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ODA capital
Updated news related to ODA capital
Nghe An province delegation conducts many investment promotion activities in Japan
(Baonghean.vn) - As part of the program of visiting and working in Japan, from November 9-10, comrade Hoang Nghia Hieu - Deputy Secretary of the Provincial Party Committee and the delegation of Nghe An province had meetings with the Vietnamese Embassy in Japan and worked with a number of Japanese organizations and enterprises.
News
Disbursement of ODA public investment only reached 19.23%, Nghe An Provincial People's Committee proposed to speed up the progress
(Baonghean.vn) - Up to now, the disbursement rate of foreign public investment planned for 2023 and 2022 extending to 2023 in Nghe An has only reached 19.23%, much lower than the average rate of the whole province (35.71%).
Nghe An strives to remove difficulties and speed up public investment disbursement progress
(Baonghean.vn) - Implementing the Government's direction, in order to meet the socio-economic development requirements of the province, Nghe An has made great efforts since the beginning of the year, the disbursement rate for projects should be quite good. However, due to many reasons, the disbursement progress is still slow and has not yet reached the set target.
The Prime Minister decided to establish 6 working groups to remove difficulties and promote disbursement of public investment capital.
Prime Minister Pham Minh Chinh has just signed Decision No. 548/QD-TTg dated May 2, 2022 to establish 6 Working Groups to inspect, urge, remove difficulties and obstacles, and promote disbursement of public investment capital in 2022 at ministries, central agencies and localities that have not fully allocated the assigned public investment capital plan for 2022 by April 30, 2022; and have a disbursement rate by April 30, 2022 below the national average (18.48%).
Prime Minister requests to accelerate disbursement of ODA capital and foreign preferential loans
Deputy Prime Minister Pham Binh Minh has just signed Official Dispatch No. 307/CD-TTg dated April 8, 2022 on accelerating the implementation and disbursement of ODA capital and foreign preferential loans.
Nghe An's foreign loan disbursement rate is among the top in the country.
(Baonghean.vn) - In Nghe An, the total foreign capital planned for 2021 has been disbursed at 8.5% of the plan, while the average disbursement rate nationwide is 2.97%.
Nghe An: Highlights on October 29
(Baonghean.vn) - The Standing Committee of Nghe An Provincial Party Committee held its regular October meeting; Rain following the circulation of storm No. 9 caused flooding and landslides in many localities in the province; Provincial leaders came to inspect and mobilize households in landslide-prone areas to evacuate... are the highlights of October 29.
Solve problem 3
DNUM_CJZBAZCACA 14:33
(Baonghean.vn) - On the morning of October 29, speaking at an online conference with ministries, agencies, and localities on the implementation and disbursement of ODA programs and projects, the Prime Minister emphasized: "We are determined to change cadres who do not know how to work, lack responsibility, lack initiative, negative cadres, who do not work for the task but for group interests in investment and in implementing ODA projects".
Nghe An: In 9 months, public investment budget from foreign loans reached over 52%
DNUM_BEZBAZCACA 11:58
(Baonghean.vn) - In Nghe An, based on the loan capital sources according to the assigned plan, every month, the province has timely solutions for implementation and continuous inspection and supervision, so the disbursement results are quite good and higher than the national average.
Nghe An has 20 ODA projects with aid capital of over 4.5 million USD.
DNUM_AIZBCZCABJ 09:22
(Baonghean.vn) - In addition to 20 ODA projects approved in the first 11 months of 2019, Nghe An also has 1 newly approved ODA project with a total investment capital of 12.16 million USD.
Prime Minister Nguyen Xuan Phuc: Slow disbursement of public investment has created a bottleneck for the economy.
DNUM_CGZAJZCABJ 13:14
(Baonghean.vn) - According to the Prime Minister, along with the progress of public investment disbursement, the quality of the project must be given top priority; not to allow the situation of stealing norms, embezzling projects, preventing loss, waste, and negativity during the implementation process.
Nghe An will build an electronic information portal on investment promotion in Japanese.
DNUM_CEZAIZCABJ 10:20
(Baonghean.vn) - After the Nghe An - Japan Business Connection Conference held on August 22, Brainworks Asia Co., Ltd. committed to supporting Nghe An in building an electronic information portal on investment promotion in Japanese.
Prime Minister approves ODA usage orientation for the next 7 years
DNUM_BAZBBZCABI 08:38
Only use foreign loans for areas/projects where domestic public investment capital cannot meet the demand, and the private sector has no motivation to invest...
Prime Minister's visit to Japan: Investment deals worth $10 billion
DNUM_BAZBAZCABI 14:59
The licenses and investment cooperation agreements reached during Prime Minister Nguyen Xuan Phuc's visit to Japan have a total value of approximately 10 billion USD.
ODA capital incentive trap
DNUM_CHZAIZCABI 10:36
The Ministry of Planning and Investment warns that ODA loans are starting to show their limitations, such as gradually increasing interest rates. If not carefully considered, one could fall into the “ODA and preferential loan” trap when loan interest rates and capital arrangement fees are higher than commercial loan interest rates in the domestic capital market.
Nghe An Water Supply Company annually repays ODA capital debt of over 50 billion VND.
DNUM_BBZAHZCABI 08:58
(Baonghean) - After transforming into a joint stock company, despite implementing many solutions and paying nearly 8 billion VND in state taxes each year, due to many difficulties, Nghe An Water Supply Company Limited is still losing money.
Private enterprises can borrow Japanese ODA capital
DNUM_BBZAFZCABI 08:29
According to the new Chief Representative of JICA Vietnam Office, Konaka Tetsuo, this new form of loan has no ceiling, can be applied to small and medium enterprises, and does not require Vietnamese enterprises to form joint ventures with Japanese companies or use Japanese materials.
Private enterprises can borrow ODA capital
DNUM_CFZAEZCABI 15:15
In addition to public agencies and organizations, private enterprises can also borrow ODA capital and preferential loans from foreign donors.
Nghe An will consolidate and merge project management boards.
DNUM_CJZADZCABI 12:07
(Baonghean.vn) - That was the direction of Provincial Party Secretary Nguyen Dac Vinh at the working session between the Supervisory Delegation of the Provincial National Assembly Delegation and the Provincial People's Committee on the implementation of the use of foreign loans (ODA) in the period 2011-2016, on the morning of March 29.
Nghe An strives to have 43 more villages and hamlets using the national grid by 2020.
DNUM_CBZADZCABI 17:20
(Baonghean.vn) - The Department of Industry and Trade proposes that by 2020 there will be 46 villages and 1 island (of which 43 villages and 1 island propose to use the national grid; 3 villages and 1 island propose to use other energy).
Nghe An will build Vinh Medical University Hospital
DNUM_BDZADZCABI 20:06
(Baonghean.vn) - This is the information given by the Principal of Vinh Medical University (VMU) at a working session with the Supervisory Delegation of the Provincial National Assembly Delegation on the implementation of policies and laws on management and use of foreign loans in the period 2010-2016 in the province on the afternoon of March 13.
Nam Dan will have one more town in the "five South" region
DNUM_AHZADZCABI 13:52
(Baonghean.vn) - That is the information reported by the leader of Nam Dan district at the working session with the provincial National Assembly monitoring delegation, requesting that the locality needs to exploit and effectively use projects invested from ODA capital.
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