Germany will provide EUR289.2 million for Vietnam to implement bilateral cooperative development projects in the next two years, according to the German Embassy in Hanoi.
Of the total, EUR1 million will be used for flood damage restoration and flood control in the Mekong Delta, the embassy said on December 15 as it announced the results of Germany-Vietnam development cooperation talks.
German Ambassador to Vietnam Claus Wunderlich said that since bilateral development cooperation was resumed in 1990, Vietnam has become one of the most important partners of Germany.
The two countries have strengthened their cooperation in the form of strategic partnership following the signing of the Hanoi joint statement during German Chancellor Angela Merkel’s visit to Vietnam in October.
The Head of the Southeast Asian Regional Development Policy Division, German Federal Ministry of Economic Cooperation and Development, Brunhilde Vest said the Vietnam-Germany cooperative programme is focused on sustainable economic development and vocational training; environmental policy, natural resource protection and sustainable use, and health care.
At the talks, the two sides agreed to develop environmental protection projects in response to climate change.