Localities have called for continued support from the Government and the Ministry of Finance (MoF) to settle procedural and institutional challenges hindering the speed of ODA disbursement in 2025.
The Government has approved a proposal by Ho Chi Minh City to stop borrowing official development assistance (ODA) loans from Germany’s KfW development bank for Metro Line No. 2 and instead use domestic funds to avoid further delays.
Japan signed loan agreements with Vietnam totalling JPY102.2 billion (approximately US$678 million), marking the highest amount since 2017, during the Japanese financial year from April last year to March this year.
VOV.VN - Ho Chi Minh City, the most populous locality and largest financial centre in Vietnam, is speeding up procedures to build three more metro lines with a total capital of more than US$5 billion alongside the two ongoing Metro lines No.1 and No.2.
VOV.VN - The Mekong Delta will receive more than US$2.5 billion in official development assistance (ODA) loans to implement 16 sustainable development projects in response to climate change, said Prime Minister Pham Minh Chinh.
VOV.VN - The Japan International Cooperation Agency (JICA) will provide ODA loans worth JPY60,983 million, equivalent to nearly VND11,000 billion, to implement three projects in Vietnam.
VOV.VN - Deputy Prime Minister Tran Hong Ha has applauded the Japan International Cooperation Agency (JICA)’s contributions to the implementation of Japan’s official development assistance (ODA) projects in Vietnam.
The agricultural sector has disbursed about VND3.52 trillion (US$152.98 million) of public investment in the first six months of 2021, completing 35.83% of its yearly target, according to the Ministry of Agriculture and Rural Development (MARD).
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.