Illustrative image (Photo: HDBank) HCM City (VNS/VNA) - Proparco, the private sector financing branch of Agence Française de Developpement (AFD), has granted a 50 million USD loan to HDBank to finance green projects and promote sustainable development in Vietnam. It marks the first collaboration between Proparco and HDBank. A pioneer in green lending, HDBank has in past years helped foster Vietnam's economic development while minimising the impacts on the environment. The loan will help the bank get closer to international standards in green credit. All projects funded by HDBank satisfy green criteria such as reducing energy consumption, reducing CO2 emissions, reducing pollution, and targeting sustainable growth. Green projects promise to create more than 1,350 direct and indirect jobs. They will contribute to achieving the United Nations’ Sustainable Development Goals. Based on their common views on sustainable development, creating long-term …
VIETNAM BUSINESS NEWS SEPTEMBER 18
Digital transformation plays a vital role in agricultural development To achieve ambitions to become a modern-oriented industrialised nation by 2030 and a developed country with high income by 2045, Viet Nam must succeed in the digital transformation process, in which agriculture is one of the priority areas, Minister of Foreign Affairs Bui Thanh Son said. Minister Son gave the statement at the Vietnam Agricultural Digital Transformation International Forum 2021, themed “Keeping up with market trends, ensuring the pivotal role of the economy during and after the COVID-19 pandemic.” which was held virtually on Thursday by the Ministry of Foreign Affairs (MOFA), the Vietnam Digital Agriculture Association (VIDA), and e-newspaper VnExpress. The forum is a place for dialogue and public-private policy activities between the Government, private sector and stakeholders. It was also an activity within the framework of the Vietnam International Agricultural Exhibition 2021 (AgriTech Expo …