The World Bank estimated that 28 million Vietnamese, or 35% of the country’s population, are still living under poverty line and 85% of them are residing in rural Vietnam, therefore improving living conditions for those people is an urgent task for the Southeast Asian country in the decade. And the World Bank-financed rural finance project 2 was of great significance to Vietnam in poverty reduction. The bank just decided to inject $200 million more to the rural finance project No 3, under which $19.7 million will have been disbursed as of end-March of 2010.
