Business

Belgium finances green growth in Vietnam

Vietnam and Belgium have signed an agreement for a six-year project to build a "Green Growth Strategy Facility" worth 5.5 million EUR (7.3 million USD).
Vietnam and Belgium have signed an agreement for a six-year project tobuild a "Green Growth Strategy Facility" worth 5.5 million EUR (7.3million USD).

The facility will promote green initiativesincluding energy efficiency, transferring clean technology and managingwaste and waste water.

Under the agreement, a fund forgreen growth initiatives will be set up with the Belgium "seed" money,then the Ministry of Planning and Investment will be responsible fordeveloping the fund by attracting local and international donations.-VNA
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