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The five-year project will promote Vietnam’s leadership by enhancing the government’s commitment to reducing the demand and consumption of illegal wildlife products.

The USAID and the KOICA intend to strengthen the impact and increase the efficiency of their programs and achieve better measurable outcomes for the people in Vietnam.

Cat Lai Terminal handles roughly 50% of Vietnam’s total container volume annually.

The agreement reflects the United States’ continued commitment to supporting Vietnam’s efforts to become a more open, innovative, and inclusive economy.

The latest provision marks the intensified support for Vietnam’s Covid-19 response that USAID and UNICEF have extended over the past two years.

Alternative dispute resolution will be helpful for local firms after Vietnam signed over 60 bilateral investment treaties and free trade agreements.

Over the past five years, USAID has been working closely with Vietnam to foster collective action by local actors.

The project will contribute to improving the business enabling environment in Vietnam.

The project was announced during U.S. Vice President Kamala Harris’s visit to Vietnam in August and launched today.

The latest initiative is seeking potential training partners who can help local workers have jobs after finishing the courses.

USAID commits an additional $36 million over the next five years.

The activity builds upon over a decade of USAID’s partnership with the Vietnamese government to protect forests and biodiversity.

The eight-year project increases transparency, efficiency and effectiveness in payment for forest environmental services.