Vietnam Captures Wave of Multilateral Green Funding
Vietnam is securing a fresh wave of green funding from multilateral actors. In May 2021, the Asian Development Bank signed a USD 116 million loan for three wind farms to be built in the central province of Quang Tri, with a total of 144 MW. The goal is to increase the...
Australia Increases its Funding Support to Vietnam’s Innovation and Artificial Intelligence Ecosystem
Australia’s Department of Foreign Affairs and Trade has agreed to increase funding for the Aus4Innovation (A4I) in Vietnam by USD 2.7 million, raising the total to USD 10.4 million for the period of 2017-2022. A4I is a collaboration between Australia’s...
Ho Chi Minh City to Invest USD 350 million in Anti-Flooding and Environmental Sanitation Projects
In May 2021, it was announced that Ho Chi Minh City (HCMC) will invest close to USD 350 million for the construction of 11 anti-flooding and environmental sanitation projects between 2021 and 2025. It has been reported that many flood control projects in the...