2026.03.31
On March 30, the Japan International Cooperation Agency (JICA) signed a loan agreement with the Government of the Socialist Republic of Viet Nam in the capital city Hanoi, to provide Japanese ODA loan for the Program for Green Transformation toward Green Growth and Climate Resilience. The signatures were exchanged between Vice Minister Tran Quoc Phuong of Ministry of Finance of the Socialist Republic of Viet Nam and Chief Representative Kobayashi Yosuke of JICA Viet Nam Office.
Vice Minister Tran Quoc Phuong
Chief Representative Kobayashi Yosuke
The objective of the Program is to support the Government of Viet Nam to promote green growth and green transformation and to strengthen climate resilience of Viet Nam through policy dialogue and financial support, thereby contributing to promoting the economic stabilization and development efforts of the Social Republic of Viet Nam.
The project outline is explained below.
Terms and Amount of Loan
- Country
(Target Areas)
Socialist Republic of Viet Nam (Nationwide)
- Project Objective
The objective of the Program is to support the Government of Viet Nam to promote green growth and green transformation and to strengthen climate resilience of Viet Nam through policy dialogue and financial support, thereby contributing to promoting the economic stabilization and development efforts of the Social Republic of Viet Nam.
- Project Component
This project, based on Viet Nam’s NDCs (Nationally Determined Contributions) and policy documents such as the “National Green Growth Strategy for 2021–2030 and Vision to 2050 (2021),” involves the formulation of a Policy Matrix by the Government of Viet Nam and JICA, focusing on three pillars:
(1) Development of institutional frameworks for fiscal and investment incentives to promote GX and green growth
(2) Policy formulation for NDC implementation
(3) Promotion of climate change adaptation measures
Through financial support, the project aims to facilitate improvements in policies related to advancing climate change measures.
- Maximum Loan Amount
50,000 million Japanese Yen
- Annual
Interest Rate
1.5%
- Repayment Period
15 Years
- Grace Period
5 Years
- Procurement
General untied
- Executing Agency
Ministry of Finance of the Socialist Republic of Viet Nam
- Contribution to SDGs
Goal 7 (Affordable and Clean Energy)
Goal 9 (Industry, Innovation and Infrastructure)
Goal 11 (Sustainable Cities and Communities)
Goal 13 (Climate Action)
Goal 15 (Life on Land)
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Planned Implementation Schedule
Completion of the Project: December 2026, when the loan is disbursed.
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