2026.04.20
On December 19, 2025, the Japan International Cooperation Agency (JICA) signed a loan agreement with the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) in Ha Noi of the Socialist Republic of Vietnam, for the Rural Micro, Small, and Medium-sized Enterprise Support Program under the Private Sector Investment Finance scheme.
The loan is one component of a syndicated financing arrangement, which also includes a USD 120 million facility from the Asian Development Bank (ADB) and a USD 80 million facility from the commercial lenders.
Scene from the ceremony
The project outline is explained below.
- Borrower
Joint Stock Commercial Bank for Investment and Development of Vietnam
- Country (Target Areas)
Socialist Republic of Viet Nam
- Loan Amount
50 million USD
- Project Title
Rural Micro, Small, and Medium-sized Enterprise Support Program
- Project Purpose
This project aims to support sustainable economic growth in Vietnam by providing long-term financing to BIDV to expand lending to micro, small, and medium-sized enterprises (MSMEs). It also seeks to enhance financial access for MSMEs in rural areas, where funding constraints remain a significant challenge.
- Project Component
The JICA loan component, totaling $50 million USD, will be allocated through BIDV, with $30 million USD dedicated to MSMEs in rural areas, and $20 million USD allocated for lending to MSMEs.
- Contribution to SDGs
Goal 1（No poverty）
Goal 2（Zero hunger）
Goal 17（Partnerships for the goals）
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