Politics

PM's directive on effective management and use of foreign loans

The Prime Minister has recently issued Directive No. 03/CT-TTg on the implementation of the National Assembly Standing Committee’s Resolution No. 582/NQ-UBTVQH14 on a number of tasks and solutions to continue accelerating the implementation of policies and laws on management and use of foreign loans.
PM's directive on effective management and use of foreign loans ảnh 1Illustrative image (Source: internet)

Hanoi (VNA) - The Prime Minister has recently issued Directive No.03/CT-TTg on the implementation of the National Assembly Standing Committee’sResolution No. 582/NQ-UBTVQH14 on a number of tasks and solutions to continueaccelerating the implementation of policies and laws on management and use offoreign loans.

Based on the evaluation of the results of the implementation of policies andlaws on the management and use of foreign loans, tasks and solutions set out inthe Resolution, the Government leader instructs the Ministry of Planning andInvestment (MPI) to continue completing the Law on Public Investment and reportit to the PM and the Government, before it is submitted to the 14th NationalAssembly for approval at the upcoming 7th session.

In addition, the MPI is asked to develop the five-year and annual publicinvestment plans for official development assistance (ODA) capital andpreferential loans from foreign donors, report the plans to the authorisedlevels for approval, organise the implementation in line with the progressstipulated in the Law on Public Investment, and examine the disbursementprogress and efficiency of projects using foreign loans in accordance withprovisions of the law.

The PM also asks the MPI to coordinate with the Finance Ministry (MoF) andother agencies to guide the implementation of orientations for the attraction,management and use of ODA capital and preferential loans from foreign donors inthe 2018-2020 period, vision to 2021-2025.

The MoF is requested to complete the building of a directive on enhancing theuse of ODA capital and foreign preferential loans for development investmentand not for regular spending, while continuing to finalise the orientations forthe attraction, management and use of ODA capital and preferential loans in the2021-2025 period in accordance with the 10-year socio-economic developmentstrategy (2021-2030) and the five-year socio-economic development plan(2021-2015).

The PM asks ministries, sectors andlocalities to carefully select projects for the use of foreign loans, ensuringthe efficiency of use and debt repayment capacity on the basis of improving thequality of project documents and meeting well with Vietnam’s reciprocalconditions. - VNA
VNA
#Directive No. 03/CT-TTg #Prime Minister Nguyen Xuan Phuc #National Assembly Standing Committee #policies #laws #foreign loans #Ministry of Planning and Investment #ODA #socio-economic development strategy #Vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

See more

National Assembly Vice Chairwoman Nguyen Thi Thanh (L) holds talks with French Senate Vice President Loic Hervé. (Photo: VNA)

Vietnam eyes deeper comprehensive strategic partnership with France

National Assembly (NA) Vice Chairwoman Nguyen Thi Thanh held talks with French Senate Vice President Loic Hervé and French NA Vice-President Nadège Abomangoli, met with Anne Le Hénanff, Chairwoman of the France – Vietnam Friendship Parliamentarians’ Group (FVFG) in the French NA, and Amélia Lakrafi, General Delegate of the APF.

Prime Minister Pham Minh Chinh, his spouse, and Vietnamese and international female diplomats at the meeting in Hanoi on July 10, 2025. (Photo: VNA)

PM meets with Vietnamese, international female diplomats

Welcoming female diplomats at the meeting, PM Pham Minh Chinh wished them good health and continued contributions to the nations and to global diplomacy so as to keep promoting peace, cooperation, and development, advocating multilateralism, and promoting international solidarity.

NA Chairman Tran Thanh Man (R) meets with Yorrys Raweyai, Deputy Speaker of the Regional Representative Council (DPD) of Indonesia, in Hanoi on July 10, 2025. (Photo: VNA)

NA Chairman receives Deputy Speaker of Indonesia’s Regional Representative Council

Based on their long-standing ties, shared interests, common viewpoints, as well as ASEAN membership, deepening the Vietnam-Indonesia relationship will not only serve the interests of the two peoples but also contribute to a united, strong, and cohesive ASEAN, and to peace, stability, and development in the region and beyond, NA Chairman Tran Thanh Man said.

Deputy Minister of National Defence Senior Lieutenant General Hoang Xuan Chien (right) holds talks Kelly McKeague, Director of the Defence POW/MIA Accounting Agency under the US Department of Defence. (Photo: qdnd.vn)

740 US soldiers missing in Vietnam war identified: US officer

The Vietnamese archives sector cooperates with not only the US but also France to provide information in the search for missing soldiers, thus meeting the needs of their families. It will continue to proactively cooperate and exchange information with the US side in this work.

At the conference (Photo: VNA)

Prime Minister recommends amendments to land regulations

The Government leader called for specific amendments and supplements of tasks and measures to improve institutions and policies on land management and use, while stressing a need for the inclusion of solutions related to land allocation and lease, and land-use conversion.

Singaporean Ambassador to Vietnam Jaya Ratnam speaks at the reception. (Photo: qdnd.vn)

Vietnam, Singapore defence cooperation develops substantively, effectively

Deputy Minister of National Defence Senior Lieutenant General Hoang Xuan Chien has emphasised that over the past 60 years of development, the Singapore Armed Forces (SAF) have grown steadily and expanded international cooperation, including practical and effective collaboration with the Vietnam People's Army.

The National Assembly (NA) Standing Committee convenes its 47th session in Hanoi on July 10. (Photo: VNA)

NA Standing Committee convenes 47th session

At this one-day meeting, the NA Standing Committee is scheduled to give opinions on eight major items, including an initial discussion on a thematic supervision report on the implementation of policies and laws related to human resource development, especially high-quality personnel, which are deemed essential for sustainable economic growth in Vietnam's new development phase.

Prime Minister Pham Minh Chinh at the conference (Photo: VNA)

PM chairs conference reviewing implementation of land law, policies

PM Chinh said that after three years of implementing Resolution 18-NQ/TW on continuing to innovate and perfect institutions and policies, improving the effectiveness and efficiency of land management and use, and one year of enforcing the 2024 Land Law, the legal policies on land have been carried out synchronously, achieving positive results.