CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Investment / ODA projects
ODA agreements signed between Vietnam and RoK
By Bach Nhat 15:51, 2014/07/09
Vietnam’s Ministry of Finance and the Export-Import Bank of the Republic of Korea (RoK) signed two ODA loan agreements worth US$162 million through the Economic Development Cooperation Fund (EDCF) in Hanoi on July 9.

The loans with an interest rate of 0.1% per year and payment duration of 40 years (including a grace period of 10 years) aim to implement a US$117 million project to build Hung Ha bridge and a US$45 million project to develop Hanoi University of Pharmacy into a national university of regional standards.

Under the framework agreement worth US$1.2 billion for 2012-2015, these  two loan agreements are part of follow-up seven signed agreements, bringing the Korean Government’s total preferential loans for Vietnam to over US$512 million.

Earlier, in the 2008-2011 period, the RoK provided over US$1 billion in aid to Vietnam to implement projects on transport, health, and vocational training. 

Comments
Other news
15:58, 2023/10/18
Japan gives Vietnam biggest-ever ODA package
The focus of the financial support is infrastructure, manpower, and post-pandemic economic recovery.
15:45, 2023/10/18
Japan gives Vietnam biggest-ever ODA package
The focus of the financial support is infrastructure, manpower, and post-pandemic economic recovery.
20:59, 2023/07/05
Japan provides US$422 million ODA loans to Vietnam
The loans enable Vietnam to boost its recovery strategies adopted by the National Assembly in early 2022.
16:49, 2023/04/16
Prime Minister calls for Metro No. 1 project to be completed by September
Completion of the Metro No. 1 project is scheduled for the fourth quarter of 2023, after 12 years of construction.
15:57, 2021/10/23
70% highway road in Vietnam built with Japan loans
Infrastructure projects help smooth economic connectivity among parts of Vietnam and between the country and other ASEAN nations.
05:26, 2019/10/23
Vietnam should be cautious about environmental impact investment: JICA
Inflows from emerging countries might fail to meet environmental protection requirements.