Vietnam was classified as a country with a low average income level. Japan will continue to provide loans for Vietnam to build infrastructure via official development assistance (ODA), both financially and technically.
Japan will co-operate with the Vietnamese Government and prioritise infrastructure development, improving quality of life and enhancing national competitiveness.
Japan's ODA for Vietnam now has interest rates ranging from 0.1 to 1.4% per year, with a repayment period of 25-40 years.
