Private firms allowed to re-borrow ODA capital

The government has issued regulations on requirement, procedures and responsibility of agencies, organisations and individuals in re-lending the government’s foreign loans, scheduled to take effect from August 30, 2010 in line with Decree No 78/2010/ND-CP dated July 14, 2010. Accordingly, to re-lend official development assistance (ODA) loans the private firms have to be used projects [...]

Aug 9 2010 | Posted in Banking-Finance | Read More »

Now private businesses can borrow ODA capital, but. . .

The Government decision to allow private businesses access to ODA capital (official development assistance) is called a breakthrough in using the important capital source for investment and development. Private businesses eager For the last ten years, accessing ODA capital has been the privilege of state- owned enterprises. Now, private businesses can access ODA capital as [...]

Mar 25 2010 | Posted in Banking-Finance | Read More »

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