Infrastructure
World Bank Approves Nearly $667 Million for Vietnam's Infrastructure and Coastal Livelihoods
The World Bank has approved nearly $667 million in loans for three projects aimed at boosting Vietnam's infrastructure development and coastal fisheries. The funding from the International Bank for Reconstruction and Development (IBRD) focuses on enhancing trade corridors, climate resilience, and sustainable fishing practices.
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- WB Funds US$667 Million for Vietnam's Trade Connectivity and Coastal Livelihoods
The World Bank is providing nearly US$667 million in loans to enhance Vietnam's trade connectivity and support coastal livelihoods. The funding will target infrastructure development in key port city Hai Phong, the Mekong Delta, and sustainable fishing and aquaculture practices nationwide.