Japan offers 200 mln USD loan for Vietnam
The Japanese Government plans to
provide a loan of between 150-200 million USD to support Vietnam’s
economic stimulus packages in the context of the global economic
crisis.
The Japanese Government plans to
provide a loan of between 150-200 million USD to support Vietnam’s
economic stimulus packages in the context of the global economic
crisis.
Nguyen Xuan Tien, Vice Head of the Department for External Economy under the Ministry of Planning and Investment, told the Tuoi Tre (Youth) newspaper, that the two sides are conducting negotiations on the loan, which is part of the Japanese Government’s 3 billion USD emergency aid package for Asian countries to help them cope with the global crisis.
Tien said an agreement on the loan is expected to be signed by the end of this year.
The newspaper also cited the Department for External Economy source that another agreement on Japanese loan worth 10-15 billion JPY (100-150 million USD) is expected to be signed in early 2010 to assist Vietnam’s programme to cope with climate change./.
Nguyen Xuan Tien, Vice Head of the Department for External Economy under the Ministry of Planning and Investment, told the Tuoi Tre (Youth) newspaper, that the two sides are conducting negotiations on the loan, which is part of the Japanese Government’s 3 billion USD emergency aid package for Asian countries to help them cope with the global crisis.
Tien said an agreement on the loan is expected to be signed by the end of this year.
The newspaper also cited the Department for External Economy source that another agreement on Japanese loan worth 10-15 billion JPY (100-150 million USD) is expected to be signed in early 2010 to assist Vietnam’s programme to cope with climate change./.
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