Vietnam, RoK strengthen financial cooperation
The agreement is
part of activities to implement the memorandum of understanding on
their financial cooperation in the 2012-2015 period.
At the talks, Vietnamese Finance Minister Vuong Dinh Hue spoke highly
of the RoK ministry’s assistance to Vietnam, particularly in
implementing official development assistance (ODA) projects in Vietnam
.
He expressed his hope that this year, the RoK
will continue sharing experience in restructuring State-owned
businesses, managing State reserves, supervising the financial market
and assessing the implementation of the State’s investment and export
credit policies.
Since 2008, the RoK has been named
in the top three ODA providers for Vietnam , focusing on
infrastructure, urban development, vocational training, health and water
supply.
In 2011, the RoK provided 215 million USD
in ODA for six projects in Vietnam, including the Da Nang and Lao Cai
hospitals, a solar power plant in central Quang Binh province, a water
supply and drainage programme in Long Xuyen city (An Giang province), a
climate change prevention programme and a project to build the
Government’s data and information centre./.VNA