AFP | Hanoi

HANOI (AFP) — The Asian Development Bank (ADB) and Vietnam on Monday signed a 196-million-dollar loan for a hydropower plant, the country’s first major dam project to be backed by a multilateral development agency.

The 156-megawatt Song Bung 4 Hydropower Project will be built in the Vu Gia-Thu Bon river basin of central Quang Nam province, a remote and poor area home mainly to the indigenous Co Tu minority, the ADB said in a statement. …

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