Sign up | Log in



Home  >>   Daily News  >>   Vietnam News  >>   Investment  >>   ADB lends US$176m to Vietnam
NEWS UPDATES Asean Affairs   21 January 2013  

ADB lends US$176m to Vietnam

 Vietnam yesterday signed four loan agreements with the Asian Development Bank (ADB) for US$176 million to strengthen capacity in various areas like public-private partnerships and food safety.

The agreements were signed by Nguyen Van Binh, governor of the State Bank of Vietnam, and Tomoyuki Kimura, the ADB's country director for Vietnam.

The largest loan of $130 million will help transform the border towns of Dong Ha, Lao Bao (in the central Quang Tri Province) and Moc Bai (the southeastern Tay Ninh Province) into economic hubs by improving urban and environmental infrastructure and strengthening local institutional capacities.

A $20 million loan will come from the bank's Asian Development Fund (ADF) to fund the Public Private Partnership Support Project to increase private investment in infrastructure.

"Provision of adequate physical infrastructure is a necessary condition to ensure the country's economic growth and people's access to services and opportunities," Kimura said.

"The challenge then is how to mobilise the financing needed to develop infrastructure, and clearly this will largely rely on encouraging more private sector investment, such as through well placed public financing coupled with support to overcome policy, institutional, information and risk barriers to investment."

A $11 million loan will fund a project to develop food-safety capacities. This will help establish, strengthen, and implement surveillance and inspection programmes for food safety, including safe handling in the tourism industry, and regional cooperation as well as sanitary and phytosanitary management of food trade in the Greater Mekong Subregion.

The final loan of $15 million, also from the ADF, is for capacity building in HIV/AIDS Prevention, which will help the government develop its national and regional capacity to mitigate HIV risks and vulnerability, primarily in the country's 15 border provinces.

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

Today's  Stories    21 January 2013   
Subsribe Now !
• Asean MPs press Laos on missing activist
Subcribe: Asean Affairs Global Magazine
• Japan to fund projects worth US$500m in Vietnam Asean Affairs Premium
• Brunei must employ 'quiet diplomacy' to defuse regional tensions: expert
• UN, 20 nations join Thailand in helping Rohingya
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Jakarta declares emergency as water levels rise
• ADB lends US$176m to Vietnam
 • Philippines' company acquires Spanish brandy firm
 • Baht among biggest gainers as dollar index rises  
Asean Analysis              16 January  2013      Advertise Your Brand
• Asean Analysis- January 16, 2013  
• Asean Weekly- January 11, 2013 Sponsor Our Events

Asean Stock Watch      18  January  2013    

• Asean Stock Watch- January 18, 2013
• Asean Stock Watch- January 17, 2013

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






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

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

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand