| Project Detail |
ADB OCR loan of $20 million to finance the operation and expansion of VinFast in Viet Nam, including the production of electric vehicles, scooters, buses, electric vehicle charging stations, battery manufacturing facilities, and other electric vehicle-related activities. In addition, ADB will mobilize a parallel DFI tranche and a B loan in collaboration with Credit Suisse as Joint Mandated Lead Arranger and Bookrunner. Project Name VinFast Electric Mobility Green Loan Project Project Number 55327-001 Borrower / Company VinFast Trading and Production Joint Stock Company Country / Economy Viet Nam Location Nation-wide Type or Modality of Assistance 4203 Loan Ordinary capital resources USD 20.00 million Approved 8421 Loan Australian Climate Finance Partnership USD 20.00 million Approved 8422 Loan Clean Technology Fund USD 10.00 million Approved CF105 B-Loan Other DFIs and/or commercial lenders USD 45.00 million Approved Strategic Agendas Environmentally sustainable growth Inclusive economic growth Drivers of Change Partnerships Private sector development Sector / Subsector Transport / Road transport (non-urban) |
