Vietnam needs Japan ODA for high-speed railway, semiconductor development: PM

Vietnam needs Japan ODA for high-speed railway, semiconductor development: PM

Vietnamese Prime Minister Pham Minh Chinh has asked the Japan International Cooperation Agency (JICA) to provide more preferential official development assistance (ODA) loans for Vietnam, with priority given to high-speed railways and the semiconductor sector.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Japan funded project creates Vietnamese consultants pool for SME development

Japan funded project creates Vietnamese consultants pool for SME development

The Japan International Cooperation Agency (JICA) has successfully implemented and closed a three-year project designed to support small and medium-sized enterprises (SMEs) in Vietnam, citing “remarkable achievements.”

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

JICA, ADB to launch $1.5 bln infrastructure fund, Vietnam in focus

JICA, ADB to launch $1.5 bln infrastructure fund, Vietnam in focus

The Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA) will establish the Leading Asia's Private Infrastructure Fund 2 (LEAP 2) with the capital of up to $1.5 billion, the duo announced Friday.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Clearer legal framework needed to stimulate eco-industrial park development in Vietnam

Clearer legal framework needed to stimulate eco-industrial park development in Vietnam

The development of green industrial parks and economic zones proved an inevitable path in Vietnam following international success stories, but developers are asking for clearer regulations and guidance for long-term investments.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam should build clear legal framework for green industrial parks: Phu My 3 IP chairwoman

Vietnam should build clear legal framework for green industrial parks: Phu My 3 IP chairwoman

Vietnam should build a clear legal framework to facilitate the green growth of industrial parks, such as penalizing investors for failing to meet their green growth requirements, said Nguyen Thi Thao Nhi, chairwoman of industrial real estate developer Thanh Binh Phu My JSC.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

VPBank secures $300 mln loan from US gov’t development agency

VPBank secures $300 mln loan from US gov’t development agency

VPBank, the largest bank in Vietnam in terms of charter capital, has struck a deal on a $300 million loan from US International Development Finance Corporation (DFC), the U.S. government’s development finance institution, to ramp up its operations.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Environment firm secures $20 mln in loans from foreign sources

Environment firm secures $20 mln in loans from foreign sources

Binh Duong Water Environment JSC (BIWASE) signed loans of $20 million with foreign sources on Friday, without a government guarantee, for the construction and operation of a composting plant and waste-to-energy facility in Binh Duong province.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

ADB approves $20 mln loans for Binh Duong waste management project

ADB approves $20 mln loans for Binh Duong waste management project

Vietnamese water supply company Biwase has tapped development financial institutions for new $20 million financing for a waste management and energy efficiency project in the southern industrial province of Binh Duong.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam economic recovery fast, impressive: international agencies

Vietnam economic recovery fast, impressive: international agencies

Vietnam is on a growth trajectory with stable macro-economic fundamentals, signalling bright prospects for FDI attraction even amidst global geopolitical turbulence.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC’s first metro line project nearly 92% complete

HCMC’s first metro line project nearly 92% complete

Nearly 92% of work on Ho Chi Minh City’s first metro line, Ben Thanh-Suoi Tien, has been completed so far, with efforts to put the line into commercial operation by the end of 2023.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

JICA urges Vietnam to enhance human resources development

JICA urges Vietnam to enhance human resources development

Vietnam needs to improve education and training for the labor workforce to increase productivity and boost the country’s competitiveness for global integration, Japan International Cooperation Agency (JICA) said.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Expressway builder VEC records 20-fold rise in profit after tax

Expressway builder VEC records 20-fold rise in profit after tax

State-owned Vietnam Expressway Corporation (VEC), Vietnam’s top expressway developer, reported a profit after tax of VND155 billion ($6.7 million) in 2021, 20 times higher than in 2020.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

JICA inks $148 mln loan for Vietnam’s climate change measures

JICA inks $148 mln loan for Vietnam’s climate change measures

The Japan International Cooperation Agency has signed a deal with Vietnam’s Government to provide an official development assistance loan of 18.871 million yen (over $148.4 million) to help the country in countering disasters and climate change.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7