Unable to disburse ODA as planned, many ministries and local authorities have begun to return the loans to the Government, adding burden to fiscal planning.
HCM City wants to attract more private investment instead of relying on official development assistance (ODA) to build its remaining metro lines, but experts have said that it faces a difficult challenge.
Minister of Planning and Investment Nguyen Chi Dung asked localities to clarify their objectives and the priority of public investment projects for 2021-25, to ensure focused investment.
The Republic of Korea (RoK) will provide US$1.5 billion in official development assistance (ODA) for Viet Nam for 2016-2020 via the Korea Economic Development Cooperation Fund (EDCF).
Prime Minister Nguyen Xuan Phuc has called for faster disbursement of Official Development Assistance (ODA) capital and concessional loans following slow disbursement in the first half of 2017.
Viet Nam welcomes technical support from the OPEC Fund for International Development (OFID) via official development assistance and preferential loans.
A senior official of the Ministry of Finance (MoF) says Viet Nam needs
to tighten its management of official development assistance (ODA) loans
and mobilise private sector capital to ease the burden of public debt.
Switzerland will grant 90 million Swiss franc (US$91.16 million) to
Viet Nam, focusing on economic development co-operation over the next
four years, Swiss State Secretary for Economic Affairs Marie-Gabrielle
Ineichen Fleisch said yesterday.
Early this year, some large private firms proposed that they are given
concessions to invest in airport services. The Government has accepted
this in principle. Deputy Transport Minister Nguyen Hong Truong spoke to
Vietnam News Agency about these issues.
Japan will not suspend its Official Development Assistance (ODA) to Viet
Nam, confirmed a senior official from the Vietnamese Ministry of
Planning and Investment.
Viet Nam''s first remote sensing satellite, VNREDSat-1, has captured
3,661 images since it was placed under the country''s control on
September 4 last year.
The transport sector has received the largest amount of official
development assistance (ODA) loans from Japan in Viet Nam, totaling
approximately 80 billion yen (nearly US$780 million) in 2013.