ODA policy . Official development assistance (ODA)
maintains 500 million USD/year mainly through multilat-
eral mechanism for the purpose of hunger elimination, epi-
demic disease prevention etc.
According to «Theoretical point on Russia»s participa-
tion in international development support» adopted in No-
vember 2007, Russia set a target to spend 0.7 % GDP on
development assistance, in which 70 % of assistance for bi-
lateral purpose and 30 % of assistance for multilateral pur-
pose. The region order with Russia»s assistance priority is
as follows: SNG, Asia Pacific, Africa, Mideast and North
Africa, Latin America. The field order with Russia»s assis-
tance priority is as follows: energy (especially electrical en-
ergy), medicine, education etc. However, up to now, Russia
hasn»t had legal regulations to perform this theoretical
point. Russia is considering establishing the Development
Assistance Agency similar to other countries in the world.
2. Investment situation of Russia in Vietnam According to the statistics of the Foreign Investment
Agency until end of September 2015, the Russia Federa-
tion ranks seventh among 105 countries and territories in-
vesting in Vietnam with 114 valid investment projects and
total registered investment capital of 1.961 billion USD.
Classification according to sectors. Investors of
Russia Federation mostly invest in the field of processing,
manufacturing with 37 projects and total investment cap-
ital of 1.13 billion USD (accounting for 58 % of total in-
vestment capital). The second position is mine ores with 07
investment projects and total investment capital of 581.2
million US (accounting for 30 % of total investment cap-
ital). The third position is real estate business with 03 proj-
ects and total investment capital of 72.73 million USD.
The remaining invested fields are agriculture, forestry and
fishery; wholesale, retail, repair etc.
