The workshop aimed to ensure a unified understanding and effective implementation of the new legal framework, while defining key directions for leveraging ODA and concessional financing in Vietnam’s next development phase.
Hoang Hai, Deputy Director of the Debt Management and External Finance Department under the Ministry of Finance, said, “In the 2026-2030 period, ODA and concessional loan mobilization could exceed seven times the level of the 2021-2025 period. To meet this target, we are diversifying channels to attract these funding sources.”
The Government’s Decree No. 119 creates a more transparent and enabling legal framework, and improves the efficiency of mobilizing and utilizing foreign capital while strengthening the accountability and proactiveness of agencies and project owners.
