Expressing gratitude and appreciation for the contributions of ODA loans and investment from Japanese enterprises to Vietnam's socio-economic development in recent times, PM Chinh shared solutions in the quartet of strategies to implement industrialisation and modernisation, including breakthroughs in science and technology development, implementing the revolution of streamlining the apparatus, developing the private economic sector, building an independent and self-reliant economy, associated with deep, substantive and effective integration.
The Metro Line No. 2 project has an estimated investment of nearly 47.9 trillion VND (2 billion USD) and has nearly completed land clearance, at 99.8%. The NA’s Resolution 188 authorises HCM City to develop seven metro lines spanning 355 kilometres over the next decade, with preliminary total investment for the 2025-2035 phase estimated at 40.2 billion USD.
Prime Minister Pham Minh Chinh and his Japanese counterpart Kishida Fumio discussed in depth the Vietnam-Japan bilateral relations and international and regional issues of mutual concern at their talks in Hanoi on May 1.
The debt management in Vietnam requires reforms to meet the requirements of management amid radical changes in development of the country and gradually move closer to international practices.
The Electricity of Vietnam (EVN) needs total investment capital of 93.2 trillion VND (3.97 billion USD) for power projects this year and it will focus all resources to ensure the progress of such projects, according to the group.
Heated debate broke out in the National Assembly on November 12 over the feasibility report for the phase-one development of the Long Thanh International Airport in the southern province of Dong Nai.
Members of the National Assembly Standing Committee have agreed that future official development assistance (ODA) loans are necessary for Vietnam to meet its development potential, but they emphasised the need to spend these loans more effectively.
The Japan International Cooperation Agency (JICA) has signed an official development assistance (ODA) loan agreement worth 12.865 billion JPY (117.8 million USD) for the Hoa Lac Science and Technology City Development Project.
The southernmost province of Ca Mau is mobilising capital from various sources, including the Climate Change Programme and ODA loans, for urgent construction of sea embankments on its western coast.
The State Bank of Vietnam has instructed HDBank to provide banking services for the Second Upper Secondary Education Sector Development Programme funded by the Asian Development Bank.
The Government has approved a protocol on adjustments to the Agreement on Double Taxation Avoidance with India, which was signed in Hanoi on September 3, 2016.
The 8th meeting of the Vietnam – Japan Cooperation Committee took place on May 6 under the co-chair of Vietnamese Deputy PM and Foreign Minister Pham Binh Minh and Japanese Foreign Minister Kishida.
Prime Minister Nguyen Xuan Phuc has urged the Ministry of Planning and Investment (MPI) and other ministries and agencies to promptly reach consensus on solutions to the lingering problems.
