~ Le Viêt Nam, aujourd'hui. ~
The Vietnam News

Year :      [2006]      [2005]      [2004]      [2003]      [2002]      [2001]      [2000]      [1999]      [1998]      [1997]

ADB plans 3 billion dollars in assistance for Vietnam

HANOI - The Asian Development Bank (ADB) said it plans to provide Vietnam with three billion dollars in assistance from next year to 2009 if the communist country maintains its economic reform course. ADB country director Ayumi Konishi said concerns remain in some areas, including anti-corruption efforts and the pace of equitising state-run enterprises and reforming the financial sector.

"Our ambitious assistance plan really reflects our expectations and our hope that the government will address all these concerns in a satisfactory manner," Konishi told a Hanoi media briefing. He stressed that the loans and grants earmarked for public works and other projects under the ADB's 'business-led and pro-poor' strategy are "not our commitment yet but an expression of our preparedness." Vietnam's accession to the World Trade Organisation, which observers expect later this year or in early 2007, "will be the beginning for Vietnam to be integrated into the globalising world economy," Konishi said.

"Vietnam will see a lot of opportunities and a lot of competition."

Agence France Presse - October 6, 2006.