The MoF and VNUHCM signed a sub-loan agreement

31/05/2023 09:05

On May 25, 2023, at the headquarters of the Ministry of Finance (MoF), representatives of MoF, Vietnam Development Bank (VDB) and Vietnam National University Ho Chi Minh City (VNUHCM) have signed the on-lending authorization contract and sub-loan agreement for the national universities development project of Vietnam (project) – component of VNUHCM. Deputy Minister Vo Thanh Hung has attended and witnessed the signing ceremony.

VNUHCM development project (VNUHCM project), a component of the Vietnam national universities development project - has been approved with a total investment of VND 2.728 billion, 90% of which from the World Bank.
Speaking at the signing ceremony, Deputy Minister Vo Thanh Hung emphasized that in the coming time, VNUHCM haved to urgently accelerate the annual disbursement as planned, develop a roadmap, feasible implementation schedule to ensure investment efficiency for the project.
Deputy Minister Vo Thanh Hung asked VDB, the Department of Debt Management and External Finance and VNUHCM to closely coordinate to ensure the effective implementation of the project in the coming time. 
Speaking at the signing ceremony, Mr. Vu Hai Quan – VNUHCM’s director acknowledged the project importance to his university and committed to accelerate its disbursement progress./.


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