DFDL Vietnam Legal Update: New Regulatory Framework for Official Development Assistance and Preferential Foreign Loans

On 10 September 2025, the Government of Vietnam (“Government”) issued Decree No. 242/2025/ND-CP (“Decree 242”) establishing comprehensive regulations for the management and utilization of official development assistance (“ODA”) and preferential foreign loans.

Decree 242 establishes a comprehensive and modernized regulatory framework governing the scope, principles, procedures, financial mechanisms, and oversight of Vietnam’s ODA and preferential loan programs. This new framework aims to enhance operational efficiency, ensure debt sustainability, promote transparency, and strengthen alignment between external financing and national development priorities.

 

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