The loan is provided by four of Vietnam's top banks, including Vietcombank, VietinBank, BIDV and Agribank, EVN said in a statement. The Southeast Asian country is seeking to ramp up its power generation capacity to keep up with its expanding economy, which grew 8% last year. The loan will cover around 56% of the funding needed for the 1,500-megawatt Quang Trach II power plant to be built in the central province of Quang Tri, EVN said. The plant is scheduled to be fully operational by 2030. ($1 = 26,235 dong)

Source: Tuoitre News January 17, 2026 03:18 UTC