Vietnam and Belgium have signed an agreement for a six-year project to build a "Green Growth Strategy Facility" worth 5.5 million EUR (7.3 million USD).

The facility will promote green initiatives including energy efficiency, transferring clean technology and managing waste and waste water.

Under the agreement, a fund for green growth initiatives will be set up with the Belgium "seed" money, then the Ministry of Planning and Investment will be responsible for developing the fund by attracting local and international donations.-VNA