Econ
Macroeconomic reform and green growth support
Information from the Government Office, Prime Minister Nguyen Tan Dung has approved a list of projects for "macroeconomic reforms and green growth support", financed by the German Government.
The project aims to support the process of implementing green growth strategies, transformation of growth pattern, restructuring the economy towards higher labor productivity, sustainable development and social environment.
In particular, the project will incorporate Green Growth Strategy for Vietnam on Socio-economic Development Plan of 2016-2020, especially in three priority areas of cooperation between Vietnam and Germany: vocational training, natural resources and energy.
Besides, supporting the activities of inter-agency coordination committee to implement the Strategy under the Green Growth National Commission on Climate Change; through the action plan of green growth at 5 selected provinces in the area of Mekong Delta, that is severely affected by climate change from rising sea levels.
At the mean time designing, building, implementing and monitoring the implementation of mechanisms and policies to mobilize financial resources for investment projects that are friendly with environment/ society and encouraging development of products / financial services - blue banking; the organizations of designed financial market, building and introducing products and services of new securities under the guidance of the Ministry of Finance, in accordance with international standards.
The project was implemented in 3 years (2015-2018). The Ministry of Planning and Investment is the agency project. Total funding for the project (excluding project of Component 3 that has been approved by Prime Minister in a list of Decision No. 2379 / QD-TTg dated December 29, 2014) was 7 million Euros, in which ODA grant consists of 6.5 million Euros from the German Government; counterpart fund of Vietnam is 500,000 Euros.
In particular, the project will incorporate Green Growth Strategy for Vietnam on Socio-economic Development Plan of 2016-2020, especially in three priority areas of cooperation between Vietnam and Germany: vocational training, natural resources and energy.
Besides, supporting the activities of inter-agency coordination committee to implement the Strategy under the Green Growth National Commission on Climate Change; through the action plan of green growth at 5 selected provinces in the area of Mekong Delta, that is severely affected by climate change from rising sea levels.
At the mean time designing, building, implementing and monitoring the implementation of mechanisms and policies to mobilize financial resources for investment projects that are friendly with environment/ society and encouraging development of products / financial services - blue banking; the organizations of designed financial market, building and introducing products and services of new securities under the guidance of the Ministry of Finance, in accordance with international standards.
The project was implemented in 3 years (2015-2018). The Ministry of Planning and Investment is the agency project. Total funding for the project (excluding project of Component 3 that has been approved by Prime Minister in a list of Decision No. 2379 / QD-TTg dated December 29, 2014) was 7 million Euros, in which ODA grant consists of 6.5 million Euros from the German Government; counterpart fund of Vietnam is 500,000 Euros.
