OFFICIAL              I   o  w A'
DOCUMENTS
The World Bank                              1818 H Street N.W.       (202) 477-1234
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT  Washington, D.C. 20433  Cable Address: INTBAFRAD
INTERNATIONAL DEVELOPMENT ASSOCIATION       U.S.A.                   Cable Address: INDEVAS
June 9, 2015
Mr. Nguyen Vdn Binh
Governor
State Bank of Vietnam
Hanoi
Socialist Republic of Vietnam
Dear Governor Nguyen Vdn Binh,
Re:   Vietnam - Haiphong Urban Transport Development Project
(Credit No. 4900-VN)
Amendment to Financing Agreement
We refer to the Financing Agreement ("Agreement") dated May 31, 2011, as
amended, between the Socialist Republic of Vietnam ("Recipient") and the International
Development Association ("Association"), for the Haiphong Urban Transport Development
Project ("Project"). We further refer to: (a) a letter dated May 15, 2015 from Mr. Ha Hai An,
Deputy Director General, Department of International Cooperation, State Bank of Vietnam,
on behalf of the Recipient, requesting certain modifications to the Agreement; and (b) further
discussions between the World Bank's task team and the Recipient's line ministry.
We are pleased to inform you that the Association concurs with your request and to
give effect to such request agrees to amend the Agreement as follows:
1.    Article 2.01 of the Agreement is amended to read as follows:
"The Association agrees to extend to the Recipient, on the terms and conditions set
forth or referred to in this Agreement, a credit in an amount equivalent to one hundred twelve
million one hundred thousand Special Drawing Rights (SDR 112,100,000) (variously,
"Credit" and "Financing") to assist in financing the project described in Schedule I to this
Agreement ("Project"), except for Part A.4(b) of the Project."
2.    The table under paragraph 2 of Section IV.A of Schedule 2 to the Agreement
is amended to read as per Attachment I to this letter.
Except as specifically amended herein, all other provisions of the Agreement remain
in full force and effect.
Please confirm your agreement with this amendment by countersigning, dating and
returning to us the enclosed copy of this letter. Upon receipt by the Association of the


countersigned copy of this letter, this amendment shall become effective as of the date of the
signing of the Agreement.
Sincerely Yours,
INTERNATIONAL DEVELOPMENT ASSOCIATION
By
Victoria Kwakwa
Country Director for Vietnam
East Asia and Pacific Region
CONFIRMED:
SOCIALIST REPUBLIC OF VIETNAM
By:
Name:                T
Title: cj) fQ
Date:   2._____10___1104C_


ATTACHMENT 1
Revised Disbursement Table
Category              Amount of the Credit       Percentage of
Allocated          Expenditures to be
(expressed in SDR)          Financed
(inclusive of Taxes)
(1) Goods, non-consulting            15,400,000                100%
services, consultants' services
(including for audits), Training,
and Operating Costs for Parts A. 1,
2, and 4 (a), B, and C of the
Project, and works for Part B.3 (a)
and C3 of the Project
(2) Works for Parts A.1, 2 and 3 of  96,512,476                100%
the Project
(3) Refund of Preparation Advance      187,524         Amount paid pursuant to
Section 2.07 of the
General Conditions
TOTAL AMOUNT                   112,100,000