WB finances higher education, urban development projects in Vietnam

(VOVWORLD) -The World Bank Board of Executive Directors on Tuesday approved financing for two projects worth a total of 422 million USD to help build a climate-resilient city in the Mekong Delta and improve the quality of Vietnam’s three national universities.
WB finances higher education, urban development projects in Vietnam - ảnh 1 Vietnam National University-Hanoi (Photo: VNU)

The Vietnam university development project, financed through a 295-million USD credit, will improve teaching and research capacity at Vietnam National University-Hanoi, Vietnam National University-Ho Chi Minh City and the University of Danang.

Through investments in modern infrastructure, cutting-edge equipment and knowledge transfer, it will help accelerate the transformation of these three universities into regionally competitive institutions with advanced teaching and research capabilities.

The Vinh Long City urban development and enhanced climate resilience project in Vinh Long Province, financed through a 127 million USD credit, will improve access to infrastructure and connectivity and reduce flood risks in Vinh Long City’s urban core.

By building flood control and wastewater management systems and developing key transport links, it will better equip Vinh Long to function as an economically and physically integrated metropolitan area.

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