Swiss SECO Helps Boost Sustainable Urban Development in Vietnam

On June 21, the Swiss State Secretariat for Economic Affairs (SECO) and the Urban Development Agency under Vietnam’s Ministry of Construction inked a memorandum of understanding (MoU) on collaboration on sustainable urban development in Vietnam.

The MoU is aimed to build a technical supporting project for the Vietnam-Swiss urban development program, which uses SECO’s non-refundable grants in 2021-2024, reported the Xay Dung (Construction) newspaper, the ministry’s mouthpiece.

Switzerland’s development program in Vietnam will contribute to the implementation of the Politburo’s Resolution 06-NQ/TW, the National Urban Development Strategy, and the Prime Minister’s Decision 438/QD-TTg.

Since 2008, Vietnam has been a priority in SECO’s cooperation strategy. SECO’s development cooperation strategy in Vietnam in 2017-2020 focused on promoting sustainable urban development, adapting to climate change, and supporting the management of urban areas. (Bao Xay Dung)