![For decades, Vietnam continues to seek foreign economic assistance](https://d16zj2elvrnhxq.cloudfront.net/wp-content/uploads/2023/07/2023-07-08_100020-300x300.jpg)
For decades, Vietnam continues to seek foreign economic assistance
Official Development Assistance (ODA) is a form of “disguised” borrowing, in which rich countries lend to poor countries to build infrastructure. This is called a “concessional” loan with an interest rate of 0% and sometimes include “non-refundable aid.” However, most…