EU provides 430 million euro package to help Viet Nam advance Bac Ai pumped hydro storage project

The European Commission and other Team Europe actors announced a comprehensive €430 million package to advance the Bac Ai Pumped Hydro Storage Project, a flagship investment under Viet Nam's Just Energy Transition Partnership (JETP).

World Bank Support to Boost Flood Resilience and Connectivity in central Viet Nam

The World Bank’s Board of Executive Directors on October 1st approved a project to strengthen flood protection and transport connectivity in Viet Nam’s central Da Nang City and Gia Lai Province. The investment will provide more than 1.2 million people with better flood protection, safer evacuation routes, and more dependable access to markets and services.

New rules on big money transfers to take effect on November 1

Domestic electronic transfers worth 500 million VND (over 18,900 USD) or more, and international electronic transfers of 1,000 USD (or the equivalent in foreign currency) or above, will have to be reported to the State Bank of Vietnam (SBV).

Viet Nam may mobilize US$370 million in ODA by year-end

Viet Nam is expected to mobilize around US$370 million in official development assistance (ODA) and foreign concessional loans in the last four months of 2025, according to the Ministry of Finance.

Gov't doubles efforts to speed up public investment disbursement

Prime Minister Pham Minh Chinh urged ministries, agencies and localities to step up disbursement of public investment capital in 2025, stressing the goal of fully realizing this year’s investment plan.

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