ADB helps improve lives in Vietnam’s northeastern provinces
Latest
TIN LIÊN QUAN | |
ADB supports development of green, resilient urban infrastructure in Vietnam | |
Prime Minister Nguyen Xuan Phuc hails ADB’s assistance |
The project will benefit over 212,000 people in Bac Kan, Cao Bang, Ha Giang and Lang Son provinces.
Lung Cu district in Ha Giang province. (Photo: dulich.com) |
ADB Country Director in Vietnam Eric Sidgwick expressed his belief that the project will help develop the four provinces, especially in trade, agriculture and tourism.
The targeted province are expected to become trade hubs thanks to proximity to China, Hanoi, Hai Phong port and the ADB-supported Greater Mekong Subregion North-South Economic Corridor.
However, the gross domestic product per capita hits only 1,160 USD, nearly half of the country’s average 2,036 USD.
The project will clear barriers via developing basic infrastructure in the key fields of trade, transport, health care and agriculture while improving road connectivity by upgrading around 121km of provincial roads and 144km of district roads, supplying water to 42,300 rural people and improving infrastructure in agricultural value chain in Lang Son.
At the same time, it will also enhance capacity of provincial authorities, especially in public asset management.
The total cost of the project is estimated at 195.9 million USD, 45.9 million USD of which was from the Vietnamese government. It is scheduled for completion by the first quarter of 2023.
Vietnamese economy continues to perform well Vietnam’s economy continues to perform well despite several setbacks, said the Asian Development Bank (ADB) in its Asian Development Outlook Update (ADOU) 2017 report launched ... |
APEC economies target good regulatory practices The APEC Sub-Committee on Standards and Conformance convened its tenth Conference on Good Regulatory Practices (GRP) in Ho Chi Minh City on August 19-20. |
ADB supports SMEs in VN The Asian Development Bank (ADB)'s Trade Finance Program (TFP) is aimed at assisting Viet Nam and its businesses to expand trading opportunities, increasing competitiveness and promoting equitable ... |