Bulgaria to Get Vietnamese Debt in 1 Month

Politics » DIPLOMACY | July 7, 2010, Wednesday // 17:42
Bulgaria: Bulgaria to Get Vietnamese Debt in 1 Month Bulgaria's Finance Minister Simeon Djankov and Vietnam's First Deputy Prime Minister Nguyen Sinh Hung have signed a treaty for settling the Vietnamese debt to Bulgaria. Photo by BGNES

The Bulgarian Finance Minister Simeon Djankov and the Vietnamese First Deputy Prime Minister Nguyen Sinh Hung have singed a treaty for the settlement of the Vietnamese debt to Bulgaria, which amount to USD 1,3 M.

Nguyen Sinh Hung stated that Vietnam will give Bulgaria back around USD 725 000 in a month and the rest USD 600 000 will be used as official help to the Vietnamese economy within Bulgaria's commitments within the EU policies to provide official help.

At the official meeting on Wednesday, Djankov and Sinh Hung have discussed bilateral cooperation in the spheres of industry, energy, tourism, agriculture and education, through student exchange programs.

Nguyen Sinh Hung has expressed his desire to see Bulgarian universities open affiliates in his country.

On his part, Djankov has accepted the invitation to visit Vietnam by the end of the year, together with a Bulgarian business delegation.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Diplomacy » Be a reporter: Write and send your article
Tags: Vietnam, Nguyen Sinh Hung, Simeon Djankov, debt

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria