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Viet Nam needs over US$38 bln in ODA, concessional loans through 2030

VGP - Viet Nam needs around US$38.2 billion in official development assistance (ODA) and concessional foreign loans during the 2026–2030 period, said the Ministry of Finance at a meeting held on April 20.

Posts Thuy Dung

April 21, 2026 1:54 PM GMT+7
Viet Nam needs over US$38 bln in ODA, concessional loans through 2030- Ảnh 1.

ODA and foreign concessional loans are key resources for Viet Nam's socio-economic development, particularly for major infrastructure and high-impact projects.

In 2025, Viet Nam secured US$624 million in new ODA and concessional loans for 10 projects. As of December 31, 2025, the ODA disbursement rate reached nearly 45 percent.

Last March, the Government adopted a plan to implement Viet Nam's orientation for mobilizing, managing and utilizing ODA and foreign concessional loans in the 2026–2030 period.

The plan aims to ensure sufficient resources for development investment at national, sectoral and local levels through an appropriate scale and structure of ODA and concessional financing.

Priority will be given to disbursement needs of ongoing and transitional projects from the 2021–2025 period, as well as new projects expected to complete procedures and partially disburse in the 2026–2030 period.

Funding will also be earmarked for major infrastructure works and nationally important projects whose investment modalities and capital sources are yet to be finalized, alongside other public investment programs assigned by competent authorities.

The preparation, appraisal, negotiation and implementation of ODA-funded programs will be aligned with the country's socio-economic development strategy, medium-term public investment plan, five-year financial plan and public debt management plan for 2026–2030.

These efforts will support breakthroughs in economic growth, innovation-driven development, digital transformation, science and technology, energy security, education and public health, while encouraging stronger participation of the private sector./.