Foreign NGOs Contribute $1.5B to Vietnam in Past 5 Years

Vietnam has recognized contributions of foreign NGOs in Vietnam over the past years. Foreign non-governmental organizations (NGOs) have contributed $300 million annually over the past five years, the government’s website reported. “This is a huge resource for Vietnam,” says the government. At a recognition ceremony on Tuesday, Nguyen Thien Nhan, president of the Vietnam Fatherland Front Central Committee, thanked foreign NGOs for their contributions to hunger eradication, poverty reduction and sustainable development of Vietnam. The Vietnam Union of Friendship Organizations recognized works of 45 NGOs out of 493 foreign NGOs operating frequently in Vietnam, 14 of which have been present in the country for over 30 years. (http://bizlive.vn/ Nov 18)