Japan provides non-refundable aid for five projects in Vietnam

2019-12-18 08:23:50
An agreement to provide USD432.239 in non-refundable aid to Vietnam to implement five projects was signed at Consulate General of Japan in Ho Chi Minh city on December 16th.

Photo for illustration. (Source: baodaklak.vn)

These projects will be launched in Ho Chi Minh city, Dak Lak, Kien Giang and Khanh Hoa.

The five projects include: building a semi-boarding kitchen for Phan Dinh Phung primary school in Ho Chi Minh city; building rural roads in Ea Toh commune, Krong Nang district, Dak Lak province; supporting construction of 6 rural transport bridges in 4 districts: An Bien, An Minh, Chau Thanh and Go Quao in Kien Giang province; providing X-ray machine and digitized X-ray system for a health centre in Khanh Son district, Khanh Hoa province; and building four new classrooms and toilets for Le Thi Hong Gam primary school in Krong Pac district, Dak Lak province.

Earlier, on December 10th, the Japanese government also provided USD1 million non-refundable aid for 5 other small-scale projects in 8 localities and 3 centrally-governed cities.

According to Japanese Ambassador to Vietnam, Umeda Kunio, the non-refundable aid program of the Japanese government aims to realize effective projects which bring high benefits to local people. The program began in 1992 and has provided a total grant up to USD54 million to about 650 projects./.

Viet Nam lures over $25 billion in foreign investment in 11 months

Viet Nam received US$25.1 billion in foreign investment in the first 11 months, up 0.5 per cent month-on-month but down 5 per cent year-on-year, the Foreign Investment Agency (FIA) has said.
09:59:54 | 29/11/2022

2022 a quiet time for M&As

Figures from KPMG show that Vietnam’s merger and acquisition (M&A) market was down sharply in 2022 compared to 2021 both in deal numbers and size. No M&A deal worth in excess of $1 billion has been seen this year. It is forecast that the M&A market will be active once more in the next few years as foreign investors become more involved because domestic money is limited due to rising interest rates and lower liquidity.
21:40:42 | 07/11/2022

Vietnam treasures ties with Belgium: PM

Prime Minister Pham Minh Chinh hosted a reception in Hanoi on November 6 for the newly-appointed Belgian Ambassador to Vietnam Karl Van Den Bossche, during which the host affirmed that Vietnam always treasures its ties with Belgium.
21:32:32 | 07/11/2022

Problems in PPP projects still waiting to be solved

There are still shortcomings in the implementation of public-private partnership (PPP) projects, which need to be resolved promptly and thoroughly, in order to show the attention and support from the State, and create an equal investment environment.
07:52:49 | 02/11/2022

Forum seeks ways to promote Vietnam - U.S. trade in new context

Trade has become a pillar of the growing bilateral relationship between Vietnam and the U.S., Vice Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Hoang Quang Phong said on November 16.
15:48:10 | 17/11/2021

Airborne security force set up to prevent terrorism, illegal interference

The Ministry of Public Security has officially established an airborne security unit under the Immigration Department, which is responsible for preventing and combating terrorist attacks and unlawful interference to ensure aviation security in Vietnam.
15:44:56 | 17/11/2021