The Asian Development Bank (ADB) mobilised a US$135 million climate financing package for VinFast Trading and Production JSC (VinFast) for manufacturing Viet Nam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.
“Much-needed syndicated funding from IFC and participating banks will help grow VIB’s SMEs and affordable mortgage portfolios, positioning the bank to become one of the leaders in these segments,” Han Ngoc Vu, VIB chief executive officer, said.
