The Japan Bank for International Cooperation (JBIC) is interested in investment plans for energy projects of the Vietnam Electricity (EVN) and Vietnam Oil and Gas Group (PVN), unveiled Kazuhisa Yumikura, Managing Executive Officer and Global Head of Infrastructure and Environment Finance Group at JBIC.
Hanoi (VNA) – The Japan Bank for International Cooperation (JBIC) is interested ininvestment plans for energy projects of the Vietnam Electricity (EVN) andVietnam Oil and Gas Group (PVN), unveiled Kazuhisa Yumikura, Managing ExecutiveOfficer and Global Head of Infrastructure and Environment Finance Group at JBIC.
He spoke of theintention at a recent working session between the Japanese policy-basedfinancial institution and Vietnam’s Committee for Management of State Capitalat Enterprises.
JBICconsiders the Vietnamese Government and state-run companies its importantpartners, Yumikura said.
According tohim, in the context of Vietnam working to limit government debt, EVN and PVNhave improved their performance via self mobilisation of capital without theGovernment’s guarantee. As a result, JBIC’s lending to both companies withoutsuch guarantee is suitable to the country’s orientation, he concluded.
However, hesaid the work is not easy, highlighting JBIC’s hope for comprehensive supportfrom the Vietnamese Government. The lending process requires assessment toensure business capacity of EVN and PVN, he added.
Yumikurasaid JBIC always pays attention to the monitoring of projects run by EVN, asthe group plays an important role in the reform of the Vietnam’s electricityindustry despite increasing engagements of the private sector.
He stressedJBIC wants to join a policy dialogue mechanism with Vietnamese public agencies.
Agreed withthe Japanese guest, Nguyen Thi Phu Ha, Vice Chairwoman of the Committee forManagement of State Capital at Enterprises, informed him that the Governmenthas assigned the Ministry of Industry and Trade to draft a memorandum ofunderstanding on the mechanism with support from EVN and PVN.
Shesuggested JBIC coordinate with the Vietnamese side to carry out workshopssharing experience on offering loans for energy projects and conditionsrequired to obtain loans without the Government’s guarantee.
She said hercommittee also manages state-run companies implementing national transportinfrastructure projects that JBIC could consider its participation in.
Thecommittee is willing to update information on such projects for JBIC in linewith regulations, Ha added.-VNA
Vietnam wants to receive support from the Japan Bank for International Cooperation (JBIC) in the developing power projects, Prime Minister Nguyen Xuan Phuc has said.
Vietnam welcomes and will create optimal conditions for the Japan Bank for International Cooperation (JBIC) and businesses from Japan to operate and take part in key projects on energy, industry, transport and infrastructure, a senior Vietnamese official has said.
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and the Japan Bank for International Cooperation (JBIC) have signed a 200 million USD credit contract to finance renewable energy projects in Vietnam.
The Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and the Japan Bank for International Cooperation (JBIC) exchanged a credit contract worth 200 million USD to fund renewable energy projects in Vietnam.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Illustrative photo (Source: Nikkei Asian Review) 
