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.
Permanent Deputy Prime Minister Truong Hoa Binh on June 24 asked ministries and agencies to roll out specific action plans to speed up the disbursement of public investments and deal with impact of COVID-19 on ethnic minority groups.
The Government of Luxembourg has supported Vietnam's National Expanded Programme on Immunisation through providing the Southeast Asian country with cold-chain equipment and other specialised equipment for vaccine and blood preservation, especially in mountainous, remote and border areas and islands, said Honorary Consul of Luxembourg in Vietnam Tran Hong Quang.
The agricultural sector has disbursed about 3.52 trillion VND (152.98 million USD) of public investment in the first six months of 2021, completing 35.83 percent of its yearly target, according to the Ministry of Agriculture and Rural Development (MARD).
Only 7.5 percent of official development assistance (ODA) and foreign loans have been disbursed since the beginning of the year according to the Ministry of Finance (MoF).
The disbursed amount of public investment funded by official development assistance (ODA) in localities in the first five months of this year stood at only over 1.1 trillion VND (47.9 million USD), equivalent to just 1.73 percent of the year’s target, according to the Ministry of Finance (MoF).
As of June 10, ministries and sectors had disbursed 1.253 trillion VND (54.6 million USD) of the public investment capital funded by foreign sources and planned for 2021, equivalent to only 7.53 percent of the year’s target.
Only 7.5 percent of official development assistance (ODA) and foreign loans have been disbursed since the beginning of the year according to the Ministry of Finance (MoF).
The disbursement of official development assistance (ODA) at the Ministry of Agriculture and Rural Development (MARD) this year was estimated at 718.3 billion VND (31.33 million USD) as of May 31, or 25.2 percent of the target.
The Government of Japan has provided the Philippines’ military with its Self-Defence Force’s rescue system, worth about 120 million JPY (over 1 million USD), via Official Development Assistance (ODA).
The Ministry of Agriculture and Rural Development (MARD) is likely to fulfil 11.4 percent of its yearly plan of public capital disbursement at the end of the first quarter of this year.
Ho Chi Minh 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.
The northern province of Bac Giang has raised a total of over 17.8 trillion VND (771.54 million USD) in investment for local transport infrastructure development since 2016.
The Ho Chi Minh City People's Committee has urged the city’s Management Authority for Urban Railways (MAUR), the Management Board for Traffic Works Construction and Investment and relevant agencies to speed up implementation of the first bus rapid transit route (BRT No 1), which will connect with Metro Line No 1.
Japanese Ambassador to Vietnam Yamada Takio has told leaders of the southern province of Binh Duong that his country supports transport projects connecting Binh Duong with regional localities and cooperation in investment for major projects using Japanese ODA.
Prime Minister Nguyen Xuan Phuc on December 11 expressed his hope that the Japan International Cooperation Agency (JICA) will further its cooperation with and support Vietnam in national development.
More than 50 percent of this year’s revised plan for public investment sourced from foreign concessional loans and official development assistance (ODA) funds has been left undisbursed as the year’s end approaches, Deputy Minister of Finance Tran Xuan Ha told a Hanoi conference on December 7.