Global Trade Alert
Global Trade Alert

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

Announcement

19 Aug 2025

In August 2025, the Vietnam Development Bank signed a credit contract worth VND 270 billion with HLC Energy Joint Stock Company and a cooperation agreement worth VND 5 trillion with Confitech East Hanoi Joint Stock Company.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Aug 2025

Revocation date:

No revocation date

Updated: 29 Aug 2025
State loan In force
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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Updated: 29 Aug 2025
State loan In force
On 19 August 2025, the Vietnam Development Bank (VDB) signed a state investment credit contract worth VND 270 billion (USD 10.26 million) with HLC Energy Joint Stock Company to finance the HuaBe Hydro...
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