The World Bank on June 24 approved the loans of US$189 million for two environmental projects and two educational projects in Vietnam.
Of two environmental projects, one is a coastal cities project aimed at reducing river pollution in Quy Nhon City in Binh Dinh Province.
The other project is focused on managing the country’s vast bulk of polychlorinated biphenyls, an organic pollutant often used as an industrial coolant.
The World Bank-administered Global Environment Facility would support both projects with $12 million in funds, said the organisation
$177 million will be used to support the reform of Viet Nam’s primary and higher education systems.
About $50 million from the credit approved will be earmarked to implement the Higher Education Development Policy Programme.
The programme will enable the sector to expand the number of schools, while ensuring equal access to study programmes.
The World Bank also approved $127 million for the School Education Quality Assurance Programme for Viet Nam, which pays special attention to disadvantaged primary education students by supporting the Government’s full-day schooling reform programme.
The programme will fund improvements in policy framework, human resources, and school facilities and resources for the implementation of the programme.
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