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flag EIB pledges €500 million loan to support Vietnam’s clean energy transition and sustainable development.

flag The European Investment Bank (EIB) is deepening its partnership with Vietnam to support the country’s transition to clean energy and sustainable development. flag During recent meetings, both sides discussed financial support through a €500 million loan for Vietnam's Just Energy Transition Partnership, aiming to reduce emissions and support renewable energy projects. flag The EIB also plans to work with the State Bank of Vietnam to enhance the financial sector's ability to support climate initiatives. flag Vietnamese officials have requested more favorable loan terms and broader support for infrastructure and private sector projects. flag The EIB has committed to sharing expertise in green financing and climate risk management, aligning with Vietnam’s goals for a green transition.

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