ODA projects

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.

Prime Minister Nguyen Tan Dung has given the green light to an action plan on increasing the efficiency of official development assistance (ODA) in the 2014-2015 period.

PM Nguyen Tan Dung has approved an Action Plan to improve the implementation of programs/projects using official development assistance and preferential capital between 2014 and 2015.

Vietnam highly values and vows to effectively use Japan’s official development assistance (ODA), National Assembly Chairman Nguyen Sinh Hung told a senior Japanese legislator.

The Japanese government has resumed official development assistance (ODA) to Vietnam after a brief suspension over a graft scandal involving the Japan Transportation Consultants Inc. (JTC).

Mergers and Acquisitions (M&A) activities in Vietnam are forecast to enter a new period of stronger development, with the total value tallying in at approximately US$20 billion, 30% higher than the first stage (US$15 billion).

Vietnam’s Ministry of Finance and the Export-Import Bank of the Republic of Korea (RoK) signed two ODA loan agreements worth US$162 million through the Economic Development Cooperation Fund (EDCF) in Hanoi on July 9.

The European Union (EU) has committed EUR542 million (US$736 million) in official development assistance to Vietnam this year, and the level of aid would also be maintained for the coming years.

Economic power is second only to "violence" and Official Development Assistance (ODA) is one of the tools demonstrating this great power.

Denmark will disburse USD90 million in official development assistance to Vietnam, said Danish Ambassador to Vietnam John Nielsen in a press conference held on June 10 in Hanoi.

Located in the southern-central coastal region, Binh Dinh is a key gateway to the country’s highland provinces, southern Laos and northeast Cambodia and Thailand.

The Ministry of Construction (MOC) has insisted that the investor, design consultant, project planner and EPC contractor must accept responsibility for the projected cost overruns of the Cat Linh-Ha Dong railway project.

Belgium commits €4.3 million of non-refundable ODA to support Viet Nam in strengthening the capacity in the planning reform.

Belgium has committed more than 4 million euros of non-refundable official development assistance (ODA) to help Vietnam strengthen its capacity in the planning reform.

The UK Standard Chartered Bank (SCB) and Tin Nghia Corporation in the southern province of Dong Nai have signed a credit agreement worth US$22 million to help this business boost coffee production and exports.