Hanoi, March 16 -- A ceremony took place in Hanoi on March 15 to exchange the agreement signed by the Vietnamese Ministry of Finance (MoF) and the French Development Agency (AFD) to fund two projects worth 72.3 million EUR (80 million USD) in Vietnam.

The agreement supports the Hoi An anti erosion and sustainable coastal protection project in the central province of Quang Nam and the central coastal urban development project for green growth and climate change response in Dong Ha city, Quang Tri province.

Speaking at the event, Deputy Minister of Finance Vo Thanh Hung said the committed loan amount further solidifies AFD's position as Vietnam's largest bilateral donor in Europe, highlighting the French Government's commitment to strengthe...