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Vietnam hopes for further support in access to ODA: Deputy PM

Vietnam hopes for further support in access to ODA: Deputy PM

As official development assistance (ODA) plays an important role in the country’s socio-economic development, Vietnam hopes to receive further supports from its partners to diversify capital sources, Deputy Prime Minister and Foreign Minister Pham Binh Minh said on July 10.

Finance Ministry warns of sluggish ODA disbursement

Finance Ministry warns of sluggish ODA disbursement

VOV.VN - The Ministry of Finance has blamed the alarmingly slow disbursement of official development assistance and preferential loans for deadlocks in allocation plans, investment and lending procedures and those related to spending management and capital withdrawal.

Credit programme gives boost to HCMC economic growth

Credit programme gives boost to HCMC economic growth

VOV.VN - Commercial banks have pledged to provide enterprises in Ho Chi Minh City with VND279 trillion (US$11.99 billion) in loans under the bank-enterprise linkup programme this year, heard a conference held in the city on April 18.

“Big four” banks to lower interest rates on January 10

"Big four" banks to lower interest rates on January 10

VOV.VN - Four major commercial banks have pledged to slash lending rates as of January 10 in a bid to further leverage access to loans for businesses operating in the prioritized sectors as stipulated by the State Bank of Vietnam.

Vietnam among world’s top recipients of ODA, soft loans

Vietnam among world’s top recipients of ODA, soft loans

Vietnam has received US$80 billion in official development assistance (ODA) and preferential loans since 1993, becoming one of the largest ODA recipients in the world, said Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh.

Tra Vinh moves to support SMEs’ development

Tra Vinh moves to support SMEs’ development

The Mekong Delta province of Tra Vinh aims to have 4,000 enterprises by 2020, with more than 30% and 15% of them owned by woman and ethnic minority people, respectively, heard a conference in the locality on May 23.

USAID-funded project benefits disabled in Binh Phuoc

USAID-funded project benefits disabled in Binh Phuoc

Hundreds of persons with disabilities in the southern province of Binh Phuoc have benefited from a 2015-2018 project funded by the US Agency for International Development (USAID) which helps them fully integrate into society.

Foreign-sourced capital to dwindle as from 2018

Foreign-sourced capital to dwindle as from 2018

Total foreign-sourced capital for projects will gradually decline as from 2018, when Vietnam will completely graduate from official development assistance (ODA), leading to more prudent consideration of projects using less preferential loans, according to Prime Minister Nguyen Xuan Phuc.

Deputy PM chairs meeting on ODA, preferential loans use

Deputy PM chairs meeting on ODA, preferential loans use

World Bank (WB) preferential loans during the 2017 fiscal year will be used for sustainable development, infrastructure, improvement of tertiary education, and disaster recovery in the central region, said Deputy Prime Minister and Foreign Minister Pham Binh Minh.

Khanh Hoa to build coastal solar plant

Khanh Hoa to build coastal solar plant

The Central Power Corporation (CPC) under the Vietnam Electricity Group (EVN) will build a solar plant project with a capacity of 50 megawatts (MW) and solar farms in the south central coastal province of Khanh Hoa.