UN-EU Guidelines for financing of local costs in development co-operation with Viet Nam
27 May 2015
This all-encompassing concerted effort - based upon an open market approach - was considered a significant step towards gradual alignment of donor cost norms and GoV systems for ODA-funded programmes and projects in Viet Nam. It also signified the GoV's intention to progressively update its cost norms closer to market conditions.
Since 2009, the common UN-EU Guidelines approach has brought positive results for improving aid effectiveness and strengthening national ownership in Viet Nam and further facilitate the implementation of ODA-funded programmes and projects in Viet Nam.