ADB continues to invest in Vietnam’s infrastructure

The Asian Development Bank (ADB) will continue its support for infrastructure development in Vietnam.

At a press conference on Wednesday, ADB Vice President for Knowledge Management and Sustainable Development Bambang Susantono introduced the report "Meeting Asia's Infrastructure Needs", which covers the region's power, transport, telecommunications and water and sanitation infrastructure. He said Vietnam should pay further attention to fiscal renovation, including tax reform, spending re-orientation as well as prudence in borrowing and collecting non-tax revenues.

He suggested that in addition to encouraging the participation of private sector, creating attractive environmental climate and deepening the capital market, the Vietnamese Government should sort out priorities for spending and investment.

Source: VOV5