Australia to provide $145m ODA to Vietnam in 2012

In the fiscal year 2011-2012, Australian government will finance some 18 million AUD (or $145 million) under the ODA (official development assistance) form for Vietnam, according to Australian Embassy.
The agency said that it began receiving application dossiers for Direct Aid Programme (DAP) in 2011-2012 for projects in the northern region, including provinces of from Thua Thien Hue to the north. The deadline to receive application is October 28, 2011.

DAP is a partly support together with the Australian government’s bilateral funding programme. DAP funds for small-scaled development projects with the aim of reducing difficulties and promoting development in the difficult communities.

DAP programme is designed for individuals, community organisations, nongovernmental organisations, research institutes, libraries, museums and other organisations involved in development activities in Vietnam on the basis of non-profits.

In the fiscal year 2010-2011, the Embassy of Australia has supported 15 projects in 12 provinces and cities in the north, including Quang Tri, Ha Tinh, Nghe An, Thanh Hoa, Ninh Binh, Ha Nam, Thai Binh, Lang Son, Bac Kan, Thai Nguyen, Hai Duong and Hanoi. – Source: Vietbiz24.com

Tags: invest in Vietnam, Vietnam FDI, Vietnam FDI 2011, Vietnam investment

Posted by VBN on Oct 5 2011. Filed under Economy News, Investment. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry