WB provides loans of $150 million for economic policy reform in Vietnam

The World Bank (WB)’s Board of Executive Directors this morning approved a loan of US$150 million for the Third Economic Management and Competitiveness development policy operation.
The loan aims to support the Vietnamese Government to intensify some reform priorities in socioeconomic development plans.
According to WB, Vietnamese economy restructuring has continuously progressed in many important fields such as banking reform, state own enterprise management and business environment improvement for the last five years.

By Ham Yen – Translated by Hai Mien

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