Five criteria to evaluate VDB's perfomance

The government have promulgated Decree 46/2001/ND-CP on the financial management and performance evaluation of the Vietnam Development Bank (VDB) according to that this last’s performance is evaluated on 5 criteria as following:

Celebration ceremony for Nam Ban 3 - hydro power plant construction

The Nam Ban 3 Power Development Investment Co., Ltd. on March 28, 2021 has held ceremony to celebrate the completed construction of his project with the same name in Trung Chai commune, Nam Nhun district, Lai Chau province.

ODA on-lending for Thai Nguyen water supply system development project

Under MOF’s authorization, in accordance with the No.3251-VIE loan financed by Asian Development Bank to Vietnam water supply development program, the Vietnam Development Bank (VDB), has on-lent ODA loan to component project to develop the water supply system of Thai Nguyen city.

MOF of Vietnam and KDB agreement to support VDB

On November 27th, 2019 at the Presidential Palace of ROK, in the witness of Vietnam Prime Minister Nguyen Xuan Phuc and ROK’s President Moon Jae - in, Deputy Minister of Finance of Vietnam Vu Thi Mai and President cum General Director of Korea Development Bank (KDB) Lee Dong Gull signed a Memorandum of Understanding (MOU) between the Ministry of Finance of Vietnam and the Korea Development Bank (KDB) to enhance the operational capacity of Vietnam Development Bank (VDB).

ODA on-lending contract for 3rd phase of power transmission grid project

On November 29, 2019, in Da Nang City, the Vietnam Development Bank’s Quang Nam-Da Nang area branch and National Power Transmission Corporation has signed ODA on-lending contract for the power transmission grid project – 3rd phase .

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