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

Ha Noi hospital-goers beat heat with free water 1    Ha Noi hospital-goers beat heat with free water

By the time Nguyen Thi Thung, grey-haired and sporting traditional ba ba brown clothes, stops her motorbike near the gates of Ha Noi Cancer Hospital, patients, relatives and street vendors holding empty bottles are already queued up.

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.

CAAV plan seeks to tighten baggage security 2    CAAV plan seeks to tighten baggage security

The Civil Aviation Administration of Viet Nam (CAAV) has issued a plan for better management and prevention of theft of passengers' baggage and cargo, and to ensure aviation security.

Son makes Dad prize wheelchair 1    Son makes Dad prize wheelchair

Le Van Hoa works through his lunchtime at a workshop at the Hue College of Industry every day, despite the extreme heat. He is finalising an electric wheelchair designed for his father who was paralysed in a motorbike accident 12 years ago.

Prime Minister awards merit certificate to swimmer Vien 1    Prime Minister awards merit certificate to swimmer Vien

Nguyen Thi Anh Vien received a Labour Order third class, and a merit certificate from Prime Minister Nguyen Tan Dung on Monday.