Vietnam PM Ratifies ADB-funded University Project

Vietnamese Prime Minister Nguyen Tan Dung has ratified a protocol of a project to build Hanoi University of Science and Technology with the loan from Asian Development Bank (ADB). The Ministry of Education and Training has been assigned to assist investors to complete, verify and ratify the documents for the project, the Vietnamese Government said on its website Mar 14, giving no details about the investment value. The Hanoi University of Science and Technology was set up under PM’s Decision No. 2067/2009 Q?-TTg dated on December 9, 2009. The university, which has enrolled students from 2010, uses English to teaching students, while French is also taught as an extra language. Vietnam was among the founding members of the ADB in 1966, but operations were suspended between 1979 and 1992, before resuming again in 1993. Cumulative assistance since ADB resumed its operations in Vietnam includes 99 sovereign loans totaling $8 billion, 245 technical assistance grant projects amounting to $188.4 million, and 24 other grant projects totaling $139.1 million. (www.news.gov.vn Mar 14)