ODA for agricultural development nears $2 billion in 20 years

Vietnam has carried out 23 agricultural projects using official development assistance (ODA) worth over 1.96 billion USD, said an official.

ODA for agricultural development nears $2 billion in 20 years

The figures were released by Le Van Hien, head of the Ministry of Agriculture and Rural Development’s Agricultural Project Management Board (APMB), at a conference held in Hanoi on July 3 to review the two decades of running such projects.

Hien said 17 out of the 23 projects were completed, with the rest being underway, benefiting millions of people across 63 provinces and cities nationwide.

As heard at the conference, these projects cover the areas of crop cultivation, animal husbandry, aquatic farming, rural infrastructure development and natural disaster prevention, among others.

As a result, nearly 5,000km of rural roads, over 700km of canals and ditches, and close to 100km of sea and river dykes, 600 rural markets, and 21 fishery ports have been upgraded.

Vu Duc Con, Vice Director of the Dak Lak Department of Agriculture and Rural Development, said a project on farming diversification for 1999 – 2006 had provided capital and technical support for small-scale rubber cultivation to 3,000 local families, particularly those from ethnic minorities.

 

Cao Van Hoa, Vice Director of the Tien Giang Department of Agriculture and Rural Development, said the Mekong Delta province has received assistance from 8 ODA projects to improve animal health services at commune level and animal husbandry following bio-safety standards.

Hien pointed to the shortage of preferential loans from donors and policy changes in the management of ODA sources are challenging the APMB’s building of programmes for 2021 – 2026.

The board is currently designing three projects using loans from the World Bank on sustainable fishery development, farm produce safety, and sustainable growth of cashew, peppercorn and fruit sectors. It is also working on a project on increasing rice value chains in the Red River Delta.-VNA

Red tape results in low ODA disbursement in Vietnam: ADB

Red tape results in low ODA disbursement in Vietnam: ADB

Vietnam’s average disbursement rate is much lower than that of other recipients of the Asian Development Bank’s ODA loans, largely due to cumbersome and time-consuming procedures, said Eric Sidgwick, ADB country director for Vietnam.  

Minister: ODA disbursement at alarming pace

Minister: ODA disbursement at alarming pace

Disbursement of official development assistance (ODA) hit over VND1.6 trillion in the first five months of this year.

US$17 billion in ODA loans yet to be disbursed

US$17 billion in ODA loans yet to be disbursed

Some US$17 billion worth of official development assistance (ODA) loans pledged by six development banks have yet to be disbursed, heard attendees at a meeting held recently.  

 
 
 
 
 
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