The Ministry of Finance and BNP Parisbas Bank (Belgium) have signed a loan agreement of 10million euros for a project to build and improve sewage pumping stations, west of Hanoi.
The project will include construction of the Co Nhue, Dong Bong No.1 and Dong Bong No.2 sewage pumping stations in Hanoi.
Earlier, on the occasion of the visit of Belgian Crown Prince Phillippe and Princess Mathilde to Vietnam, the Ministries of Finance of both the countries signed a Memorandum of Understanding to strengthen financial cooperation between Vietnam and Belgium.
The Memorandum of Understanding covers areas of cooperation in the financial market, debt management, macro-economics and analysis and fiscal management including tax and customs issues.
