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Update news world bank
In 2024, the World Bank committed a 350 million USD loan to the Vietnamese Government to implement the one-million-hectare project which associated with green growth in the Mekong Delta.
The project is jointly financed by the WB with up to 250 million USD and a 10-million-USD non-refundable grant from the Swiss State Secretariat for Economic Affairs (SECO), along with counterpart funding from the Vietnamese Government.
According to a World Bank representative, in the 2010-2020 period, Vietnam filed fewer than 100 patents with the top five international intellectual property offices, with almost none in the semiconductor sector.
Vietnam could save decades in innovation by attracting overseas engineers and scientists, says World Bank.
Vietnam is a pioneer in low-emission rice farming, she said, adding that many people around the world are eager to visit the country to learn from this model.
A World Bank report released on March 12, 2025, underscores Vietnam’s booming electric vehicle market, which is expected to revolutionize transportation and generate millions of high-tech jobs.