Japan provides 25 billion JPY in ODA for Vietnam

The Japanese government will provide official development assistance (ODA) loans worth 25 billion JPY (244 million USD) for the 2013 fiscal year.
The Japanese government will provide official development assistance(ODA) loans worth 25 billion JPY (244 million USD) for the 2013 fiscalyear.

A diplomatic note of exchange on the provision was signedin Hanoi on March 5 by Minister of Planning and Investment Bui QuangVinh and Japanese Ambassador to Vietnam Hiroshi Fukada.

Theamount will be allocated to two key projects, with 10 billion JPY goingto the Support Programme to Respond to Climate Change (SP-RCC) and 15billion JPY to the second Economic Management and Competitiveness Creditfor Vietnam (EMCC 2).

Two detailed agreements for the loans areexpected to be inked on March 6 by representatives of the FinanceMinistry and the Japan International Cooperation Agency (JICA).

TheODA source is part of the programme to assist Vietnam’s socialinfrastructure development and increase its foreign investmentattraction and international integration, Ambassador Hiroshi Fukadasaid.

Vietnam pledges to use Japan’s ODA loan in a transparent, purposed and effective manner, Minister Vinh said.-VNA

See more

Representatives from the Vietnamese Embassy in the UK, LHR leaders, airline partners, and passengers at the anniversary event (Photo: VNA)

Vietnam Airlines marks 10 years of UK route operations

Vietnam Airlines launched its direct UK route in 2011, initially operating from London Gatwick Airport (LGW) before transitioning to Heathrow in 2015, improving connectivity to one of the UK’s major international hubs./.

President of the Cuban Chamber of Commerce (CCC) Antonio Luis Carricarte Corona. (Photo: VNA)

Cuban commerce official optimistic about bright future of Vietnam-Cuba cooperative ties

President of the Cuban Chamber of Commerce (CCC) Antonio Luis Carricarte Corona hailed Vietnam as Cuba’s second-largest trading partner in Asia and its top investor, spotlighting its foothold in the Mariel Special Development Zone via Viglacera. This zone, he noted, is set to become a pivotal hub for Vietnamese investment in the years ahead.

Imported cars seen at the northern port city of Hai Phong. (Photo: VNA)

Ministry proposes tax cuts for some imported cars

This initiative aims to diversify the supply of imported vehicles, foster competition in the domestic market, and align Vietnam’s tax policies with the evolving trends of the automotive industry.

Minister of Industry and Trade Nguyen Hong Dien and Deputy Prime Minister of the Republic of Belarus Anatoly Sivak sign the meeting minutes. (Photo: VNA)

Vietnam, Belarus unveil key solutions to boost trade

Vietnam and Belarus are set to deepen bilateral cooperation in all fields, particularly in economy-trade and science-technology, through their Intergovernmental Committee mechanism, affirmed Minister of Industry and Trade Nguyen Hong Dien.

Honda Vietnam's new CEO, Sayaka Hattori (Photo: VNA)

Honda Vietnam has new female CEO

Sayaka Hattori, a Japanese national with over 25 years of experience in the automobile and motorcycle industry, was appointed as new CEO of Honda Vietnam on April 1.

Illustrative image (Photo: VNA)

Annual enterprise census kicks start nationwide

The survey will span all the 63 provinces and centrally-run cities in Vietnam, targeting enterprises and cooperatives engaging in production and business activities across almost all sectors.