financing ($ thousand) 60,000
Geographical Location Viet Nam
Sector Finance
Subsector Money and capital markets
Safeguard Categories Environment: C
Resettlement: C
Indigenous People: C

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Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

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