Japan's loan to Vietnam

Tue, 08 Nov 1994 | Source: AFP

TOKYO (AFP): The Japanese government is expected to provide a loan of 65 billion yen (US$670 million) to Vietnam for the financial year to next March, official sources were quoted as saying yesterday.

Japan is likely to express readiness to extend the loan at an international meeting to be held in Paris on Tuesday of next week to discuss measures to help Vietnam, Jiji Press quoted the sources as saying.

The Japanese government extended a 59.9 billion yen loan for the 1993-94 financial year.

Japan resumed official aid to Vietnam in 1992-93 after suspending it during the Vietnam war and the Cambodian conflict.

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