The disbursement of Official Development Assistance (ODA) in localities has sped up from seven months to only three to four months, contributing to lowering loan interests on State budget.
Problems remain in the implementation of Hanoi’s middle-term public investment plan for the 2016-2020 period, Vice Chairwoman of the municipal People’s Council Phung Thi Hong Ha said.
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.
Minister of Planning and Investment Nguyen Chi Dung urged localities on August 26 to not use Official Development Assistance (ODA) loans next year for projects where funding can be mobilised from the private sector or domestic sources.
Prime Minister Nguyen Xuan Phuc has requested that public investment capital be fully disbursed this year, viewing this as a key political task that requires the involvement of the entire political system.
Deputy Prime Minister Trinh Dinh Dung held a meeting with the Ministry of Agriculture and Rural Development (MARD) in Hanoi on August 19 to examine public investment disbursement in the agriculture sector.
The Mekong Delta province of Ca Mau, whose coastal line stretches 254km, will earmark 19 trillion VND (827.68 million USD) for the mitigation of climate change impacts in the 2021 – 2030 period.
The Korea International Cooperation Agency (KOICA) has confirmed its support for a feasibility study of the second phase of HCM City’s Metro Line No 5.
Vietnam will be among the developing countries to receive official development assistance (ODA) totaling 36 billion won (nearly 30 million USD) this year from the Republic of Korea (RoK) to fight COVID-19 and accelerate their sustainable development, according to the RoK’s Foreign Ministry.
Deputy Prime Minister and Foreign Minister Pham Binh Minh conducted a fact-finding tour on June 29 to the construction site of the Ben Thanh-Suoi Tien metro line, one of the projects in HCM City using official development assistance (ODA).
The government has recently issued Decree No.56/2020/ND-CP on management and use of official development assistance (ODA) and concessional loans granted by foreign sponsors to Vietnam.
A sewer system under To Lich river in Hanoi is being built using unprecedented technology designed by a Japanese company in a bid to clean up the notoriously polluted river.
The Philippine government is planning to borrow more from domestic and foreign markets to finance the budget deficit this year, due to the economic slowdown triggered by the COVID-19 outbreak.
National Assembly Chairwoman Nguyen Thi Kim Ngan hosted a reception for Ambassador of the Republic of Korea (RoK) Park Noh-wan in Hanoi on February 19.
A cultural exchange night between Vietnam and Japan took place in the central coastal city of Da Nang on January 12 with the attendance of Prime Minister Nguyen Xuan Phuc and Secretary General of the Liberal Democratic Party (LDP) of Japan Nikai Toshihiro.
Deputy Prime Minister Trinh Dinh Dung on December 3 hosted a reception for Vice President of the Japanese International Friendship Exchange Council (FEC) Onoi Yoshiki.
Roads leading to the would-be Long Thanh International Airport in the southern province of Dong Nai have been proposed with a view to ensuring the airport’s sustainable and long-term connectivity.
A sewage treatment plant funded by the Government of the Republic of Korea (RoK) through Korea Eximbank was inaugurated in Long Xuyen city in the Mekong Delta province of An Giang on October 8.
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