Updated  
March, 27 2014 08:00:00

EU increases development funding

Deputy Prime Minister Pham Binh Minh receives Chief Operating Officer of the European External Action Service (EEAS) David O'Sullivan in Ha Noi yesterday.

HA NOI (VNS)— The European Union (EU) will increase development assistance for Viet Nam to EUR400 million (US$551 million) during 2014-2020 period, noted Chief Operating Officer of the European External Action Service (EEAS) David O'Sullivan.

The figure is substantially more than the EUR298 million sum offered during 2007-2013 period.

During a meeting with Deputy Prime Minister Pham Binh Minh yesterday, Sullivan reaffirmed the EU's commitment to help in concluding the Free Trade Agreement (FTA) negotiations with Viet Nam this year.

Deputy Prime Minister Minh, for his part, proposed that the EU ratify the comprehensive Partnership and Cooperation Agreement framework, and recognise Viet Nam as a market economy before concluding the EU–Viet Nam FTA talks by this October. — VNS

Send Us Your Comments:
Name:
Your E-mail address:
Title:
 

VietNamNews may edit your comments and not all emails will be published.

Highlight

Mountains of coal sludge still threat to lives in Quang Ninh Mountains of coal sludge still threat to lives in Quang Ninh

Wiping sweat from his forehead, 36-year-old Trinh Duc Sang took big strides along a road covered with muddy coal sludge and dirt to the place that was his home until just three weeks ago. He climbed a rickety ladder that buckled under his weight to reach his neigh-bour's house overlooking a creek. From there, he crossed into his old home.

Vietnam Airlines launches new-generation Airbus plane Vietnam Airlines launches new-generation Airbus plane

The national flagship carrier Vietnam Airlines held a ceremony on July 2 to receive its first Airbus 350-900 aircraft and announce its upgrade service quality programme and new brand identifying system, marking a major step in bringing the airline into the international arena.

Wounds begin to heal between US, Viet Nam 1    Wounds begin to heal between US, Viet Nam

Pham Ba Lu swore thousands of times that he "would not live under the same sky as the United States".

Mental disorders affect 10% of Viet Nam's population: MoLISA Mental disorders affect 10% of Viet Nam's population: MoLISA

Nearly 9 million people in Viet Nam, or 10 per cent of the population, suffer from mental disorders, including 2.5 per cent with serious mental illnesses under social protection.