The Japan International Cooperation Agency (JICA) will continue to support Vietnam to develop infrastructure projects, JICA President Shinichi Kitaoka affirmed at a press conference in Hanoi on September 10 as part of his official visit to Vietnam.
Deputy Prime Minister (PM) Pham Binh Minh has asked ministries and agencies to comply with the government’s Decree on official development assistance (ODA) management and use, and a scheme on attracting, managing and using ODA and preferential loans in 2016-2020 period.
Vietnam is committed to optimizing ODA in general and ADB’s funding in particular for its economic growth.
Enterprises in the transport sector have become more eligible for official development assistance (ODA) after being restructured, officials say.
The total official development assistance (ODA) and concessional loans committed for Vietnam reached more than 2.56 billion USD after six months of 2016, increasing by 61% over the same period last year, according to the Ministry of Planning and Investment.
The total official development assistance (ODA) and concessional loans committed for Vietnam reached more than 2.56 billion USD after six months of 2016, increasing by 61% over the same period last year, according to the Ministry of Planning and Investment.
According to Yasuo Fujita, Chief Representative of the Japan International Cooperation Agency (JICA) in Vietnam, Japanese ODA has been implemented successfully and effectively in the country.
From July next year, ODA (official development assistance) funds received by the country will only be allocated to provinces facing difficulties and for programmes to improve public welfare and eliminate hunger and poverty rather than for large infrastructure projects, according to the Ministry of Finance.
Official Development Assistance (ODA) is broadly defined as a loan accorded to a branch of the Vietnam government with the objective of promoting sustainable social and economic development, reports the Ministry of Finance (MoF).
The Prime Minister has approved three foreign-funded development projects including fields of renewable energy, caring for disabled children and water management.
Vietnam`s many achievements in socio-economic development over the past 30 years of doi moi (renewal) owed much to 20 years as recipients of significant Official Development Assistance (ODA).
The National Power Transmission Corporation has mobilised 70.65 trillion VND (3.36 billion USD), including 1.3 billion USD of official development assistance (ODA), in the past five years for its power projects.
The National Steering Committee for ODA and Preferential Loans on February 3 met with six development banks to assess and devise a plan to accelerate ODA-funded projects and programmes for the upcoming year.
The Official Development Assistance (ODA) secured in 2014 totaled US$4.3 billion, including US$4.16 billion in preferential loans and US$202 million in non-rendable aid.
The Asian Development Bank (ADB) has provided Vietnam with two loans totalling US$165 million to improve secondary education for ethnic minority students in the country’s poorest areas, and upgrade rural infrastructure in six central provinces.
The US Agency for International Development (USAID) in collaboration with the United Nations Development Program (UNDP) and the European Union (EU) has agreed to provide US$3.9 million of ODA for sustainable green growth projects.
World Bank (WB) Country Director Victoria Kwakwa has affirmed development partners’ willingness to support Vietnam through providing policy consultancy and capital sources at the Vietnam Development Partnership Forum which opened in Hanoi on December 5.
Italy will increase Official Development Assistance (ODA) for Vietnam to EUR30 million (US$37.2 million), Italian Deputy Minister of Foreign Affairs and International Cooperation Benedetto Della Vedova said.
Over the past two decades, official development assistance (ODA) has been a key source of funding for infrastructure projects, which has helped Vietnam make great socio-economic strides.
The Japan International Cooperation Agency (JICA) plans to send a delegation to Vietnam from August 5-15 to appraise the Tien Sa seaport expansion project (phase II) in Danang city.
