ADB Lends Vietnam $160 Million To Improve Healthcare, Irrigation

The Vietnamese government Tuesday signed agreements with the Asian Development Bank for two loans worth a combined $160 million and an $ 11 million grant to improve the country's healthcare service and irrigation system, the lender said.

The first agreement, for a loan of $60 million and an $11 million grant, will finance a program to reform the country's healthcare system, the ADB said in a statement.

The second loan of $100 million will be used to upgrade the Bac Hung Hai irrigation system in northern Vietnam and fund the expansion of the Water Resources University, it added.

Dow Jones Newswires

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