Grand Aid Evolution for Vietnam; Credit: Ministry of Foreign Affairs

Luxembourg Minister of Cooperation and Humanitarian Action, Romain Schneider, will make a working visit to Vietnam and Laos from 13 to 16 November 2017; the visit will focus on changes to financial aid in the two countries.

Luxembourg and Vietnam have maintained development cooperation relations since 1993, and in 1995 Vietnam became a partner country of the Luxembourg Cooperation. In 2011, Vietnam became a middle-income country and Traditional Development Cooperation, based on the Indicative Cooperation Programmes (ICP), came to an end in 2015. Since 2016, the bilateral partnership between Luxembourg and Vietnam has continued at other levels, particularly in the areas of research, renewable energies, the fight against climate change, education and finance.

Aid from Luxembourg peaked in 2015 with a total grant of €10.21 million awarded to Vietnam, but has since dropped to €6.08 million this year and will continue to drop to €4.62 and €2.48 million in 2018 and 2019 respectively. Indeed, in light of Vietnam’s development progress, Luxembourg’s grant based ODA will phase out and the two countries are striving to diversify their partnership.

During his visit to Hanoi on 14 November, Minister Schneider will meet Nguyen Chi Dzung, Minister of Planning and Investment, to sign a new General Agreement on Cooperation on which this new partnership will be established.

Romain Schneider will then travel to Laos where he will have bilateral interviews with several members of the Lao government, including the Deputy Prime Minister, the Minister of Foreign Affairs, the Minister of Health, the Minister of Justice and the Minister of Planning and of Investment to follow up the Luxembourg Cooperation in Laos. This will be an opportunity to sign the €15 million increase in the Indicative Cooperation Program, initially endowed with an indicative amount of €60 million.

Cooperation with Laos focuses on the health, education and human resource development sectors in tourism and hotels, as well as the integrated local development and governance sector.