Information from the World Bank (WB) on April 17 said that the Executive Board approved a $102 million loan to the Vietnamese government.
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Funds from this project will be distributed to participating financial institutions and then disbursed to industrial companies for investment in energy efficiency projects.
With the support of this project, financial institutions and industrial companies will be able to prepare and evaluate energy saving projects. This will create a new business direction for financial institutions and provide loans to support energy-saving investments.
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