Vietnam gets loans from World Bank to aid competitiveness, green growth

Reuters

Email Print

RELATED NEWS

The World Bank and Vietnam on Monday signed agreements under which the country will get $371 million in loans and grants to support its economic competitiveness, green growth and water management.
The bank, Switzerland and Canada will give a combined $162 million loan and grant mixture to boost Vietnam's financial sector stability, reform state-owned enterprises and improve the business environment, the bank said in a statement.
Separately, Vietnam will borrow $90 million from the World Bank to support its climate change and green growth policy actions and $119 million for urban water supply and wastewater treatment project, the statement said.

More Politics News