Prime Minister Nguyen Tan Dung has approved an action plan on improving the implementation of projects and programmes using official development assistance (ODA) and preferential loans in the 2014-15 period.
Under the plan, the Ministry of Planning and Investment will be responsible for devising a project on attraction, management and use of ODA capital and preferential loans from 2016 to 2020.
The ministry will review ongoing ODA-funded projects and programmes as well as consider those expected to use ODA and soft loans in order to ensure that they do not exceed the public and government debt ceiling approved by the National Assembly. These projects are expected to be submitted to the Government in the last quarter of 2015.
The PM also assigned relevant ministries and sectors to perfect the legal system and mechanisms on ODA and preferential loans, while enhancing their capacity in managing and implementing projects.
They have been asked to increase transparency, prevent corruption and enhance supervision and assessment work.
The Ministry of Natural Resources and Environment will build a circular instructing site clearance process while relevant ministries will collaborate with donors to review all projects, programmes and bidding packages and then propose specific measures to ensure transparency in project management.