Japan Releases Development Funds for Vietnam

Japan has approved a 119.97 billion yen (USD1.33 billion) loan to

of Vietnam's business, power and transportation sectors. The funding aims to help the Southeast Asian country's small and medium-sized businesses as well as finance the construction of a national highway and thermal power plant.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.