Vu also expressed his hope that JICA will continue to urge the Japanese Government to consider providing Vietnam with next-generation ODA loans to support the country’s key, large-scale projects.
Without concerted implementation of measures, meeting the 100% disbursement target for 2025 will remain highly challenging, said an official of the Finance Ministry.
PM Pham Minh Chinh's trip will elevate these relationships, delivering concrete outcomes in trade, investment, industry, mining, logistics, green supply chains and innovation with South Africa; expanding energy, investment, trade, processing industries, smart agriculture and education cooperation with Algeria; and deepening collaboration in finance, trade, investment, energy, green infrastructure, food security, ODA and the Halal industry with Kuwait.
According to the Ministry of Finance, ensuring full disbursement of public investment capital in 2025 is key not only to achieving the targets of the national investment plan but also to driving economic growth.
Localities urged assistance in dealing with international loan agreement procedures, ODA disbursement mechanisms, and capital plan adjustments to ensure efficient use of public investment funds.
Vietnam expects to mobilise around 370 million USD, in official development assistance (ODA) and foreign concessional loans, in the last four months of 2025, according to the Ministry of Finance.
The project is financed by official development assistance (ODA) from the Japan International Cooperation Agency (JICA) alongside the city’s corresponding fund. It stands as a symbol of the strong friendship and enduring cooperation between Vietnam and Japan.
The World Bank (WB) has reaffirmed its commitment to supporting Vietnam in mobilising diverse financial resources to implement large-scale infrastructure projects.
During 2025-2027, Vietnam aims to mobilise over 2.22 quadrillion VND in official development assistance (ODA) and foreign concessional loans.
The Government has issued a decree on the management and use of official development assistance (ODA) and concessional foreign loans.
Deputy Prime Minister Le Thanh Long proposed that Japan expand ODA and FDI projects in these areas and share its experience in preventing landslides and floods, and urban management.
The plans aims to ensure full and timely repayment of public debt without affecting Vietnam’s sovereign credit rating, while continuing to restructure the Government bond portfolio in line with market conditions and development needs.
The Yen Xa Wastewater Treatment Plant is constructed with a full capacity of 270,000 cu.m per day and night using the conventional activated sludge process with AO (Anoxic and Oxic) operation.
The first phase of HCM City's Metro Line No. 2, stretching 11.3km with 10 underground and one elevated station, was approved in 2010 with an estimated cost of 26 trillion VND (994 million USD). That figure was revised to nearly 47.9 trillion VND (1.8 billion USD) in 2019 after delays and cost escalations.
Prime Minister Ishiba Shigeru’s official visit to Vietnam in late April, including his talks with General Secretary To Lam, and meetinsg with Prime Minister Pham Minh Chinh, and other senior leaders, underscored the deep trust between the two countries.
Vietnam considers Japan as one of the leading and long-term partners, NA Chairman Tran Thanh Man said, proposing strengthened cooperation in the four priority areas of economy, human resources development, people-to-people exchanges, and locality-to-locality collaboration.
Receiving Japanese Ambassador to Vietnam Ito Naoki on April 18, PM Chinh stressed the need to deepen cooperative ties in different fields, including politics, diplomacy, economic development, science and technology, digital transformation, food security, and high-quality workforce training.
Vietnam and China have signed seven important cooperation documents in the railway and road sectors, including two intergovernmental treaties, two official development assistance (ODA) agreements between the two governments, and three ministerial-level accords.
The railway sector was a focal point of the signing ceremony, with four key documents aimed at accelerating the preparation and implementation of transnational railway projects.
Between 2021 and 2024, the annual average disbursement rate was just 52%. In the first four months of 2025, the rate was only 4.6%, significantly lower than the national average disbursement rate for public investment of approximately 8% during the first quarter.