(VOVworld) – Donors meeting in Kuwait on Wednesday pledged nearly 1.3 billion USD in humanitarian aid for victims of the Syrian war.
The one-day meeting was chaired by UN chief Ban Ki-moon with delegates from about 70 countries and 24 international organizations.
The meeting comes just a week before the so-called ‘Geneva II’ peace meeting aimed at finding a political solution to the 34-month conflict that has claimed 130,000 lives.
According to humanitarian organizations, 10.5 million Syrians are suffering from a shortage of food; more than 1 million children under 5 are seriously malnourished; half of Syria’s total population have no clean water, and 8.6 million individuals lack needed medical care.
It will cost about 14.3 trillion won (roughly 13 billion USD) to implement the projects agreed during the second inter-Korean summit in Pyongyang in 2007, according to the Unification Ministry of the Republic of Korea (RoK). The ministry estimates that it would cost 8.67 trillion won to support the development of infrastructure including repairs to the railway and road between Kaesong and Sinuiju. Some 3.3 trillion won will be needed for the second phase of the Kaesong Industrial Complex and easier travel, communication and customs clearance between the two Koreas. A special peace and cooperation zone in the West Sea…... [read more]
The Ministry of Construction reports that Ha Noi will need 208,95 trillion VND (13 billion USD) by 2020 to improve its transport system. The city would also have aside between 15 and 20 percent of its total land for construction of transport facilities. 150 inner city intersections will be expanded and upgraded white 46 new ones will be built on bypasses to ease trasffic congestion. Source: VNA... [read more]
International donors have pledged nearly 7.4 billion USD in official development assistance to Vietnam in 2012. The commitments were made at the Consultative Group Meeting in Hanoi on Tuesday. At the closing ceremony, Vietnamese Minister of Planning and Investment Bui Quang Vinh said that this is a very positive result amid recent debt crisis in developed countries around the world, The commitments reflect donors' support for Vietnam's efforts to accelerate economic restructuring and poverty reduction. Vinh said that Vietnam vows to speed up its ODA disbursement. "Vietnam will namange and use effectively the welcome aids to achieve its socio-economic goals…... [read more]
International donors committed Official Development Assistance (ODA) totaling around US$5 billion to Vietnam at a World Bank Consultative Group meeting that wrapped up in Hanoi Friday. Vietnamese Minister for Planning and Investment Vo Hong Phuc (R), World Bank Vice President James W. Adams and Country Director of Asian Development Bank in Vietnam Ayumi Konishi (L) at Friday's Consultative Group meeting in Hanoi The figure was lower than last year's $5.4 billion after Japan - Vietnam's biggest bilateral donor - on Thursday halted new soft loans pending the outcome of a corruption probe. Multilateral donors pledged the largest amount. The World…... [read more]
Sixty-three nations, rich and poor alike, have pledged 424 million USD, a record amount, to the United Nations Central Emergency Response Fund (CERF) to be able to react quickly to humanitarian emergencies around the world, a record amount. The UN's Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator, John Holmes, said that the amount, raised at a CERF donors' conference on Dec. 9, was extremely encouraging in light of the recent global economic and financial crisis that has squeezed the budgets of donor countries. Holmes said that the total number of donors has now increased to 115, including all five…... [read more]
Of the total, the Southeast Asian country disbursed $28 billion, including $3.5 billion in 2010. Among the donors, Japan remains the biggest bilateral donors with a total pledged ODA of $7.88 billion, including $1.76 billion last year. Vietnam needs around $30 billion in ODA next five years though it has become a middle-income country, Deputy Prime Minister Pham Gia Khiem said at the CG meeting opened in Hanoi last year. It is necessary to channel ODA sources to the private sector through the public-private partnership (PPP) to further engage it in socio-economic infrastructure development, Khiem added. (Labor)... [read more]
International organisations and several countries have pledged 790 million USD to Vietnam to cope with climate change. The commitment was made at a recent conference on science-technology for climate change adaptation and mitigation, said Tran Minh Ha from the Office of the National Target Programme to Respond to Climate Change. Of the total funding, 250 million USD will come from the Clean Technology Fund of the World Bank and the remaining will be provided by the governments of Denmark, France and Japan./.... [read more]
(CPV) - In Hanoi, on January 12, Australia, Denmark, and the United Kingdom co-sign the joint financing arrangement with the Vietnam's Ministry of Agriculture and Rural Development to improve the livelihoods of the rural poor in the nation. Accordingly, international donors have committed to finance 93 million USD (over 1,900 billion VNA) for phase 3 of the Vietnam's National Target Program for Rural Water Supply and Sanitation (NTP 3). "Joint donor support to NTP Phase 3 demonstrates our strong determination and long term commitment to improve the livelihoods of the rural poor in Vietnam through provision of clean water and…... [read more]
International donors will continue provide their assistance to Vietnam to implement effectively the country's strategy on HIV/AIDS prevention and fight, a United Nations official has said. UN Resident Co-ordinator in Vietnam Pratibha Mehta made the affirmation during talks with Deputy Prime Minister Nguyen Xuan Phuc on December 10 in Hanoi. Mehta, who led a delegation of representatives from embassies, international organisations and donors for HIV/AIDS, d rugs and prostitution prevention and fight in Vietnam, also made congratulations on achievements the country has made over the past years. On his part, Deputy PM Phuc highly evaluated the effective support given by…... [read more]
CPV: The total ODA (Official Development Assistance) pledged for 2001-2005 period is expected to reach 13.6 billion USD which includes non-refundable aid (15-20%) and soft loans. In recent years, ODA has accounted for around 15% of total investment from the State budget. Political and social stability, consecutive years of economic growth, and positive results from the poverty reduction programme are considered favourable conditions for Vietnam to call for ODA for its socio-economic development plan in the 2001-2005 period, said an official from the Ministry of Planning and Investment. ODA has played an important part in boosting the development of agriculture…... [read more]