Vietnam expects to mobilise around US$370 million in official development assistance (ODA) and foreign concessional loans in the last four months of 2025, according to the Ministry of Finance.
Deputy Prime Minister Bui Thanh Son has underscored the need to improve processes, streamline procedures, and capitalise on financial resources to support national development.
Deputy Prime Minister Tran Luu Quang on March 27 stressed the Vietnamese Government’s determination to speed up the disbursement of official development assistance (ODA) and concessional loans.
Suffering from declined overseas shipments, export businesses in some industries now need more assistance from the Government to navigate difficulties and challenges, insiders have said.
The Vietnamese Government always considers the World Bank (WB) a close friend and a significant development partner, Prime Minister Pham Minh Chinh told WB Country Director in Vietnam Carolyn Turk during a reception in Hanoi on October 27.
The disbursed public investment sourced from foreign borrowing was estimated at more than VND9 trillion in the first 11 months of the year, equivalent to only 26% of the plan, said an official from the Ministry of Finance.
VOV.VN - Recent years has seen co-operative ties between the nation and the Republic of Korea (RoK) enjoy stead growth across various fields, with ties expected to prosper in the time ahead.
The Prime Minister has assigned the Ministry of Planning and Investment to draft strategies and policies on development cooperation with foreign donors in order to improve the efficiency of using official development assistance (ODA) and concessional loans.
About VND527.1 trillion (over US$22.9 billion) in foreign official development assistance (ODA) and concessional loans will be allocated during the 2011 - 2025 period.
VOV.VN - Prime Minister Pham Minh Chinh has moved to sign a dispatch outlining a range of measures aimed at accelerating the disbursement of public investment during the remainder of the year.