WB willing to finance Vietnam’s railway sector

WB willing to finance Vietnam’s railway sector

The World Bank has surveyed and is willing to finance some railway projects in Vietnam, said Kathy Whimp, operations manager for the World Bank in Vietnam, at a Monday meeting with Deputy Minister of Transport Nguyen Danh Huy.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam needs Japan ODA for high-speed railway, semiconductor development: PM

Vietnam needs Japan ODA for high-speed railway, semiconductor development: PM

Vietnamese Prime Minister Pham Minh Chinh has asked the Japan International Cooperation Agency (JICA) to provide more preferential official development assistance (ODA) loans for Vietnam, with priority given to high-speed railways and the semiconductor sector.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam-Japan partnership an ‘outstanding’ success story: association chair

Vietnam-Japan partnership an ‘outstanding’ success story: association chair

The golden jubilee of constantly strengthening Vietnam-Japan relations marks an “outstanding success story” scripted by Vietnamese diplomacy, says Prof. Nguyen Mai, chairman of the Vietnam's Association of Foreign Invested Enterprises (VAFIE).

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Japan seeks cooperation with Vietnam in semiconductors, rare earths

Japan seeks cooperation with Vietnam in semiconductors, rare earths

Japan wishes to cooperate with Vietnam in surveying, exploiting and processing rare earths and developing related industries, said the Northeast country's Minister of Economy, Trade and Industry Nishimura Yasutoshi.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

South Korean President okays $4 bln ODA for Vietnam

South Korean President okays $4 bln ODA for Vietnam

Visiting South Korean President Yoon Suk Yeol has agreed to provide Vietnam with $4 billion in official development assistance by 2030.

Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7

Australia to provide $69.4 mln for Vietnam’s infrastructure development, energy transition

Australia to provide $69.4 mln for Vietnam’s infrastructure development, energy transition

Australia will offer Vietnam an aid package of AU$105 million ($69.4 million) to help the country with infrastructure development, climate change response and energy transition, Australian Prime Minister Anthony Albanese said on Sunday.

Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7

ADB to provide $130 mln for key infrastructure projects in Mekong Delta city

ADB to provide $130 mln for key infrastructure projects in Mekong Delta city

The Asian Development Bank (ADB) has agreed to provide loans of $130.3 million for the Mekong Delta city of Can Tho to invest in key transport infrastructure development with climate change adaptation.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam F&B startup nabs $1 mln from Touchstone Partners

Vietnam F&B startup nabs $1 mln from Touchstone Partners

Oda, a Vietnamese startup providing food procurement systems for restaurants and suppliers, has secured $1 million in seed round funding from Touchstone Partners.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC eyes $9.5 bln investment in 6 new metro projects until 2035

HCMC eyes $9.5 bln investment in 6 new metro projects until 2035

Ho Chi Minh City is drafting a plan to invest VND236,629 billion ($9.53 billion) in building six more metro projects until 2035, while admitting state budget and official development assistance (ODA) capital are limited.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Use state budget for second Hanoi metro line's extra costs: PM

Use state budget for second Hanoi metro line's extra costs: PM

Prime Minister Pham Minh Chinh has asked relevant agencies to seek state budget funds for extra costs incurred in the Nhon-Hanoi Station metro line, instead of official development assistance (ODA).

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

PM asks Japan to aid Vietnam in developing national express railway

PM asks Japan to aid Vietnam in developing national express railway

Prime Minister Pham Minh Chinh asked the Japanese Bank for International Cooperation to help Vietnam research and develop its North-South high-speed railway during a meeting Friday.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Six int'l development banks pledge $2.2 bln for Mekong Delta

Six int'l development banks pledge $2.2 bln for Mekong Delta

Six development banks including ADB, KEXIM, AFD, KfW, JICA, and WB on Tuesday committed to provide $2.2 billion worth of ODA and preferential loans to 20 projects in Vietnam’s Mekong Delta.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7