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Update news AIIB
Prime Minister Nguyen Xuan Phuc received in Phnom Penh on May 11 senior representatives of the World Economic Forum (WEF), the Asian Infrastructure Investment Bank (AIIB) and Cisco of the US.
VietNamNet Bridge - According to the Asian Development Bank (ADB), emerging economies in Asia, including in Vietnam, will need $26 trillion from now to 2030 to develop infrastructure.
Although the offered low-cost loans from AIIB (Asian Infrastructure Investment Bank) are very attractive, economists say Vietnam needs to think carefully before borrowing money.
The heads of the World Bank and the International Monetary Fund said Thursday that they are willing to strengthen cooperation with the Asia Infrastructure Investment Bank to unleash the huge potential in the region.
VietNamNet Bridge - Vietnam still has not provided an answer to the question on whether to join AIIB. Meanwhile, economists have called on the government to think carefully before making a decision.