Business

ADB funds development of VN’s water supplies

The Asian Development Bank (ADB) has pledged a loan of 1 billion USD for Vietnam to carry out its water development programme over the 2011-2020 period.
The Asian Development Bank (ADB) has pledged a loan of 1 billion USDfor Vietnam to carry out its water development programme over the2011-2020 period.

According to the TechnicalInfrastructure Department under the Ministry of Construction (MoC), ADBplans to lend the country 250 million USD in 2011 to fullfil projectsincluded in the national programme to provide clean water supplies andprevent a loss of revenue until 2025 as well as grant 1.5 million USDfor the programme’s technical assistance project.

TheMoC said that the programme will focus on raising public awareness andthe capacity of local authorities as well as improving managementprocedures for agencies that supply water. It will also draw up andintroduce mechanisms to prevent the unnecessary loss of water.

The programme will be funded by the State budget, official developmentassistance (ODA), investment credits and capital from the agencies thatsupply water.

The MoC is working with otherministries and agencies to mobilise ODA from the ADB, the World Bank andother organisations to complete the programme./.
Follow VietnamPlus

See more

Loading rice for export at a port in Vietnam (Photo: VNA)

Exports hit new records following strong momentum

Vietnamese enterprises have set records across multiple areas, demonstrating strong export momentum that not only expands trade but also reinforces Vietnam’s position in global supply chains.

Products are promoted at the event. (Photo: VNA)

Vietnam connects resources to boost innovation, sustainable development

The Vietnam Innovation Summit, an annual international forum organised by InnoLab Asia, not only discusses policy and trends but also serves as a global bridge, bringing knowledge, resources, and cooperation opportunities from advanced innovation ecosystems worldwide to Vietnam.

Experts discuss at the seminar. (Photo: VNA)

CPTPP - Growth lever amid reciprocal tariff: Experts

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is one of the first new-genereration free trade agreements (FTAs) to take effect, playing a vital role in Vietnam’s export growth, especially amid the impacts of the US’s tax policies, according to insiders.

Delegates joining the programme (Photo: VNA)

Lam Dong promotes tourism, service products for Halal market

During the trip, the delegation will survey destinations in Da Lat and Phan Thiet to identify tourism products aligned with Halal standards. The programme also aims to promote Lam Dong’s cultural identity and signature tourism offerings to international partners, such as the Datala Waterfall, specialty coffee, Po Sah Inu Tower, the Ancient Fishing Village Fish Sauce Museum, and the "Fisherman Show – Legend of the Fishing Village.”

Speakers participate in a panel discussion on the future of renewable energy in Vietnam. (Photo: VNA)

Vietnamese, British businesses activate new cycle of collaboration

Denzel Eades, Chairman of BritCham Vietnam, noted that bilateral trade has reached 9 billion USD since the beginning of this year, while the UK’s direct investment in Vietnam has exceeded 4.5 billion USD. These figures reflect positive growth momentum and the potential for expanding bilateral cooperation in the new period.

BSR leaders receive Lao Ministry of Industry and Commerce (Photo: VNA)

Binh Son refinery expands export to Laos

As part of its business development strategy, BSR is expanding trade cooperation, signing long-term export contracts with partners in Southeast Asia, with a focus on supplying products to Laos, Cambodia, Myanmar, Indonesia, and new markets in East Asia.