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VietNamNews

USAID approves $42m in support

Update: January, 15/2014 - 08:34
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HA NOI (VNS)— The United States Agency for International Development (USAID) yesterday signed a new five-year partnership agreement that would invest US$42 million in supporting disadvantaged groups in Viet Nam.

The funding is part of the Governance for Inclusive Growth programme signed between the Justice Ministry and USAID, which will target activities to increase the economic and social participation of women, ethnic minorities and vulnerable groups.

According to USAID Viet Nam Mission Director Joakim Parker, the programme will focus on shoring up policy frameworks in the country by improving regulations and public administration.

The programme will also include capacity building support relevant to commitments enshrined in the Trans-Pacific Partnership, which is expected to be signed this year. Two-way trade between Viet Nam and the US reached more than $25 billion in 2012. — VNS

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