Sign up | Log in



Home  >>   Daily News  >>   Vietnam News  >>   Infrastructure  >>   Vietnam signs infrastructure deal
NEWS UPDATES Asean Affairs        6  May 2011

Vietnam signs infrastructure deal

Related Stories

April 23, 2011
Vietnam ministry urged to revamp road contracts

February 15, 2011
Vietnamese infrastructure projects lack funding

November 25, 2010
Vietnamese infrastructure investment urged

November 15, 2010
Thai industry may shift to Myanmar

On Thursday the Governor of the State Bank of Viet Nam, Nguyen Van Giau and the President of the Asian Development Bank (ADB), Haruhiko Kuroda, signed a US$1.38 billion financial assistance deal set to help increase access to clean water, conserve threatened forests and ease urban gridlock throughout Vietnam.

The total project cost will amount to approximately US$4.5 billion.

"The ADB's assistance will help ensure access to clean water, the development of cities and the preservation of biologically diverse forests for future generations," said ADB President Kuroda. According to the ADB, in many of Viet Nam's largest cities, up to 40 percent of treated water is lost before it reaches the end user. Moreover, four in every 10 families have no connection to a central water supply system at all. The $1 billion financial support mechanism from the ADB will help improve clean water access for 3 million families in Viet Nam's cities, including half a million poor households who will receive their own piped water connection for the first time. The ADB's assistance forms part of a $2.8 billion investment programme

A $30 million loan from the ADB's concessional Asian Development Fund will further enhance cross-border co-operation in protecting a continuous stretch of biologically diverse forest in Viet Nam's central region, which spans the highlands of Quang Tri, Thua Thien-Hue and Quang Nam provinces.

A $350 million loan, part of an overall $636 million ADB package will support a $1.6 billion project to construct a modern expressway to the south of congested HCM City. The 57-kilometre expressway between Ben Luc and Long Thanh will reduce traffic congestion in the heart of HCM City by allowing vehicles travelling from east to west to bypass the city centre. When the expressway opens in 2017, it will reduce east-west travel time by 80 percent and cut the number of traffic accidents by 10 percent.

Vietnam's GDP reached $104.6 billion during 2010.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    6  May 2011 Subsribe Now !
  • Asean deals with Myanmar issue Subcribe: Asean Affairs Global Magazine
• VW to build factory in Indonesia Asean Affairs Premium
• Indonesia looks at sale of islands
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Tycoon to list shipping company        
• Moro rebels threaten to end talks

• Thai mutual funds get good grades

• Thai beverage producer turns to nano

• Vietnam signs infrastructure deal p

Asean Analysis    May 2011

Advertise Your Brand
• Myanmar again troubles Asean Sponsor Our Events

Asean Stock Watch    May 2011

• Asean Stock Watch-May 6 p

Global News Impacting Asia    17 November 2010


• Bank of America sees Asian inflation


• Lloyd’s increases insurance push in Malaysia


• Wells Fargo analyst on euro


• Obama’s visit to Asia


ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand