Politics

Germany pledges over 113.5 million EUR in ODA for Vietnam

Germany has pledged to provide 50 million EUR (58.8 million USD) in official development assistance (ODA) loans and another 63.559 million EUR in non-refundable ODA for 14 technical assistance and investment projects in Vietnam this year.
Germany pledges over 113.5 million EUR in ODA for Vietnam ảnh 1Director of the MPI's Foreign Economic Relations Department Pham Hoang Mai (centre) shows the signed minutes of the virtual meeting with Director for Asia at the German Federal Ministry for Economic Cooperation and Development Gisela Hammerschmidt (Photo: vneconomy.vn)
Hanoi (VNA) – Germany has pledgedto provide 50 million EUR (58.8 million USD) in official development assistance(ODA) loans and another 63.559 million EUR in non-refundable ODA for 14technical assistance and investment projects in Vietnam this year.

The commitment was made during arecent governmental-level meeting on the Vietnam - Germany developmentcooperation in 2021 held via videoconference, according to the Ministry ofPlanning and Investment (MPI).

Among the beneficiary projects, theone on building a centre for epidemic forecasting and management proposed bythe Health Ministry as an emergency response to the COVID-19 pandemic willreceive 15 million EUR in non-refundable ODA.

The MPI said the German Government views Vietnamas a “global partner” in development cooperation under the new BMZ 2030strategy.

During the meeting, attended by Director of the MPI's Foreign Economic Relations Department Pham Hoang Mai and Director for Asia at the German Federal Ministry for Economic Cooperationand Development Gisela Hammerschmidt, the German side expressedtheir wish to enhance cooperation with Vietnam in handling global issueslike climate change, environmental protection, and global economic stabilisation.

The European country also agreed toreinforce ties in health care to help Vietnam cope with COVID-19, the MPI added./.
VNA
#Germany #official development assistance #ODA #Vietnam - Germany relations #Ministry of Planning and Investment #BMZ 2030 #German Government #updated Vietnam news #Vietnamplus #Vietnam News Agency Germany Vietnam
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