France provides financial support for Vietnam
The French Development Agency (AFD) has signed two important financial support agreements worth 20.5 million euro with Vietnam’s two investment funds on urban development in Danang and Can Tho cities.
Of the figure, AFD will offer 500,000 euro in non-refundable aid.
The signing ceremony is under the framework of a meeting of the Council for France-Vietnam Economic Cooperation Development which is being held in Paris from November 21-25.
The financial package will help two Vietnamese cities to implement socio-economic goals, deal with challenges to the urban development process and cope with climate change.
AFD’s total financial support for Vietnam has so far reached more than 1 billion euro.
Source : vovnews.vn