The alarmingly sluggish disbursement of official development assistance (ODA) capital and foreign soft loans continued to be the topic of a teleconference in Hanoi on September 13.
Japan’s official development assistance (ODA) capital coordinated by the Japan International Cooperation Agency (JICA) has contributed to Vietnam’s socio-economic development in the past years, especially in infrastructure development, said a high-ranking law-maker.
Authorities of Vietnam’s Mekong Delta city of Can Tho and Japan’s Wakayama prefecture discussed multi-faceted cooperation prospects during their working session in Can Tho on September 10.
Prime Minister Nguyen Xuan Phuc received new Australian Ambassador to Vietnam Robyn Mudie in Hanoi on August 22, voicing his belief that with her knowledge and experience, the diplomat will help bilateral ties grow even more strongly in the years to come.
Deputy Prime Minister Trinh Dinh Dung highly evaluated proposals of cooperation in exploring and exploiting oil and gas made by President and CEO of the JX Nippon Oil & Gas Exploration Corp (JX NOEX) Hiroshi Hosoi during their meeting in Hanoi on August 21.
A visiting delegation from Japan’s Hiroshima prefecture had a working session with Can Tho’s authorities in the Mekong Delta city on August 20 to look at possibilities of bilateral collaboration across fields.
The State-owned Airports Corporation of Vietnam (ACV) will directly invest in building the Long Thanh International Airport, without using ODA capital.
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).
Vietnam on July 17 shared its experience in integrating Sustainable Development Goals (SDGs) into building plan and strategy for socio-economic development at the United Nations Economic and Social Council (ECOSOC)’s High-level Segment.
As official development assistance (ODA) plays an important role in the country’s socio-economic development, Vietnam hopes to receive further supports from its partners to diversify capital sources, Deputy Prime Minister and Foreign Minister Pham Binh Minh said on July 10.
The People’s Committee of Hanoi has proposed the municipal People’s Council add the urban railway project No 3 to the list of projects funded by official development assistance (ODA) and preferential loans from foreign donors.
The Mekong Delta city of Can Tho will begin or complete construction of many key infrastructure projects from now until the end of 2019, according to the city’s ODA project management unit.
The Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and the Japan Bank for International Cooperation (JBIC) exchanged a credit contract worth 200 million USD to fund renewable energy projects in Vietnam.
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.
Prime Minister Nguyen Xuan Phuc has granted an interview to Japanese media on the occasion of his Japan visit and participation in the 14th G20 Summit at the invitation of Japanese Prime Minister Shinzo Abe from June 27 to July 1.
The Country Director of the Asian Development Bank (ADB) in Vietnam has stated that the country’s capital disbursement rate has slowed down in the past 3 – 4 years.
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.
The upcoming visit to Japan by Prime Minister Nguyen Xuan Phuc from June 27 to July 1 during which he will attend G20 Summit shows how important the two countries’ partnership is to Vietnam.
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