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Six priority sectors for ODA effective since May

Six priority sectors for ODA effective since May

Among new regulations coming into effect in May are six priority sectors for receipt of ODA and cases liable for administrative detention of foreign nationals.
From foes to business partners: two decades of Vietnam - U.S. relations

From foes to business partners: two decades of Vietnam - U.S. relations

Since 1995, when the embargo was abolished, Vietnam and the United States of America have grown to become important trade partners. The U.S. is now Vietnam's second biggest export partner and the number one destination for Vietnamese overseas students.
May 18, 2016 | 08:07 pm PT
Vietnam-Japan share East Sea concern, boost defense and economic ties

Vietnam-Japan share East Sea concern, boost defense and economic ties

Japanese Prime Minister shares Vietnam's concern over the East Sea issue and has committed to continue providing ODA and financial assistance in climate change and infrastructure to Vietnam, according to the Vietnam News Agency.
May 29, 2016 | 05:31 pm PT
Japan pledges $820 million loan to support Ho Chi Minh City metro project

Japan pledges $820 million loan to support Ho Chi Minh City metro project

Japanese Prime Minister Shinzo Abe pledged 90.1 billion yen ($820 million) in loans for Ho Chi Minh City's metro project at a meeting on Saturday with Vietnamese Prime Minister Nguyen Xuan Phuc.
May 30, 2016 | 08:37 pm PT
PM: Vietnam has disbursed only 70 percent of pledged ODA

PM: Vietnam has disbursed only 70 percent of pledged ODA

Vietnam has disbursed only 20 percent of the state budget, said Prime Minister Nguyen Xuan Phuc yesterday at a meeting with his cabinet.
June 2, 2016 | 05:28 pm PT
Vietnam to repay $12 billion in national debts in 2016

Vietnam to repay $12 billion in national debts in 2016

Vietnam will set aside VND273.3 trillion ($12 billion) to pay off maturing bonds and loans this year, according to the Prime Minister on Tuesday, of which VND95 trillion ($4 billion) will be used to roll over principal loans to stay afloat.
June 7, 2016 | 04:18 am PT
Vietnam tries to adapt as foreign funding dries up

Vietnam tries to adapt as foreign funding dries up

Total value of official development assistance (ODA) and preferential loans from donors to Vietnam fell over the first half of 2016, according to a report released by the National Steering Committee (NSC) in a meeting held on June 8.
June 8, 2016 | 08:28 pm PT
Privatization helps Vietnamese contractors compete with foreign players

Privatization helps Vietnamese contractors compete with foreign players

Vietnamese companies in the infrastructure sector have more chance to win projects funded by official development assistance loans after they have been either partly or wholly privatized.
June 9, 2016 | 08:47 pm PT
Vietnam to use public investment to reach ambitious growth target

Vietnam to use public investment to reach ambitious growth target

With money sitting there waiting to be spent, the PM is saying spend it.
July 25, 2016 | 02:29 am PT
Vietnam central city turns down cheap foreign loan for port expansion

Vietnam central city turns down cheap foreign loan for port expansion

Vietnam is now reluctant to borrow foreign aids amid high public debts.
July 31, 2016 | 04:00 pm PT
Transport infrastructure projects in central Vietnam beckon foreign investors

Transport infrastructure projects in central Vietnam beckon foreign investors

The government estimates the country will need $50 billion over the next five years.
August 5, 2016 | 04:30 pm PT
Da Nang plans $1.4 billion mega-port

Da Nang plans $1.4 billion mega-port

The city's existing port is being flooded by increasing cargo shipments. 
October 7, 2016 | 02:47 am PT
Delays in ODA-funded projects drag down Vietnam's economy

Delays in ODA-funded projects drag down Vietnam's economy

Projects that are two or three years late cost 1.5 times more than projected.
October 18, 2016 | 10:59 pm PT
Cheap foreign loans starting to dry up for Vietnam

Cheap foreign loans starting to dry up for Vietnam

Loan repayments currently cost the country about $1 billion a year.
October 25, 2016 | 07:25 pm PT
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