Japan will provide Vietnam with non-refundable assistance worth 600 million JPY (7.2 million USD) to rehabilitate public infrastructure damaged by floods and storms last year in the Mekong delta.
An exchange note to this effect was signed in Hanoi on Mar. 21 between Minister of Agriculture and Rural Development Cao Duc Phat and Japanese Ambassador to Vietnam Tanizaki Yasuaki.
Addressing the signing ceremony, Minister Phat highly appreciated Japan’s assistance to Vietnam and the Ministry of Agriculture and Rural Development in particular, in overcoming consequences of natural calamities.
Between six and eight major storms hit Vietnam each year, causing human and property losses estimated at one percent of the country’s GDP, the ministry added.
Ambassador Tanizaki Yasuaki said he believed that through Japan’s assistance and Vietnam’s efforts, living conditions of people in affected areas will be restored soon and a mechanism for natural disaster control will be improved, protecting people’s lives./.
An exchange note to this effect was signed in Hanoi on Mar. 21 between Minister of Agriculture and Rural Development Cao Duc Phat and Japanese Ambassador to Vietnam Tanizaki Yasuaki.
Addressing the signing ceremony, Minister Phat highly appreciated Japan’s assistance to Vietnam and the Ministry of Agriculture and Rural Development in particular, in overcoming consequences of natural calamities.
Between six and eight major storms hit Vietnam each year, causing human and property losses estimated at one percent of the country’s GDP, the ministry added.
Ambassador Tanizaki Yasuaki said he believed that through Japan’s assistance and Vietnam’s efforts, living conditions of people in affected areas will be restored soon and a mechanism for natural disaster control will be improved, protecting people’s lives./.
