Vietnam needs to improve legal frameworks and institutions in its efforts to better the use of official development assistance (ODA), said an expert.
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The East-West Boulevard uses ODA granted by Japan
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Head of an independent evaluation delegation Marcus Cox put forth the suggestion at a seminar which was held in Hanoi on Oct. 8 to get feedback about a draft report on the performance of the Paris Declaration and Hanoi Core Statement on Aid Effectiveness.
Cox recommended Vietnam build the capacity of sector-level managers and utilise more objective assessment tools.
The draft report pointed out the fact that Vietnam’s national development programme and its rapid growth have not relied on ODA aid capital, but the nation is still facing a lot of challenges in terms of institutions, making plans and decentralisation of power in ODA management.
A number of delegates said the report should give out specific figures and more detailed analyses of new aid methods, refundable and non-refundable aid.
Meanwhile, a representative from the National Assembly Office emphasised the necessity to enhance technical management rather than administrative measures, saying it is one of the most effective way to manage ODA.
The workshop was co-hosted by the Ministry of Planning and Investment and the Aid Effectiveness Forum (AEF).
Vietnam is one of 24 countries worldwide participating in the 2nd phase of evaluation on the implementation of the Paris Declaration on Aid Effectiveness./.