Demand for capital for economic development in 2026-2030 will be very large as the country targets double-digit growth. The Ministry of Finance estimates total ODA and concessional borrowing at about VND 1.35 quadrillion, around seven to eight times higher than in 2021-2025.

To meet funding needs, the ministry said it will diversify capital mobilisation channels. However, as Vietnam is now a middle-income country and is moving towards upper middle-income status, borrowing terms are becoming less concessional and closer to market conditions. Borrowing and repayment therefore need to be carefully considered to ensure they are in line with mobilisation capacity and repayment ability.

According to Hoang Hai, Deputy Director General of the Department of Debt Management and External Finance under the Ministry of Finance, ODA will focus on projects that can create turning effects, have wide impact and carry higher science and technology content. These are the priorities for ODA projects in the coming period.

Finance Ministry projects US$38.2 billion in ODA for 2026-2030

VOV.VN - Vietnam’s Ministry of Finance projects total official development assistance (ODA) and concessional foreign loans of about US$38.2 billion for 2026-2030, with mobilisation and allocation to follow a scale and structure suited to national development needs.