No additional credits from Japan were pledged for Vietnam in the six-month fiscal period starting April 2019, the Japan International Cooperation Agency (JICA) has said. JICA’s press conference in Hanoi last week. Photo: JICA In fiscal year 2018, there were either no new credit from Japan for Vietnam due to Vietnamese policies on curbing public debt and cumbersome administrative procedures, according to JICA. There are total 28 operational official development assistance (ODA) projects in Vietnam while the gross disbursement reached JPY8.798 billion (US$81 million) during the period, JICA said in a report released last week. So far, the number of technical cooperation projects hits 34, including one complete and two newly-launched. The number of non-refundable projects is four, including a new one. The portfolio of projects proposed by Japanese companies has expanded to 55, including four complete and 19 new projects. Meanwhile, there have been 28 development partnership programs, including three finished and 10 new ones. Focus in six-month fiscal period Chief Representative of JICA’s Vietnam Office Konaka Tetsuo at the press conference in Hanoi last week. Photo: Linh Pham The Japanese government’s funding, through JICA, has focused on three main fields, namely economic growth and competitiveness enhancement,… Read full this story
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