Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 841 Sat. October 07, 2006  
   
Business


ADB plans $3b for Vietnam


The Asian Development Bank (ADB) said Friday 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.