The new Vietnam Country Climate and Development Report (CCDR) from the World Bank Group contains an action plan for the country’s high-income, low-carbon future.
The International Finance Corporation and Vietnamese partners have signed two MoUs on accelerating innovation and financing the transition towards a green, sustainable and low-carbon economy.
At a meeting on April 12, Minister of Natural Resources and Environment Tran Hong Ha and Mr. Alfonso Garcia Mora, Vice President of the International Finance Corporation (IFC) in charge of Asia-Pacific, agreed to expand cooperation in environmental protection and climate change response. The IFC is to provide long-term capital for enterprises’ green projects.
Vietnam’s T&T Group, the YCH Group from Singapore, and the International Finance Corporation (IFC) signed a development cooperation agreement on February 16 to attract capital funding for the Vinh Phuc ICD Logistics Center - the first “superport” of the smart logistics network in the ASEAN region - towards the goal of taking Vietnam’s logistics industry to the world. The IFC will focus on helping the Center access international capital.