The Export-Import Bank of Korea (Korea Eximbank) has said that it has agreed to open a 2 billion USD credit line to Vietnam’s State-owned Vietnam Oil and Gas Group (PetroVietnam) in a bid to help more Korean companies venture into the fast-growing economy.
The ODA National Steering Committee held a meeting with donors in Hanoi on June 17 to seek solutions to speed up the disbursement of ODA capital and preferential loans, which has showed signs of slowing down in recent years.
Twenty two official development assistance (ODA) projects with total investment exceeding 2.7 billion USD have been deployed in irrigation since 1994, according to an official of the central project office (CPO) under the Ministry of Agriculture and Rural Development (MARD).
Leaders of major groups and smaller businesses from the Republic of Korea (RoK) will join President Moon Jae-in on his state visit to Singapore this week, the Korea Trade-Investment Promotion Agency (KOTRA) said on July 9.
Deputy Prime Minister Truong Hoa Binh has called on Vietnam and the Republic of Korea (RoK) to increase the exchange of high-ranking visits and meetings in order to enhance political trust, expand cooperation and deepen their bilateral ties.
Minister of Planning and Investment Nguyen Chi Dung has visited the Republic of Korea to attend a celebration of the Korea Economic Development Cooperation Fund (EDCF)’s 30th founding anniversary.
The Republic of Korea will provide a loan of one billion USD for the Philippines to develop infrastructure, according to Yonhap news agency.
Construction of a drainage and waste water treatment system funded by the Republic of Korea (RoK)’s Government was commenced in Long Xuyen city, the Mekong Delta province of An Giang, on October 8.
Prime Minister Nguyen Tan Dung on Oct. 20 spoke highly of the assistance given to Vietnam by the Republic of Korea (RoK) and urged the country to provide capital for infrastructure projects in Vietnam.
