Tag: ODA

Nearly $450 million in ODA was secured in the first eight months of this year.

The Decree No. 242/2025/ND-CP took effect on September 10, 2025.

The disbursement rate was only 4.6% in the first four months of 2025, significantly lower than the national average disbursement rate for public investment of approximately 8% during the first quarter.

He replaces his predecessor Tran Luu Quang who has been promoted to a new position as Chairman of the Party Central Committee’s  Policy and Strategy Commission.

The total estimated investment for the project is over VND 8.78 trillion ($345.56 million).

The agriculture sector requires approximately $2.16 billion in foreign capital (ODA) for public investment during 2026-2030.

JICA loan of $448mln signed on July 4.

Localities facing difficulties in implementation procedures and other issues.

The Hanoi People’s Committee held a breaking ground ceremony on October 7 for the “Strengthening sustainable urban transport for Hanoi’s metro line No. 3 project”, with total investment of nearly $55 million coming from loans from the Clean Technology Fund (CTF), the Asian Development Bank (ADB), and reciprocal capital. The project will help Hanoi strengthen the development of a multi-modal public transport network.

The Ministry of Finance has sent an official dispatch to ministries, branches, and localities on accelerating the disbursement of foreign capital in 2022. The Ministry said disbursement of ODA and foreign concessional loan capital averaged only 15.48 per cent of the plan in the first eight months of this year, which is rather low. Average disbursement among localities was 11.5 per cent of the plan and among ministries and branches 22.94 per cent. Remarkably, six ministries and eight localities posted distribution rates of 0 per cent of the plan.

State President Nguyen Xuan Phuc held talks with Japanese Prime Minister Kishida Fumio on September 26 in Tokyo, as part of his visit to the country to attend the State funeral of late Prime Minister Shinzo Abe. The two leaders agreed to strengthen cooperation in post-Covid-19 economic recovery, boost links between the two countries, consider promoting strategic cooperation in priority areas such as providing new generation official development assistance (ODA) to Vietnam, and developing high-quality human resources.

As of the end of August, the Ministry of Transport (MoT) had disbursed 43.9 per cent of the public investment capital in its assigned plan. To the end of this year, it will need to disburse more than VND28 trillion ($1.19 billion). Ministry leaders have proposed speeding up disbursement for key projects and a number of ODA projects.

Stakeholders shared their thoughts on the investment potential the central city holds at the Da Nang Investment Forum 2022.

On May 23, the Japan International Cooperation Agency (JICA) signed a ¥18.871 billion ($148.17 million) ODA loan with the government for the “Disaster Prevention and Control and Climate Change Using Earth Observation Satellites, Phase II” project. The project will apply high-performance Japanese synthetic aperture radar satellite technology.

The government has issued a Decree on the management and settlement of projects using public investment capital. With regard to ODA and concessional loans from foreign donors arranged for public investment projects, capital withdrawal procedures and management shall comply with international treaties and the government’s regulations on the management and use of such resources.

Disbursement on the agenda at the Ministry of Transport’s October 28 meeting.

Amendments needed to better facilitate investment, production, and business activities.

After many delays, an ODA project connecting traffic in the three provinces of Lai Chau, Lao Cai, and Yen Bai with the Noi Bai - Lao Cai Highway will begin construction in October. The project is funded by the Asian Development Bank and the Australian Government, with total capital of VND5.34 trillion ($233.44 million).

An online conference on the disbursement of ODA and foreign concessional loans this year is to be held in August and be chaired by Deputy Prime Minister Pham Binh Minh. The conference will discuss difficulties and obstacles in the preparation, implementation, and disbursement of programs and projects and propose specific solutions to accelerate the disbursement of foreign capital over the remaining months of the year.