Deputy PM receives JICA Executive Senior Vice President

At the reception, Quang pledged Vietnam’s efforts to fast-track the projects funded by official development assistance (ODA) of Japan.

He hailed the Japanese Government and people’s effective support for socio-economic development and poverty reduction in Vietnam via ODA over the past more than 30 years, including a loan of over 60 million JPY (US$418,900) signed in early July 2023.

Regarding the implementation of some ODA projects in Vietnam, the host said he has frequently checked the progress of the projects funded by Japanese ODA, affirming that the Vietnamese Government is working hard to resolve bottlenecks to accelerate these projects.

Quang also called on the Japanese side to provide ODA for some railway, digital transformation, green transition, and climate change response projects in Vietnam.

Yamada briefed his host about JICA’s orientation for supplying new-generation ODA for Vietnam in the time to come, including standby credits for public health crises and natural disasters, loans provided through intermediaries, and financing owners’ capital for the private sector to carry out infrastructure projects.

Deputy PM Quang greatly valued JICA’s proposals on new-generation ODA as they match Vietnam’s demand, and also assigned the Ministry of Planning and Investment to conduct hold a detailed discussion with JICA about the issue.