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Source: VNS

Denmark commits $57m in aid

The Danish Government will extend approximately US$57 million in non-refundable aid to Vietnam next year, Danish Ambassador John Nielsen told a press briefing.

The Danish Government will extend approximately US$57 million in non-refundable aid to Vietnam next year, with support to focus on Vietnam's efforts to promote green growth, administrative reform and governing capacity, Danish Ambassador to Vietnam John Nielsen told a press briefing here yesterday.

During the coming year, Denmark and Vietnam would work together to build a Strategic Partnership on Green Growth, Climate Change and Energy Efficiency, Nielsen said.

"Denmark has allocated an additional grant of nearly $14 million to improve energy efficiency in small- and medium-sized enterprises and buildings," he said."The continued high level of Danish development assistance to Vietnam reflects a commitment to support the country in fostering a green and socially sustainable economy."

Nielsen expressed his hopes that Denmark and Vietnam would sign a Comprehensive Co-operation Agreement next year intended to strengthen political, commercial and cultural relations between the two countries.

Vietnam was one of ten countries to which Denmark would give commercial development priority in 2013, he said, adding that Denmark would also continue to prioritise support for legal and parliamentary reform, transparency and accountability.
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