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Vietnam to roll out 8.4 billion USD preferential loan scheme
The programme will be funded by state-owned commercial banks, which have pledged to provide concessional loans to help SMEs gain better access to capital to expand production and business activities, and support economic growth.
Economy
ADB approves 180 million USD loan to support Indonesia’s geothermal projects
According to ADB’s press release, the financing will be used to complete the construction and operational testing of two geothermal power units on Java Island, each with a capacity of 55 megawatts.
VN plans green loan boost for eco-friendly projects
A fixed 2 per cent annual interest rate subsidy is proposed for the private enterprises, business households and individuals on loans for green, circular economy and environmental – social – governance (ESG) projects, accroding a a draft decree by the State Bank of Việt Nam.
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