The World Bank has committed to loan USD11 billion till 2029 for major infrastructure projects in Vietnam. Some of the key projects include the Hanoi metro (Van Cao – Lang Hoa Lac section), the Ho Chi Minh City – Can Tho railway, carbon credits and clean energy plants among others.
The Government of Vietnam will oversee these projects monthly to ensure progress. Previously, the World Bank has provided approximately USD25 billion to Vietnam for socio-economic development projects.