Strengthen anti-corruption in ODA projects of Japan

Strengthen anti-corruption in ODA projects of Japan

VCN - According to information from the Ministry of Planning and Investment, Vietnam and Japan have agreed on new measures to further strengthen the fight against corruption in Japan's ODA projects in Vietnam.
Focusing on resolving problems in the disbursement of foreign investment capital

Focusing on resolving problems in the disbursement of foreign investment capital

The Ministry of Finance had a meeting with ministries and branches to review the disbursement progress of public investment capital borrowed from aboard in the first nine months of 2020
Vietnam-Japan partnership to move forward

Vietnam-Japan partnership to move forward

With Japan consistently being a leading trade and investment partner, in addition to the largest ODA provider of the nation for many years, both nations are striving to increase and expand co-operation in security, culture, and social affairs
ODA disbursement targets a challenge: Official

ODA disbursement targets a challenge: Official

While the disbursement of official development assistance ODA has seen progress without drastic solutions it will be difficult for ministries and sectors to achieve allocation targets Deputy Minister of Finance Tran Xuan Ha has said
Promote capital disbursement from ODA, foreign concessional loans

Promote capital disbursement from ODA, foreign concessional loans

VCN - Disbursement of public investment, especially ODA and foreign loans, is becoming a decisive issue for economic growth in 2020 – a year of unpredictable changes.
Regulations on re-lending of Government’s ODA loans and concessional loans to be revised

Regulations on re-lending of Government’s ODA loans and concessional loans to be revised

VCN- The Ministry of Finance is consulting the draft Decree amending and supplementing a number of articles of Decree No. 97/2018 / ND-CP dated June 30, 2018 on re-lending of the Government’s ODA loans and foreign incentives of the Government.
Two economic engines slow to disburse foreign loans due to Covid-19

Two economic engines slow to disburse foreign loans due to Covid-19

VCN- As of June, disbursed ODA capital  hit 1,601 billion VND, accounting for 10.31% of the goal. This rate is lower than the rate of public investment capital.
Govt issues decree on ODA management and use

Govt issues decree on ODA management and use

The government has recently issued Decree No.56/2020/ND-CP on management and use of official development assistance (ODA) and concessional loans granted by foreign sponsors to Vietnam.
ODA should be used to improve Vietnam’s financial sector: ADB expert

ODA should be used to improve Vietnam’s financial sector: ADB expert

Vietnam should prioritize official development assistance (ODA) for its financial sector so that State-owned enterprises managing important projects can access affordable financing, according to an expert with the Asian Development Bank.
State Treasury strictly controls ODA projects and concessional loans

State Treasury strictly controls ODA projects and concessional loans

VCN – The State Treasury has issued Official Letter No. 5324/KBNN-KSC to request treasury units to control spending and confirming accounting of expenditures and revenues in accordance with the law.
Accelerating disbursement foreign investment capital

Accelerating disbursement foreign investment capital

VCN- According to the Ministry of Finance, the disbursement of public investment capital in general and ODA and foreign loan capital in particular in recent years has been very slow.
Finance Ministry warns of sluggish ODA disbursement

Finance Ministry warns of sluggish ODA disbursement

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 withdra
Commitment to accelerate disbursements for  projects funded by AFD

Commitment to accelerate disbursements for projects funded by AFD

VCN- At the meeting, Jean-Pierre Marcelli said as a French state organization and financial institution, AFD is one of the tools of the French Government to provide official development assistance.
ODA funding urged for key bridge in Mekong Delta region

ODA funding urged for key bridge in Mekong Delta region

The Ministry of Transport has sent a document to Prime Minister Nguyen Xuan Phuc proposing the use of official development assistance for building Rach Mieu 2 bridge in the Mekong Delta region, reports baodautu.vn.
Minister underscores ODA as investment spending

Minister underscores ODA as investment spending

Official development assistance and preferential loans would be used as investment spending as opposed to regular spending, with a view to fostering socio-economic development and boosting regional linkages.
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