European Commission plans 160 million development package for Viet Nam

A pledge of 160 million Euro has been designated to aid in the implementation of the Socio-Economic Development Plan for Viet Nam, Vietnam Economic Times reported Wednesday.

Tuesday marked the signing of a memorandum of understanding between Vo Hong Phuc, the Minister of Planning and Investment, and Ambassador Markus Cornaro, Head of the European Commission Delegation in Viet Nam.

Part of a larger 304 million Euro plan, the funds seek to aid in the attainment of the Millennium Development Goals by 2010, with a key aspect being the continued development of health services for the poorest and most rural regions of Viet Nam.

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