Prime Minister Nguyen Tan Dung has approved a project to attract, manage and utilize official development assistance (ODA) and other preferential loans from donors until 2015. The 5-year project demonstrates the government’s efforts to comprehensively define Party and State guidelines and policies for the issue when Vietnam becomes a middle-income developing nation. The three-part project includes creating policies for revamping institutions, and managing and implementing activities related to attracting and disbursing ODA and preferential loans, aiming to increase the effectiveness of these capital sources to support the national five-year strategy until 2015 and the ten-year socio-economic development strategy for until 2020.