World Bank loans Vietnam $507 mln for agriculture, poverty reduction, transport

Vietnam’s central bank and the World Bank on Thursday signed four credit agreements totaling US$507 million to support Vietnam’s priorities in sustainable agriculture, poverty reduction, and a bus rapid transit system.
The financing covers four projects: the Sustainable Agriculture Transformation Project (US$238 million), additional financing for the ongoing Livestock Competitiveness and Food Safety Project (US$ 45 million), additional financing for the Second Northern Mountains Poverty Reduction Project (US$100 million), and the Ho Chi Minh City Green Transport Development Project (US$124 million).