The World Bank (WB) on May 24 approved a credit program worth US $350 million to improve the efficiency of Việt Nam’s public investment.
The program is designed to enhance the capacity of project selection, implementation, financial management and supervision of public investment.
It is part of the WB’s program to help the Southeast Asian country reform public investment and weather lingering negative affects of the global economic crisis in 2009.
The first phase of the US $500 million program was approved in December 2009. /.