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Vice Chairwoman of the National Assembly, Nguyen Thi Thanh, (R) meets with Chairman and CEO of the Korea Electric Power Corporation (KEPCO), Kim Dong Cheol, in Hanoi on April 15. (Photo: National Assembly Portal) Vice Chairwoman of the National Assembly (NA), Nguyen Thi Thanh, met with Chairman and CEO of the Korea Electric Power Corporation (KEPCO), Kim Dong Cheol, in Hanoi on April 15. During the meeting, she emphasized the strong diplomatic relations between Vietnam and the Republic of Korea (RoK), highlighting that Korean businesses are active investors in Vietnam’s energy sector. Thanh acknowledged the RoK as one of Vietnam’s largest foreign investors, with involvement in power generation, renewable energy, nuclear power, and oil and gas exploration. She commended KEPCO’s contributions to Vietnam’s energy landscape and encouraged their continued support in technological advancement and energy development. The NA Vice Chairwoman suggested KEPCO maintain close collabora...

Deputy PM Bui Thanh Son, who also heads the National Steering Committee for ODA and Concessional Loans, emphasized the importance of accelerating the implementation of projects and ensuring effective capital utilization. This statement was made during a committee meeting on April 13, 2025. Enhancing Capital Utilization Effectiveness: According to Son, expediting public investment capital disbursement, including ODA and concessional loans, is vital for unlocking development resources. He noted that to maintain high economic growth in the coming years, efficient use of ODA is crucial. However, ODA disbursement has been slow, with an annual average disbursement rate of only 52% between 2021 and 2024. In the first four months of 2025, the rate was a mere 4.6%, significantly lower than the national average for public investment disbursement. Vietnam’s Deputy Prime Minister Bui Thanh Son chairs a meeting of the National Steering Committee for ODA and Concessional Loans. (Photo: VNA) So...

A Robust Start to Q1: Demonstrating Government’s Effective Direction and Ministries’ Swift Action The National Statistics Office (NSO) under the Ministry of Finance reported an estimated public investment capital disbursement of VND116.8 trillion for Q1/2025, reflecting a significant 13.5% of the annual plan. This figure surpasses the same period in 2024 by 19.8%, showcasing a strong start to the year. The disbursement rate has been on an upward trajectory since 2023, with a notable increase from 12.5% in Q1/2024 to 13.5% in Q1/2025. Q1/2025 Public Investment Disbursement Surges by Nearly 20% Year-on-Year Nguyen Thi Huong, Director-General of the NSO, attributed this positive development to the strong direction provided by the Government and the early implementation by ministries and localities. This collaborative effort has resulted in a gradual unlocking of public investment capital, a key driver of economic growth. Echoing this sentiment, Phi Thi Huong Nga, Head of the...