Vietnam will
receive loans worth a combined $1.6 billion from Japan to fund eight projects
to develop its infrastructure and technology, the Finance Ministry said on
Friday.
The loan agreements, signed by the ministry and the Japan International
Cooperation Agency on Friday, brought Japan's fund commitment to Vietnam to
around $21 billion, the ministry said in a statement.
The loans will fund Vietnam's development of Hoa Lac science and
technology city and infrastructure projects including the expansion of
Hanoi-based Noi Bai airport, National Road 3, Ho Chi Minh City railway, the
statement said.
Japan is now Vietnam's largest international donor, the ministry said.
Reuters
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