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JICA and Government agencies discuss reform projects

Update: October, 30/2013 - 17:56
The Japan International Co-operation Agency is currently in talks with the Ministry of Finance over a new joint project to assist the restructure of State-owned enterprises.— File Photo
HA NOI (VNS) – The Japan International Co-operation Agency (JICA) is currently in talks with the Ministry of Finance (MoF) over a new joint project to assist the restructure of State-owned enterprises (SOEs).

The organisation also confirmed talks with the State Bank of Viet Nam over the restructuring of the banking sector were ongoing and included the provision of technical support.

Both projects are still under consideration, with no immediate plans to sign cooperation agreements this month, JICA confirmed.

The two latest projects will provide crucial assistance to the Government to develop policy and build capacity to reform lagging SOEs and restructure the banking sector.

In a press release issued yesterday, JICA said what recently published in some local newspapers of the organisation's concrete commitment to restructure Viet Nam's bad debts were not correct.— VNS

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