Commercial banks race to fund green energy projects
Commercial banks are rushing to provide loans for green energy projects amid a wave of investment in the growing industry, dubbed a landmark for the country’s renewable energy outlook.
ADB to help improve infrastructure in Viet Nam’s north central and northeastern provinces
The Asian Development Bank’s (ADB) Board of Directors has approved loans totaling $299 million to help improve basic infrastructure services and promote inclusive and sustainable economic growth in the north central coastal region and the northeastern provinces of Viet Nam.
Dung Quat Oil Refinery seeking loans of $1.26bn to expand
The Binh Son Refining and Petrochemical Co. (BSR), the operator of the Dung Quat Oil Refinery in central Quang Ngai province, plans to take out loans of a combined $1.26 billion to expand its capacity, according to a plan unveiled by the Ministry of Industry and Trade.
Phu Lac wind power plant switches on
The Phu Lac wind power plant located in the Tuy Phong district, central coastal Binh Thuan province, will be completed on November 25 after 14 months of construction.