The US Agency for International Development (USAID) in collaboration with the United Nations Development Program (UNDP) and the European Union (EU) has agreed to provide US$3.9 million of ODA for sustainable green growth projects.
The balance of the funding for the US$4.128 million projects to be implemented in Hanoi and surrounding provinces will be sourced from the Ministry of Planning and Investment (MPI) counterpart funds.
The projects are aimed at enhancing technical capacity for the MPI, the Ministry of Finance, the Ministry of Transport and other provinces to integrate the contents of green growth into the local budget and spending plans.
They are also expected to raise businesses and policy makers’ awareness about green growth and sustainable development, analysis on financial and investment policies, barriers, and support of policy dialogues.
The Prime Minister has asked the MPI to work with relevant agencies and the UNDP office in Vietnam to devise an annual plan to implement the projects in compliance with existing regulations and insure the ODA is used effectively.
Other News
- Japan gives Vietnam biggest-ever ODA package
- Japan gives Vietnam biggest-ever ODA package
- Japan provides US$422 million ODA loans to Vietnam
- Prime Minister calls for Metro No. 1 project to be completed by September
- 70% highway road in Vietnam built with Japan loans
- Vietnam should be cautious about environmental impact investment: JICA
- Japan’s ODA to Vietnam to focus on issues of global concerns from 2020: JICA
- Private sector investment finance – JICA’s tool to seek investment in infrastructure
- Vietnam tops priority of Japanese infrastructure investment
- Hanoi eager to quicken railway projects's pace
Trending
-
Vietnam's updated NAP: Progress in climate action
-
Vietnam news in brief - November 20
-
Prime Minister meets world leaders at G20
-
Hang Ma Street gears up for festive season
-
A Hanoi artisan turns straw into appealing tourism product
-
“Look! It’s Amadeus Vu Tan Dan” workshop - an artistic journey for kids
-
Vietnam news in brief - November 15
-
Experiencing ingenious spaces at the Hanoi Creative Design Festival 2024
-
Hanoi Festival of Creative Design 2024: celebrating the capital's cultural innovation