Vietnam. Government through Ministry of Finance

Date of agreement:21 Jul 2010
Country:Vietnam
Customer:Government through Ministry of Finance
Amount in USD:USD 40 million
Amount in EUR:EUR 31.2 million
Maturity:17 years
NACE sector / loan type:Loan programme

Project

The General Loan Programme has been provided for onlending to projects within various sectors, such as wind power, small-scale hydropower, energy efficiency, infrastructure development, healthcare, broadcasting, telecommunication and manufacturing industries using modern, state-of-the-art technologies and equipment supplied by companies from NIB’s member countries.

Since 1998, the Ministry of Finance of Vietnam and NIB has signed three General Loan Programmes (the most recent in 2006), two Loan Programmes for the energy sector and three Loan Programmes for financing projects in the Vietnam National Coal Mineral Industries Group, with all programmes totalling USD 200 million.

Sustainability summary

As the loan programme is general it is not possible at this stage to perform an environmental analysis and estimate the impact of the loan allocations.