HANOI — Vietnam is planning a 500 trillion dong (around $20 billion) loan package involving 21 banks to finance infrastructure and technology projects aimed at boosting economic growth — a financing move that is historically atypical for the country.
The Southeast Asian nation is targeting economic growth of around 8% this year, up from 7.1% in 2024, the highest in two years, despite potential damage from the trade war triggered by the U.S., its biggest export market.