CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Investment / Opportunities
WB sponsors $102 million to help Vietnam save energy
By Nguyen Anh - Tuan Minh 17:12, 2017/04/18
Information from the World Bank (WB) on April 17 said that the Executive Board approved a $102 million loan to the Vietnamese government.
 


 
Accordingly, Vietnam's industrial enterprises may have access to a new credit package to purchase technologies that optimize production and energy efficiency, reduce energy consumption and production costs, increase competitiveness in the domestic market and in the world market.

Funds from this project will be distributed to participating financial institutions and then disbursed to industrial companies for investment in energy efficiency projects. 

With the support of this project, financial institutions and industrial companies will be able to prepare and evaluate energy saving projects. This will create a new business direction for financial institutions and provide loans to support energy-saving investments.
Comments
Other news
21:25, 2025/01/02
Vietnam offers 50% subsidy for initial investment costs in AI and semiconductors
Support measures include training and manpower development costs, R&D expenses, fixed asset investment, high-tech product manufacturing costs, and infrastructure development expenses.
15:12, 2024/11/14
North-South high-speed railway to open up new economic opportunities
The government proposes a design speed of 350 km/h for the railway to ensure a modern, integrated, and forward-looking infrastructure appropriate to Vietnam’s geographical and economic conditions.
17:25, 2024/11/07
Prime Minister calls on China to pilot border economic cooperation zone
This economic cooperation zone is an initiative proposed by China and has been under negotiation with several countries, including Vietnam, since 2007.
17:29, 2024/07/23
State-owned corporations set to pilot offshore wind power projects
Private and foreign investors are currently not being considered for pilot projects due to unresolved legal and security issues.
06:12, 2024/07/17
AIIB ready to fund Hanoi’s urban railway projects
Hanoi expects the AIIB to assist with planning, implementation methods, and financing strategies to rapidly deploy metro projects.
15:33, 2024/07/02
S.Korea’s industrial conglomerates to expand investment activities in Vietnam
Prime Minister Pham Minh Chinh welcomed the proposals, which are consistent with Vietnam’s green growth strategy.