Denmark provides US$90 million ODA to Vietnam

Source: Pano feed

(VOV) -Danish Ambassador to Vietnam John Nielsen announced that the Scandinavian country will provide US$90 million in official development assistance (ODA) to Vietnam during the 2014-2015 period.



At a press conference in Hanoi on June 10, Ambassador Nielsen stated the funding will focus on the fields of green growth, adaptation to climate change, economic private sector development, safe water and sanitation, culture, and public governance.The Danish diplomat also pledged to support Vietnam in its struggle to combat poverty and achieve sustainable economic development.



Nielsen stressed that Vietnam is on the right track and its business environment is seeing noticeable improvements, however, there still remains obstacles such as bureaucratic hurdles, corruption, and lack of skilled labourers.Since 1994, Denmark has provided over US$1.3 billion in ODA for Vietnam. The country is the largest provider of non-refundable aid among EU member states to Vietnam.




Đăng ký: VietNam News