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Jun 11, 2014 / 14:28

Denmark provides non- refundable assistance for Vietnam

Denmark will disburse USD90 million in official development assistance to Vietnam, said Danish Ambassador to Vietnam John Nielsen in a press conference held on June 10 in Hanoi.

According to the ambassador, the capital, which is a non-refundable assistance, will be poured into the green growth, climate, private sector development, water and sanitation, culture and governance activities.
 
 Danish Ambassador to Vietnam John Nielsen in the press conference
Danish Ambassador to Vietnam John Nielsen in the press conference
The Danish support also comprises a comprehensive cultural support program, with a focus on supporting artists and performers.
“We trust that our development assistance will support the Vietnamese Government’s effort to fight poverty and promote a more sustainable economic development,” said Ambassador John Nielsen during the press conference.
Since 1994, Denmark has provided over USD1.3 billion in ODA for Vietnam. According to the latest European Union Blue Book, Denmark is the biggest provider of non-refundable assistance among EU member states in Vietnam, with the assistance accounting for nearly 25% of the total non-refundable assistance fund provided by all EU member states./.