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Jakarta (VNA) - The United Nations Development Programme (UNDP) and the Korea International Cooperation Agency (KOICA) launched on September 10 an 18 million USD project to provide solar power systems to rural communities in four provinces across Indonesia. The project, called ACCESS Project, will install 23 communal solar power systems with a total power of 1.2 MW in 23 villages in West Sulawesi, Southeast Sulawesi, East Nusa Tenggara and Central Kalimantan by 2023. According to Sophie Kemkhadze, deputy resident representative of UNDP in Indonesia, the project will contribute to the achievement of the UN’s Sustainable Development Goals (SDGs). ACCESS Project is a beacon of important contribution to SDGs for both Indonesia and Timor Leste, not only because it addresses one particular goal for SDGs, which is access to global energy, or because it contributes to the agenda of environment and climate, but also because it addresses so many different goals, Sophie said. It is in … [Read more...] about UNDP, KOICA launch solar power plant project in Indonesia

Hanoi (VNA) – Indonesian Minister of Cooperatives and Small and Medium Enterprises Teten Masduki has said his Government is seeking to expand its business assistance programme to around 3 million more small businesses affected by the COVID-19 outbreak by reallocating funds from other programmes within the government’s stimulus plan. … [Read more...] about Indonesia to extend assistance to small businesses

Jakarta (VNA) – Indonesian Coordinating Economic Minister Airlangga Hartanto said on September 7 that the government had earmarked 3.8 trillion IDR (256.8 million USD) for the down payment for purchasing COVID-19 vaccines. At an online press conference, he said the government plans to spend 37 trillion IDR (2.51 billion USD) next year for a multi-year vaccine development programme. The government is eyeing several potential vaccines that are currently under development. The first is the Merah Putih vaccine, which is being developed by the Research and Technology Ministry and the Eijkman Institute for Molecular Biology. The second is the vaccine being developed by state pharmaceutical holding company PT Bio Farma in cooperation with Sinovac Biotech of China. The third vaccine is the one being developed by United Arab Emirates' Group 42 (G42) Healthcare. According to Airlangga, Indonesia plans to procure 290 million doses of the Sinovac vaccine next year and 30 million doses of … [Read more...] about Indonesia to set aside over 2.7 billion USD for COVID-19 vaccine procurement

In addition to this scheme, the Erasmus+ programme also offers a variety of instruments to support higher education institutions through the Capacity Building in Higher Education (CBHE) scheme, the promotion of European Studies through Jean Monnet scheme and short-term exchanges of students and scholars through the International Credit Mobility (ICM) scheme. … [Read more...] about EU presents over 200 masters scholarships to ASEAN students

Amid the Covid-19 pandemic, the global investment flow is likely to contract by 40% in 2020, but in Vietnam, newly registered capital has risen 6.6% and the number of new FDI projects inched up over 22% during the pandemic, Do Nhat Hoang, head of the ministry’s Foreign Investment Agency (FIA), said while addressing a dialogue on FDI attraction held today, September 4. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8