France provides loans and non- refundable aid to Vietnam
The French Agency for Development (AFD) will provide eligible Vietnamese businesses and organisations with 113 million EUR in loans and non-refundable aid this year, as part of its non-sovereign package launched in Vietnam for the first time.
A memorandum of understanding to this effect was signed in Hanoi on May 22 by Deputy Minister of Planning and Investment Nguyen Van Trung and AFD Director Remi Genevey, under which the sum will go to four projects.
In 2010, AFD offered a trial loan package of 100 million USD to Huoi Quang hydropower plant, managed by the Electricity of Vietnam.
Operational in Vietnam since 1994, AFD has to date committed 1.5 billion EUR to 76 projects in the country. For the past five years, its annual average commitment has reached nearly 100 million EUR.
14:43, 2024/11/18
Aircraft manufacturer Embraer seeks comprehensive aviation partnership with Vietnam
The Vietnamese leader urges the aircraft manufacturer to collaborate on technology transfer, airport construction and operation, research, and investment in Vietnam.
21:55, 2024/10/22
Better links with FDI firms to support Hanoi businesses
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
15:24, 2024/09/24
Vietnam calls for more US investment in innovation, hi-tech
The Vietnamese leader called on relevant agencies to resolve any challenges faced by investors and enhance the investment climate to encourage greater US investment in Vietnam.
14:13, 2024/09/23
Vietnamese leader urges Boeing to build production facility in Vietnam
Boeing is committed to continuing to support the development of Vietnam's aviation ecosystem, focusing on aviation infrastructure, human resources training, airport construction, and aircraft maintenance facilities.
14:38, 2024/09/17
Foreign capital pouring into Vietnam's real estate market
Experts are optimistic that the 2024 Land Law, once enacted, will help resolve legal bottlenecks and attract more FDI.
16:27, 2024/08/24
Vietnam news in brief - August 24
Read The Hanoi Times to stay up to date on developments in Vietnam.
- Growing number of FDI firms moving to Vietnam
- Vietnam Gov’t committed to facilitating Adani Group’s US$2-billion port project
- Vietnam Railway proposes US$87 million for Hanoi–Dong Dang railway upgrade
- Vietnam’s North-South high-speed railway to be designed for 350km/h
- Vietnamese gov’t urged to address impact of global minimum tax
- Samsung plans drastic investment increase in Vietnam over next three years