Disbursed ODA capital reaches US$1 billion in May

The Ministry of Planning and Investment has reported ODA disbursement reached US$1.5 billion by the end of May, accounting for 31.3 percent of amount planned for this year.

Earlier, ODA disbursement was estimated at $450 million in the first four months of the year and in May alone it exceeded $1 billion, more than two times higher compared to that of four months earlier.

Last year, ODA disbursement was estimated at more than $3.6 billion, the highest so far. Meanwhile, ODA committed capital reached $7.3 billion in 2012, and nearly $6.5 billion in 2013.

Data from the Ministry showed that implemented FDI capital in the first five months of the year was estimated at $4.58 billion, up 1.6 percent, while registered capital was at $8.52 billion, up 8.9 percent year-on-year.

By T.Mai – Translated by Thuy Doan

Other news

Most view

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Economy

Vocarimex plans to expand export markets

The Vietnam Vegetable Oil Industry Corporation -Vocarimex (code: VOC) has set its target the 2018 revenue will reach VND 4,8trillion, an increasing of 9 percent compared to 2017 and pre-tax profit target will be VND 300 billlion ($ 13 million), dividend payment ratio at 12 percent.

 

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

BLF & LUT fined VND 145mln

The State Securities Commission of Vietnam (SSC) has just issued administrative fines worth VND 145 million to Bac Lieu Seafood Corp (BLF) and Luong Tai Investment & Construction Corp (LUT).