Proposal to reduce legal procedures for ODA funding.
According to the Ministry of Justice , after more than 10 years of implementation, nearly 96% of the legal opinions granted have been accepted by partners, and there have been virtually no cases of refusal to grant legal opinions on ODA loans. Based on this reality, the draft proposal suggests retaining only two groups of subjects that continue to require legal opinions: International treaties on ODA capital and preferential foreign loans; and agreements on ODA loans and preferential foreign loans in the name of the Government.
Meanwhile, many projects, such as government-guaranteed loans, international bond issuances, and public-private partnership (PPP) projects, will no longer require legal opinions. This move is expected to shorten processing times, accelerate the disbursement of foreign loans, and create more room for public investment and economic growth during the 2026-2030 period.
Besides narrowing the scope of legal opinion provision, the draft also significantly revises the application processing procedure towards digitalization and increases the accountability of lending institutions.
Another notable new point is that the draft clearly stipulates the deadline for revising and supplementing documents. If the documents are incomplete or do not comply with legal regulations, the Ministry of Justice has the right to request the agency requesting the legal opinion to revise or clarify the content of the documents within 5 working days; in complex cases, this period may be extended but not exceeding 10 working days.
According to the Ministry of Justice, the revision of procedures towards digitalization, reduction of intermediate steps, and clarification of responsibilities of all parties aims to meet the requirements of promoting administrative reform, developing science and technology, innovation, and digital transformation in state management activities.
The report also emphasized that ODA and concessional foreign loans remain very important resources for Vietnam's socio-economic development in the coming period. However, to improve the efficiency of capital utilization, the process of handling legal procedures needs to be faster, with clearer responsibilities, and in line with the current requirements of institutional reform.
Notably, the Ministry of Justice believes that maintaining the procedure for granting legal opinions on ODA funds remains necessary because in many international disputes related to ODA loans, the Vietnamese Government or state agencies are often a direct party involved. Therefore, granting legal opinions is still maintained for international treaties and ODA loan agreements in the name of the Government to ensure the legal security of the State in international transactions.
Source: https://vtv.vn/de-xuat-giam-thu-tuc-phap-ly-cho-von-oda-10026052111215399.htm
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