ADB, BIDV support Việt Nam’s green agriculture with $250 million financing package
ADB, BIDV support Việt Nam’s green agriculture with $250 million financing package
The package will provide sub-loans to agribusinesses engaged in sustainable agricultural production, climate adaptation, and resource efficiency.
he ADB-BIDV package will provide sub-loans to agribusinesses engaged in sustainable agricultural production, climate adaptation, and resource efficiency. VNA Illustrative photo |
The Asian Development Bank (ADB) and the Joint Stock Commercial Bank for Investment and Development of Việt Nam (BIDV) have signed a US$250 million syndicated financing package to promote sustainable agriculture in Việt Nam and support women-owned small- and medium-sized enterprises (WSMEs).
According to ADB, to realise its goal of becoming one of the world’s top 15 agricultural exporters by 2030, Việt Nam will need substantial capital, estimated at nearly $100 billion. The newly signed $250 million loan package represents part of the solution to this challenge.
The financing package is a joint effort by multiple international institutions, with ADB acting as the lead arranger. It comprises $100 million from ADB’s ordinary capital resources; $20 million from the Canadian Climate and Nature Fund for the Private Sector in Asia (CANPA); a $50 million syndicated parallel loan from Japan International Cooperation Agency; and an $80 million syndicated commercial parallel loan from several other banks.
The package will provide sub-loans to agribusinesses engaged in sustainable agricultural production, climate adaptation, and resource efficiency. It will also help BIDV develop new financial products that promote green and inclusive lending, enhance credit assessment for agriculture, and expand access to finance for WSMEs in rural areas.
The financing is accompanied by technical assistance that will strengthen BIDV’s capacity in environmental and risk management. It will enhance the skills of BIDV staff and clients to identify and capitalise on sustainable agriculture investment opportunities, and raise awareness of sustainable agriculture finance.
“This transaction represents an important milestone in ADB’s partnership with BIDV and in promoting climate-smart, inclusive growth in Việt Nam’s agriculture sector,” said ADB Country Director for Việt Nam Shantanu Chakraborty. “By blending commercial and concessional capital and providing technical assistance, this project will help strengthen BIDV’s capacity to serve farmers and agribusinesses, especially women entrepreneurs, while supporting Việt Nam’s transition toward a green and resilient economy.”
BIDV Executive Vice President Phạm Vũ Thiên Nga said BIDV would strengthen its support for customers in developing sustainable agricultural models and expand access to finance for women and business owners in rural areas, thereby contributing to the Vietnamese economy’s inclusive and resilient economic growth.
- 06:42 20/12/2025
