The Vietnamese Government has set up six working groups to speed up the disbursement of public investment to create impetus for post-pandemic economic growth.
Prime Minister Pham Minh Chinh and his Japanese counterpart Kishida Fumio discussed in depth the Vietnam-Japan bilateral relations and international and regional issues of mutual concern at their talks in Hanoi on May 1.
Prime Minister Pham Minh Chinh emphasised specific tasks for maintaining macro-economic stability, controlling inflation and managing monetary and fiscal policies flexibly while addressing a regular Government meeting in Hanoi on April 29.
Deputy Prime Minister Le Minh Khai has signed a decision approving the public debt strategy until 2030, which sets a target of keeping it at under 60 percent of the GDP and Government debts not exceeding 50 percent of the GDP in 2030.
Deputy Prime Minister Pham Binh Minh on April 8 signed the Prime Minister’s dispatch requesting the acceleration of disbursement of foreign official development assistance (ODA) and preferential loans.
The central province of Thanh Hoa hopes to step up its cooperation with partners from the Republic of Korea (RoK) in the building smart cities and e-governance, education and health care, and receive more ODA projects from the country, said a provincial leader.
Vietnam has made great efforts and progress in socio-economic development over the past decades, WB Regional Vice President for East Asia and Pacific Manuela V. Ferro said at a meeting with National Assembly Chairman Vuong Dinh Hue in Hanoi on March 22.
Prime Minister Pham Minh Chinh received World Bank (WB) Regional Vice President for East Asia and Pacific Manuela V. Ferro in Hanoi on March 21, affirming that the Vietnamese Government always views the WB as a good friend and a highly important development partner.
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).
The Ministry of Oceans and Fisheries (MOF) of the Republic of Korea (RoK) is implementing the first-year technical cooperation project for aquaculture productivity enhancement in Vietnam’s northern provinces.
The Prime Minister has assigned the Ministry of Planning and Investment to draft strategies and policies on development cooperation with foreign donors in order to improve the efficiency of using official development assistance (ODA) and concessional loans.
About 527.1 trillion VND (over 22.9 billion USD) in foreign official development assistance (ODA) and concessional loans will be allocated during the 2011 - 2025 period.
President Nguyen Xuan Phuc and his entourage left Geneva on November 29, concluding a five-day official visit to Switzerland at the invitation of Swiss President Guy Parmelin.
Vietnamese President Nguyen Xuan Phuc on November 26 met President of the Swiss National Council Andreas Aebi as part of his official visit to Switzerland.
Politburo member and Secretary of the Hanoi Party Committee Dinh Tien Dung appreciated the World Bank (WB)’s aid for the capital while receiving WB Country Director for Vietnam Carolyn Turk on November 2.
The Vietnamese Government continues to consider official development assistance (ODA) as an important capital source and allocate part of it for socio-economic development in the mid-term public investment plan, said Permanent Deputy Prime Minister Pham Binh Minh.
The Party, State, Government and people of Vietnam take Japan as one of the partners of top importance which enjoys a high trust in the country’s foreign policy, Prime Minister Pham Minh Chinh told visiting Japanese Defence Minister Kishi Nobuo in Hanoi on September 12.
Germany has pledged to provide 50 million EUR (58.8 million USD) in official development assistance (ODA) loans and another 63.559 million EUR in non-refundable ODA for 14 technical assistance and investment projects in Vietnam this year.