UNDP funds Vietnam’s development strategy
Hanoi (VNA) – The United Nations Development Programme (UNDP) will provide 2 million USD in support for Vietnam to work out a socio-economic development strategy for the next decade.
The two-and-a-half year project, signed in Hanoi on July 30 between UNDP and the Government of Vietnam, aims to assist the Ministry of Planning and Investment’s Development Strategy Institute (DSI) in conducting necessary research and approaching international experiences.
As part of the joint cooperation plan between UNDP and the Vietnamese Government, the project is the second of its kind financed by the UN body after the first designed for the 2001-2010 period.
Speaking at the signing ceremony, DSI Director Ngo Doan Vinh pledged to carry out the project effectively. He also expressed his hope that the strategy will involve valuable reforms and the brainpower of many people, as well as encourage the whole society to realise the planned strategy.
UNDP Deputy Country Director in Vietnam Christophe Bahuet said along with achievements after 20 years of renewal, Vietnam is facing emerging challenges that require proper choices to further promote its socio-economic development.
Through the project, UNDP hopes to back Vietnam ’s access to high-quality expertise and practices to serve the formulation of the national development strategy.
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