📋 Tender Overview
The Ministry of Finance has just signed 11 contracts to re-lend foreign loans from the Japanese Government, totaling 6,680 billion VND, supporting 8 northern mountainous provinces to implement natural disaster and climate change adaptation projects. Download Signing ceremony of 11 contracts to support 8 Northern mountainous provinces in implementing natural disaster and climate change adaptation projects - Photo: VGP On the afternoon of June 12 in Hanoi, the Ministry of Finance held a signing ceremony of 11 contracts to re-lend foreign loans from the Japanese Government through the Japan International Cooperation Agency (JICA) with 8 provinces including Cao Bang, Dien Bien, Lai Chau, Lang Son, Lao Cai, Son La, Thai Nguyen and Tuyen. Quang.The contracts were signed to implement two projects including the Rural Development Project to Adapt to Natural Disasters and the Infrastructure Development Project to Adapt to Climate Change to support ethnic minorities in the Northern mountainous and midland areas. The total value of 11 contracts is 39,256 billion Yen, equivalent to about 6,680 billion VND. Attending the ceremony were Deputy Minister of Finance Tran Quoc Phuong, Japanese Ambassador to Vietnam Ito Naoki, leaders of units under the Ministry of Finance and leaders of project beneficiary localities. Speaking at the ceremony, Deputy Minister Tran Quoc Phuong emphasized that the signing of on-lending contracts this time is important, as these are the first contracts implemented on the basis of the first bilateral loan agreement after Vietnam arranged administrative units and implemented a two-level local government model. According to Deputy Minister Tran Quoc Phuong, the signing not only creates a legal basis for the localities implementing the project but also clearly defining the responsibilities and obligations of the parties in managing and effectively using foreign loans, improving the capacity to respond to natural disasters and climate change and fulfilling debt repayment obligations to the central budget. Download Deputy Minister of Finance Tran Quoc Phuong - Photo: VGP In the context of the two-level local government model being strongly implemented, the signing of on-lending contracts is important, contributing to enhancing the initiative and accountability of local governments, while ensuring fiscal discipline and national public debt safety, Deputy Minister Tran Quoc Phuong emphasized. The Deputy Minister also appreciated the coordination of localities in the process of preparing and completing procedures to move forward. sign the contract. According to him, with the direction of local leaders, the coordination of departments and branches and the companionship of sponsors, projects will be implemented on schedule, ensuring quality and socio-economic efficiency. Speaking at the ceremony, Japanese Ambassador to Vietnam Ito Naoki said the signing marked an important implementation step for Japanese ODA capital for the northern mountainous provinces of Vietnam. Previously, in March 2026, the agreement The agreement related to Yen Bai province was signed between representatives of Japan and the Ministry of Finance of Vietnam. Ambassador Ito Naoki said that the official signing of the Loan Agreement was carried out under the witness of the Prime Minister of Japan during his recent visit to Vietnam. This is a milestone in the cooperative relationship between the two countries, contributing to strengthening trust and strengthening the Vietnam - Japan comprehensive strategic partnership. Download Japanese Ambassador to Vietnam Ito Naoki - Photo: VGP Within the framework of the program, local leaders signed an on-lending contract with the Ministry of Finance and signed an emulation contract to implement the project, committing to disburse 100% of foreign capital according to the assigned plan. Representative of beneficiary localities, Mr. Hoang Gia Long, Vice Chairman of Tuyen Quang Provincial Peoples Committee, said: The Northern mountainous area is a strategic area, where a large number of ethnic minorities are concentrated. living number. Meanwhile, agricultural production is still the main economic sector and is increasingly affected by natural disasters and climate change. According to Mr. Hoang Gia Long, JICAs preferential ODA capital will contribute to perfecting the infrastructure system, improving adaptability to climate change, improving peoples livelihoods, and helping localities access management experience, technology and advanced knowledge. Mr. Long said that the signing ceremony of on-lending contracts not only completes legal procedures. but also creates a foundation to deploy the project synchronously, in accordance with regulations, ensuring progress and investment efficiency. On behalf of the localities, Mr. Hoang Gia Long committed to seriously deploy the project, fully implementing regulations on public investment, bidding, management and use of ODA capital; arrange counterpart funds, coordinate with the Ministry of Finance, ministries, central branches and JICA to remove difficulties during the implementation process. Localities also commit to carry out monitoring, evaluation and reporting according to regulations of Vietnam and donors; At the same time, ensuring full implementation of principal and interest payment obligations according to signed on-lending contracts. These are the first on-lending contracts implemented after arranging administrative units and implementing the two-level local government model, contributing to strengthening coordination between central and local levels, ensuring effective use of foreign loans,Public debt safety and national fiscal discipline. Anh Minh See moreProcedure reform, paving the way for ODA capital in the new period See moreSimplify procedures, increase decentralization to improve ODA capital efficiency
