Hello, Uncle Nippon

Article Abstract:

Japan has offered a $370 million commodity loan to Vietnam under a low interest repayment scheme. The new economic ties mark the end of a 14 year trade stoppage between the two countries. The loan will help Vietnam regain international assistance and will aid in capital development schemes. While Vietnam is not obligated to purchase Japanese commodities, Japanese businesses are trying to use the opportunity favorably.

Economic policy

---

Ready to help: agencies prepare their menus of projects

Article Abstract:

International Monetary Fund (IMF) will provide Vietnam with economic aid and credits provided the US permits normalized relations between Vietnam and the IMF. Vietnam ceased to be eligible for loans in 1985 when it failed to make payments. Aid from the World Bank and the Asian Development Bank would quickly ensue if IMF assistance is approved. Japan's contribution of $300 to $400 million is expected to be the largest.

International Monetary Fund, Cover Story, International relations, World Bank, Asian Development Bank (Manila, Philippines)

---

Call to alms

Article Abstract:

The resumption of Japanese economic aid to Vietnam has paved the way for renewed foreign investment in the country. Japanese companies are poised to invest in Vietnam as a result of the aid renewal. Budget and commodity aid are the forms of immediate assistance proposed by Japan.

Japanese foreign relations

Similar abstracts:

• Abstracts: Shield Diagnostics shares are mired despite claim of progress with Axis. Smiths considers possible spinoff of automotive unit
• Abstracts: Dickson mulls Barney's bid. Futures exchange to expand range of investment products. WTO presents opportunity
• Abstracts: Enel expands in Spain. Fiat to sell Toro insurance unit. De Agostini takes a gamble, raising its bid for Lottomatica
• Abstracts: Bordering on peace: China and India ease tensions along frontier. In from the cold
• Abstracts: Little comfort. Haunted by the past. Brother enemy: Japan and Korea are tied by a painful past

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.