Internship Report About Vdb
INTRODUCTION
Nowadays, Vietnam is entering the period of high speed economic growth. Clearly, one of the indispensable conditions for economic development is the need for capital. However, domestic capital source is not enough to fulfill the speed of development in this period. Therefore, it is an important task that we need to attract more effective capital from external sources.
Currently, ODA is very important capital source for the development of nations. This funding is a crucial role in the growth process and integration of Vietnam economy. The rapid development in infrastructure and transportation, one of the top priorities to be funded by ODA contributes considerably to the growth of national economy. However, ODA is not just a loan. Along with ODA, it is the biding conditions related to politics and economics, which will be a burdened debt for the next generation or become dependent on the foreign countries unless we know how to use and manage effectively ODA. On the other hand, the management and usage of ODA in our country still contain a lot of shortcomings and mistakes causing unfortunate consequences.
For this important role, the research about how to use ODA effectively is very crucial. It not only helps students accumulate and strengthen the knowledge but also promote the development and improvement of the usage of this capital
All things being considered, after 5 weeks interning in the foreign capital department of Vietnam Development Bank, I have decided to choose the topic: “ON LENDING ODA UNDER THE MANAGEMENT OF VIETNAM DEVELOPMENT BANK FROM 2008 TO 2012” as the subject of my mid-course internship report. This report is divided into 3 main parts as follows:
Chapter 1: The overview of Vietnam Development Bank (VDB)
Chapter 2: The status of on-lending ODA under the management of Vietnam Development Bank from 2008 to 2012.
Chapter 3: Suggestions to improve the management and on lending ODA in Vietnam Development Bank in next few years.
Nowadays, Vietnam is entering the period of high speed economic growth. Clearly, one of the indispensable conditions for economic development is the need for capital. However, domestic capital source is not enough to fulfill the speed of development in this period. Therefore, it is an important task that we need to attract more effective capital from external sources.
Currently, ODA is very important capital source for the development of nations. This funding is a crucial role in the growth process and integration of Vietnam economy. The rapid development in infrastructure and transportation, one of the top priorities to be funded by ODA contributes considerably to the growth of national economy. However, ODA is not just a loan. Along with ODA, it is the biding conditions related to politics and economics, which will be a burdened debt for the next generation or become dependent on the foreign countries unless we know how to use and manage effectively ODA. On the other hand, the management and usage of ODA in our country still contain a lot of shortcomings and mistakes causing unfortunate consequences.
For this important role, the research about how to use ODA effectively is very crucial. It not only helps students accumulate and strengthen the knowledge but also promote the development and improvement of the usage of this capital
All things being considered, after 5 weeks interning in the foreign capital department of Vietnam Development Bank, I have decided to choose the topic: “ON LENDING ODA UNDER THE MANAGEMENT OF VIETNAM DEVELOPMENT BANK FROM 2008 TO 2012” as the subject of my mid-course internship report. This report is divided into 3 main parts as follows:
Chapter 1: The overview of Vietnam Development Bank (VDB)
Chapter 2: The status of on-lending ODA under the management of Vietnam Development Bank from 2008 to 2012.
Chapter 3: Suggestions to improve the management and on lending ODA in Vietnam Development Bank in next few years.
References: 1. Decree No. 187/CP to establish the General of Investment and Development under the Ministry of Finance 2. Decree No. 43/1999/ND-CP on investment and development credit of the State to establish the Development Assistance Fund 3. Decision No.108/2006/QD-TTg dated May 19, 2006 of the Prime Minister on establishment of Vietnam Development Bank 4. Annual reports in 2008, 2009, 2010, 2011, 2012 of VDB 5. http://www.vdb.gov.vn 6. http://vi.wikipedia.org/wiki/Ng%C3%A2n_h%C3%A0ng_Ph%C3%A1t_tri%E1%BB%83n_Vi%E1%BB%87t_Nam 7. http://vi.wikipedia.org/wiki/H%E1%BB%97_tr%E1%BB%A3_ph%C3%A1t_tri%E1%BB%83n_ch%C3%ADnh_th%E1%BB%A9c