Log in
Business

Vietnamese PM calls for Japan’s support of new-generation ODA

Vietnam needs huge investment capital to develop strategic infrastructure projects during the 2021-2030 period, with Japan being a key partner in terms of ODA.

Vietnam suggests support from Japan in providing new-generation official development assistance (ODA) with simplified, flexible procedures, highly concessional terms, and a sufficient amount.

 Prime Minister Pham Minh Chinh (middle) and JICA President Kitaoka Shinichi (l). Source: VGP

Prime Minister Pham Minh Chinh gave the remarks during a meeting with the President of the Japan International Cooperation Agency (JICA) Kitaoka Shinichi on November 24.

According to Chinh, the ODA would be focused on six fields, including enhancing health capabilities, especially health facilities at grassroots levels and preventive healthcare; reducing carbon emission and boosting climate resilience in the Mekong Delta region, the central region, and northern mountainous areas; digitalization; sustainable development; improving social welfare, and developing strategic infrastructure system.

“Vietnam aims to enhance efficiency in the utilization of the ODA and create favorable conditions for JICA experts to come to Vietnam during the pandemic,” Chinh said.

On this occasion, Chinh expressed his delight at the progress of the Vietnam-Japan strategic partnership in all spheres, which is built on a high level of political trust.

 Overview of the meeting.

The prime minister thanked the Japanese Government for its active contribution to Vietnam’s socio-economic development, including investment in infrastructure networks via the ODA source in the past 30 years.

“In this regard, the JICA has been essential in implementing ODA-financed projects in Vietnam, as well as donating over four million of vaccine doses and other medical equipment to aid Vietnam’s Covid-19 response,” Chinh said.

Chinh expressed his confidence in the Japanese economic prospect and hoped the two countries would enhance cooperation in the Covid-19 fight and economic recovery.

Referring to infrastructure development as one of Vietnam’s three key strategic breakthroughs for development in the 2021-2030 period, Chinh said the country needs huge investment capital to further develop strategic infrastructure projects, with Japan being a key partner in terms of ODA.

For his part, JICA President Kitaoka Shinichi highlighted the effectiveness of ODA projects in Vietnam.

Shinichi noted the successful model of major Vietnamese hospitals built with JICA assistance would be the reference point for the agency to build 100 other hospitals in different countries.

The JICA representative ratified his commitment to continue supporting Vietnam’s economic development, focusing on cooperation in healthcare, public investment, and human resources development.

Reactions:
Share:
Trending
Most Viewed
Related news
Vietnam to tighten biometric authentication for new bank cards next year

Vietnam to tighten biometric authentication for new bank cards next year

Bank card issuers must conduct a face-to-face meeting and match the biometric data of individual customers or the legal representative of organizational customers with their identity documents.

Make in Vietnam forum spotlights breakthroughs shaping digital future in the country

Make in Vietnam forum spotlights breakthroughs shaping digital future in the country

Vietnam will host the seventh National Forum on Vietnamese Digital Technology Enterprises on December 25 in Hanoi, highlighting policy directions, strategic technologies and progress under the “Make in Vietnam” initiative as the country pushes toward a stronger digital economy.

Hanoi and Moscow seek new economic momentum as partnership marks 75 years

Hanoi and Moscow seek new economic momentum as partnership marks 75 years

At the Moscow–Hanoi Business Forum, leaders from both capitals said 75 years of Vietnam–Russia ties provide a strong foundation to deepen economic and investment cooperation, especially in technology, trade and urban development.

Vietnam manufacturing maintains strong momentum despite storms disrupting supply chains

Vietnam manufacturing maintains strong momentum despite storms disrupting supply chains

Vietnam’s manufacturing sector continued to expand in November, marking the fifth straight month of improvement, even as severe storms caused supply-chain delays and slowed production, according to S&P Global.

Techfest 2025 returns to Hanoi, spotlighting Vietnam’s vibrant startup community

Techfest 2025 returns to Hanoi, spotlighting Vietnam’s vibrant startup community

Hanoi’s Hoan Kiem pedestrian street will host Techfest Vietnam 2025 from December 12 to December 14, welcoming entrepreneurs, investors and the public to explore emerging technologies and celebrate the country’s growing culture of innovation.

Vietnam expands major entrepreneurship program to unlock opportunities for women nationwide

Vietnam expands major entrepreneurship program to unlock opportunities for women nationwide

The Vietnam Women’s Entrepreneurship Support Program has surpassed nearly every target set for 2017–2025, empowering more than 118,000 women to launch new ventures and laying the groundwork for a stronger, more inclusive entrepreneurial ecosystem in the next decade.

HHTIP accompanies businesses in efficient energy use for sustainability

HHTIP accompanies businesses in efficient energy use for sustainability

As green transition becomes a decisive factor shaping future growth, Hanoi is intensifying efforts to push energy efficiency across its industrial zones. The city’s management board is building a development model centered on clean energy, responsible production and sustainable operations.

Vietnam launches Semiconductor Alliance to build skilled workforce, strengthen global industry ties

Vietnam launches Semiconductor Alliance to build skilled workforce, strengthen global industry ties

The newly launched Semiconductor Alliance in Vietnam seeks to develop skilled professionals, foster collaboration between universities and businesses while preparing the country to play a more active role in the global semiconductor industry.