The Japanese Government will give support to 12 technical cooperation projects in Vietnam for the 2013 fiscal year, announced the Japanese Embassy at a press briefing in Hanoi on May 14.

The projects are in the country’s socio-economic development areas such as enhancement of State-owned enterprises’ capacity in financial management, banking system restructuring, climate change, agriculture and rural development, and vocational training.

In 2011, Japan provided 10 billion yen for Vietnam’s technical cooperation projects.

The country is Vietnam’s second biggest bilateral donor, with ODA totalling 2.118 trillion yen since 1992.

Japan now ranks third among 84 countries and territories investing in Vietnam in terms of registered capital and first in terms of the amount of disbursed capital.-VNA