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Vietnam: VDB announced VND 5.27 trillion in loans to HLC Energy Joint Stock Company and Confitech East Hanoi Joint Stock Company

Description

On 19 August 2025, the Vietnam Development Bank (VDB) signed a cooperation agreement establishing a credit line of up to VND 5 trillion (USD 190 million) with Confitech East Hanoi Joint Stock Company....

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Aug 2025

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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