Legal steps for conducting ODA projects simplified Business

Legal steps for conducting ODA projects simplified

Legal steps for operating ODA projects are simplified to accelerate the disbursement of the soft foreign loans after amendments to nine laws took effect earlier this month, according to the Ministry of Planning and Investment (MPI).
PM stresses need to push ODA disbursement Business

PM stresses need to push ODA disbursement

Prime Minister Nguyen Xuan Phuc on October 29 ordered competent ministries, sectors, and localities to take stronger actions to speed up the disbursement of official development assistance (ODA) and foreign loans for 2020, as disbursement remains at a critically-low level.
COVID-19 not the sole reason for slow ODA disbursement Business

COVID-19 not the sole reason for slow ODA disbursement

The sudden appearance of the COVID-19 pandemic with complex and unforeseeable developments has seriously impacted business and production activities across the country, including projects funded by Official Development Assistance (ODA) capital and concessional loans.
ODA disbursement targets a challenge: Official Business

ODA disbursement targets a challenge: Official

While the disbursement of official development assistance (ODA) has seen progress, without drastic solutions, it will be difficult for ministries and sectors to achieve allocation targets, Deputy Minister of Finance Tran Xuan Ha has said.
ODA disbursement in H1 remains low: MPI Business

ODA disbursement in H1 remains low: MPI

Disbursement of official development assistance (ODA) in the first half of the year was estimated at more than 4.17 trillion VND (179.7 million USD), accounting for only 6.9 percent of the National Assembly’s plan and 12.7 percent of that assigned by the Prime Minister, according to the Ministry of Planning and Investment (MPI).
Sluggish land clearance hampers ODA disbursement Business

Sluggish land clearance hampers ODA disbursement

Slow site clearance is a deeply-ingrained problem that has dogged the disbursement of official development assistance (ODA) loans, Director General of the Ministry of Planning and Investment’s Foreign Economic Relations Department Luu Quang Khanh.
Minister: ODA disbursement at alarming pace Business

Minister: ODA disbursement at alarming pace

Disbursement of official development assistance (ODA) hit over 1.6 trillion VND in the first five months of this year, equivalent to only 2.7 percent and 5.6 percent of targets assigned by the National Assembly and Government for the whole year, respectively, which were alarming figures, said Finance Minister Dinh Tien Dung on June 26.
Business

HCM City: ODA disbursement on the rise

The 2011-2015 disbursement of official development assistance (ODA) in Ho Chi Minh City achieved 99.5 percent of the original goal of 26.57 trillion VND (about 1.23 billion USD).