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 six banks included the Asian Development Bank (ADB), the World Bank (WB), the Japan International Cooperation Agency (JICA), Korea Eximbank, KfW-Germany and AFD-France.
According to a committee report, Vietnam attracted total ODA and preferential loans of more than US$4.362 billion in 2014. Over 70% of the funds were used to develop infrastructure
Japan disbursed the most ODA at US$1.773 billion, followed by the WB at US$1.386 billion and ADB at US$1.058 billion.
To boost the efficiency of using ODA and preferential loans and disbursement in 2015 – state management agencies representatives, project managers and donors have agreed to hold regular meetings to more timely deal with problem areas.
Other News
- Japan gives Vietnam biggest-ever ODA package
- Japan gives Vietnam biggest-ever ODA package
- Japan provides US$422 million ODA loans to Vietnam
- Prime Minister calls for Metro No. 1 project to be completed by September
- 70% highway road in Vietnam built with Japan loans
- Vietnam should be cautious about environmental impact investment: JICA
- Japan’s ODA to Vietnam to focus on issues of global concerns from 2020: JICA
- Private sector investment finance – JICA’s tool to seek investment in infrastructure
- Vietnam tops priority of Japanese infrastructure investment
- Hanoi eager to quicken railway projects's pace
Trending
-
Vietnam’s hi-tech firms urged to master semiconductors, AI technologies
-
Vietnam news in brief - February 17
-
Musical brings life of Hanoi’s first Party Secretary to stage
-
Keeping the spirit of Vietnamese folk paintings alive
-
Hanoi's traditional craft villages join the world stage
-
Hanoi tackles traffic violations with 600 cameras
-
ASEAN Future Forum expected to generate creativities for the region
-
Vietnam among the world’s most beautiful countries: Condé Nast Traveler
-
The unique folk game of ball robbery for good luck