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ITALIAN-VIETNAMESE DEBT-FOR-DEVELOPMENT SWAP PROGRAMME

Vietnam

Initiative timeframe: 2015/2018

Total initiative costs

€ 210,000.0
Reparted as
  • Loans -
  • Grants € 210,000.0

Dati finanziari aggiornati al 25.11.2015

Status

25 Complete
25%

Vietnam


Location

Central Vietnam provinces, preferably Ha Tinh, Quang Binh, Quang Tri, Thua Thien Hue, Quang Nam and Quang Ngai.

The programme of debt relief type is intended for directing the use of the debt that the Government of the Socialist Republic of Vietnam owes to the Government of Italian Republic. The amount of debt, which is estimated to be approximately 7,700,000 Euro, will be used to finance projects in priority sectors, such as those intended to mitigate the effects of climate change (for example, eco-regions/biodiversity conservation and forest protection). The projects will take place in Central Vietnam provinces, where the poverty rate is higher. The programme is in compliance with programming guidelines and directives of the Italian development cooperation 2010-2012, the Agreement on Development Cooperation between the two government and the Vietnamese Social Development Plan. read more close

Main outcome

Through the implementation of the projects funded by the Debt Swap programme the sustainable management of natural resources and local livelihoods will be enhanced in Central Vietnam provinces (preferably Ha Tinh, Quang Binh, Quang Tri, Thua Thien Hue, Quang Nam and Quang Ngai).

Initiative data

Initiative number 010012
Purpose Bio-diversity
Sector General Environment Protection

Subjects

Agency MAE - Direzione Generale per la Cooperazione allo Sviluppo
Counterpart authority Ministry of Finance of Vietnam, Ministry of Planning and Investment of Vietnam
Representative utl.hanoi@esteri.it
Other financiers Project applicant entities

Beneficiaries

Poor and vulnerable communities living in Central Vietnam provinces, preferably Ha Tinh, Quang Binh, Quang Tri, Thua Thien Hue, Quang Nam and Quang Ngai.

Title € Committed € Used
Local Fund - Vietnamese Debt Swap Programme 41,000 41,000
-

MAECI - DGCS

Expert fund set up by MAECI-DGCS in order to ensure the consulting missions of experts on specific technical aspects, as well as monitoring and evaluation. Specifically, the tasks that the expert will perform are: - Negotiating and preparing the operative manual which is necessary to define in details all the procedures related to the management and control of the programme. The manual include also all the procedures for the use of the Counterpart Fund (CPF). - Preparing the call for proposal announcement, including project selection criteria, guidelines, rules and procedures.

Status Ongoing
Type Technical Assistance/Consultancy and related expenses
Procedure Competitive Bidding
Procurement notice Contract awarded

Embassy of Italy in Hanoi

Local fund set up by MAECI-DGCS in order to ensure the technical assistance to the programme during its implementation.

Status Ongoing
Type Technical Assistance/Consultancy and related expenses
Procedure Competitive Bidding
Procurement notice Tender preparation