German Ambassador to Vietnam, Rolf Schulze said that Vietnam is one of the countries suffering the most of adverse effects of climate change. The loan will be implemented by the German Development Bank (KfW) to help the Electricity of Vietnam develop an efficient energy programme in rural areas.

The project will be carried out in 2,000 communes with 2.9 million households using electricity in 45 provinces throughout the country. The project aims to reduce losses of electrical energy from 30 percent to 15 percent and save around 400 million kwh per year or VND 300-400 billion per year for the national economy.

At the press briefing, Mr Rolf Schulze said that the official launch of the website www.gdc-vietnam.org on German cooperation and development in Vietnam will provide information about sustainable development, environmental protection, the sustainable use of natural resources and healthcare in the Vietnamese, Germany and English language.

Vietnam has always been a reliable partner for Germany’s cooperation and development and the webpage clearly demonstrated the coordination between Germany and Vietnam in this field, Mr Rolf Schulze noted.