World Bank declares Vietnam Creditworthy

The World Bank has today declared that Vietnam’s development progress and increasing creditworthiness had made it eligible to access the International Bank for Reconstruction and Development. This is great news for Vietnam.

The International Bank for Reconstruction and Development is a branch of the World Bank to assist middle-income and creditworthy developing countries by promoting sustainable development through loans, guarantees, risk management products, and analytical and advisory services.

Loans through the International Bank for Reconstruction and Development is one of the cheapest types of loans on international financial market that developing countries can access.