The Ministry of Foreign Affairs issued Circular No. 01/2008/TT-BNG of February 4, guiding the order and procedures for concluding and implementing framework international agreements and specific international agreements on official development assistance (ODA).
The State Bank of Vietnam is responsible for proposing to the Government the conclusion and implemention of specific international agreements on loans or non-refundable ODA with the World Bank, the International Monetary Fund (IMF) or the Asian Development Bank for ODA-funded programs and projects managed by other agencies.
The Ministry of Finance may propose specific international agreements on loans with donors other than World Bank, IMF and ADB for ODA programs and projects not under its management.
The Ministry of Planning and Investment would propose specific international agreements on non-refundable ODA with donors other than World Bank, IMF and ADB for ODA programs and projects managed by agencies attached to the National Assembly, the State Audit or provincial-level People’s Committees.
The Ministry of Justice is empowered to evaluate ODA international agreements according to Article 19 of the Regulation on Evaluation of International Agreements promulgated together with Decision No. 06/2006/QD-BTP of July 24, 2006.
The Ministry of Foreign Affairs must notify donors and concerned agencies and organizations of written decisions of competent state authorities on explanation, amendment, extension, suspension or invalidation of ODA agreements upon receiving these decisions.
A draft ODA international agreement already approved by the Government may be used as a basis for elaboration of similar ODA agreements to be negotiated with donors.-