Oda

Nonetheless, Vietnam’s promotion of ODA disbursement shows that this funding is still considered an important capital source in projects relating to infrastructure, science and technology, and human resources. According to the MoF, as of August 27, ODA disbursement of localities only reached about 22 per cent of the assigned estimate. However, the situation improved compared to June when it only hit about a mere 13 per cent. Vietnam is also starting to address more issues related to the slow disbursement of ODA capital, such as cutting administrative procedures and land clearance, and finding ways to facilitate the entrance of foreign experts amid battling the pandemic. … [Read more...] about Balancing act required for efficiency of ODA in Vietnam

Da Nang (VNS/VNA) - The central city of Da Nang has called for total investment of 47.5 trillion VND (2 billion USD) from the State Budget and foreign sources for the development of 38 projects between 2021-2025, focusing on transport and traffic. Director of the city’s Department of Planning and Investment Tran Phuoc Son said 77 percent of the proposed investment would come from international loans or Official Development Assistance (ODA). Son said these projects also included the construction of new hospitals, expansion of an already-built hi-tech park, a new bio-tech park and a healthcare system for the central coastal region. The relocation of the city’s railway station and an urban project related to rail and port logistics had been planned from 2017, but required loans from the World Bank (WB) and Asia Development Bank (ADB). The railway station removal and an urban redevelopment project would need 12.3 trillion VND (535 million USD) – 26 … [Read more...] about Da Nang calls for 2-billion-USD investment in 2021-2025

In his article entitled “Working together to elevate China-ASEAN relations to higher level”, which was published ahead of the 53th ASEAN Foreign Ministers’ Meeting (AMM-53) and related meetings, Deng said China and ASEAN are among main drivers of East Asia cooperation, which has been fully evidenced by the joint fight against the pandemic in recent months. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia September 8

The city’s transport department and Seoul Metro company have been working on a survey for an inner city railway network including two metros and eight tramways connecting the airport, shopping centres, beaches, resorts, the Han River banks and other destinations. … [Read more...] about Central city calls for $2 billion investment in 2021-25

Hanoi (VNA) – An exchange note on a non-refundable aid for COVID-19 prevention and control was signed between the Vietnamese and Japanese governments on September 7. On the behalf of the two governments, Acting Minister of Health Nguyen Thanh Long and Japanese Ambassador Yamada Takio signed the note. The ODA grant is worth 2 billion JPY (18.8 million USD) in total, including 1.8 billion JPY for the Vietnamese side and about 200 million JPY for the agents designated by the Japanese Government. It will be disbursed in 18 months, from August 2020 to January 2022. The assistance aims to provide technical support in upgrading medical equipment at four hospitals of the Vietnamese Health Ministry, namely the National Hospital for Tropical Diseases, the National Lung Hospital, the Da Nang C Hospital, and the National Institute of Hematology and Blood Transfusion, thereby helping to improve their capacity in COVID-19 prevention and control. Appreciating the grant, Acting Health … [Read more...] about Japan aids Vietnamese hospitals in COVID-19 fight