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Nonetheless, Vietnam’s promotion of ODA disbursement shows that this funding is still considered an important capital source in projects relating to infrastructure, science and technology, and human resources. According to the MoF, as of August 27, ODA disbursement of localities only reached about 22 per cent of the assigned estimate. However, the situation improved compared to June when it only hit about a mere 13 per cent. Vietnam is also starting to address more issues related to the slow disbursement of ODA capital, such as cutting administrative procedures and land clearance, and finding ways to facilitate the entrance of foreign experts amid battling the pandemic. … [Read more...] about Balancing act required for efficiency of ODA in Vietnam

Geneva (VNA) - Vietnam hailed the World Health Organisation (WHO)’s initiative to set up the Facilitation Council of the Access to COVID-19 Tools Accelerator (ACT-A) as it will help step up the development and equitable distribution of vaccines and technologies in response to the COVID-19 outbreak, said Ambassador Le Thi Tuyet Mai, head of the Permanent Mission of Vietnam to the UN, WTO and other international organisations in Geneva. At the first meeting of the council on September 10, Mai thanked the WHO and the European Mission for inviting Vietnam to attend the event as the ASEAN Chair in 2020. She went on by highlighting ASEAN and Vietnam’s recent efforts in response to the coronavirus outbreak, and affirming the member states’ commitments to enhancing solidarity and international cooperation to fight the pandemic, particularly activities of the Facilitation Council of the ATC-A so as to promote equitable access to vaccines and tools responding to the pandemic … [Read more...] about Facilitation Council of ACT-A important to fight COVID-19: Vietnamese diplomat

Hanoi (VNA) – An exchange note on a non-refundable aid for COVID-19 prevention and control was signed between the Vietnamese and Japanese governments on September 7. On the behalf of the two governments, Acting Minister of Health Nguyen Thanh Long and Japanese Ambassador Yamada Takio signed the note. The ODA grant is worth 2 billion JPY (18.8 million USD) in total, including 1.8 billion JPY for the Vietnamese side and about 200 million JPY for the agents designated by the Japanese Government. It will be disbursed in 18 months, from August 2020 to January 2022. The assistance aims to provide technical support in upgrading medical equipment at four hospitals of the Vietnamese Health Ministry, namely the National Hospital for Tropical Diseases, the National Lung Hospital, the Da Nang C Hospital, and the National Institute of Hematology and Blood Transfusion, thereby helping to improve their capacity in COVID-19 prevention and control. Appreciating the grant, Acting Health … [Read more...] about Japan aids Vietnamese hospitals in COVID-19 fight

The Vietnamese Government has created favourable conditions for foreign entrepreneurs, experts, engineers and workers, including those from Busan, to safely enter Vietnam, the official said, adding that HCM City has set up a working group addressing difficulties in this field. … [Read more...] about HCM City, Busan to set up virtual inter-sector working group

The two sides agreed to promote cooperation in the areas of economy, trade and investment; maritime cooperation; counter-terrorism and fighting transnational crime; connectivity; science-technology and innovation; natural disaster prevention, control and mitigation; climate change response, cultural and people-to-people exchange, and narrowing development gaps. Regarding response to COVID-19, India affirmed to support ASEAN in overcoming the pandemic's consequences and promoting sustainable recovery and work closely with ASEAN in research and production of COVID-19 vaccines and treatment medicines. ASEAN appreciated India's active support for regional cooperation, including capacity building, narrowing the development gaps, and earmarking one billion USD in credit to support projects connecting the two sides. Addressing the event, Deputy Prime Minister and Foreign Minister Pham Binh Minh emphasised the importance of the ASEAN-India strategic partnership and affirmed India as a … [Read more...] about ASEAN step up cooperation with EU, India