World Bank approves $300 loan

by VTV424 June 2017 Last updated at 12:59 PM

VTV.vn - The World Bank in Vietnam announced on June 23 that it has recently approved a 300 million USD loan to support Vietnam in enhancing transport connectivity in countryside and forest protection in eight coastal localities.

Half of the funding will be spent on upgrading 142 kilometres of National Highway 19 and strengthen transport safety and resilience to national disasters.

Once the project is finished, communities in Binh Dinh and Gia Lai provinces will benefit from easier access to markets, reduced commuting time and improved road safety.

The other half of the financing will support the management of coastal forests in eight provinces.

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2017-07-26 09:50 UTC

WEATHER FORECAST

Today - Wednesday Jul, 26
Thunderstorms
26/31
Thursday Jul, 27
Thunderstorms
25/32
Friday Jul, 28
Thunderstorms
26/32
Saturday Jul, 29
Thunderstorms
26/32
Sunday Jul, 30
Thunderstorms
26/33
Monday Jul, 31
Thunderstorms
27/33
Tuesday Aug, 01
Thunderstorms
27/32
Wednesday Aug, 02
Thunderstorms
27/32
Thursday Aug, 03
Thunderstorms
27/32
Friday Aug, 04
Thunderstorms
27/31