HA NOI (VNS)— Finland will provide 9.7 million euros (US$12.5 million) for Viet Nam to develop a management information system for its forestry sector.
An agreement between the two governments to provide ODA for the Development of a Management Information System for the Forestry Sector project - Phase 2 (FORMIS II) was signed in Ha Noi yesterday.
The signing is part of the activities to mark the 40th anniversary of diplomatic ties between Viet Nam and Finland.
FORMIS II will be implemented nationwide over five years starting from April 2013 with a total investment of over 10.1 million euros.
Addressing the signing ceremony, Finnish Ambassador to Viet Nam Kimmo Lahdevirta expressed his hope that the project would support the sustainable development of the Vietnamese forestry sector, minimise the impacts of climate change, and help people in remote areas gain access to information sources in the field.
Deputy Minister of Agriculture and Rural Development Ha Cong Tuan spoke highly of the outcomes of FORMIS I (2009-12), saying that it had made a significant contribution to the country's forestry sector and served as an important premise for the Finnish government to continue its aid for the second phase.
Tuan affirmed that his ministry would do its utmost to ensure the efficiency of the project at the highest level, thus promoting the sustainable management of forestry resources and contributing to Viet Nam's poverty reduction and socio-economic development. — VNS