Four Contracted Projects Valued at US$712 Mln for Development of Vietnam

The State Bank of Vietnam and World Bank in Vietnam has drawn up a treaty of granting credit from International Development Association (IDA) for some on-going projects including University Education project 2, Traffic Infrastructure Development project for the Mekong Delta, Urban Traffic Development project for Hanoi, and additional loans for traffic and flood presentation for he Mekong Delta. The remaining funds are provided from the Vietnamese Government, non-refunded loans of the Japanese Government and documentary credit of AusAid.