EIB Global to support Viet Nam’s efforts to decarbonize electricity sector

EIB Vice-President Kris Peeters and Viet Nam Electricity Chairman Duong Quang Thanh have signed a memorandum of understanding paving the way for an increased EIB contribution to sustainable electricity generation.

As part of the Vietnamese government’s target of achieving net zero emissions by 2050, EVN has been developing its own energy transition roadmap. As a result, many projects in the potential future investment pipeline such as offshore wind, pumped storage hydropower, hydropower expansion and transmission grids are eligible for EIB investment.

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 Thuy Dung

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EIB Global to support Viet Nam’s efforts to decarbonize electricity sector

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