MoU to facilitate financing of US exports to Vietnam signed

The signatories were the Export-Import Bank of the United States (EXIM) President and Chair Reta Jo Lewis and the Vietnam Development Bank (VDB) Chairman Le Van Hoan.

The MOU will encourage collaboration between EXIM and VDB and will support US export financing to advance green economy transition, infrastructure development projects and climate related projects. The ceremony was hosted by VDB at their Hanoi Headquarters.

“The MOU we signed demonstrates our shared commitment to strengthening the US-Vietnam commercial relationship and dedication to creating opportunities that strengthen the economies of both our nations,” said Chair Lewis.

“We are excited to collaboratively seek financing opportunities to advance mutually beneficial projects and support US exporters looking to do business in Vietnam”, he stressed.  

"Guided by the Joint Leaders’ Statement on elevating United States-Vietnam relations to a Comprehensive Strategic Partnership, our two organizations will contribute to enhance economic exchanges between the two countries.” said Chairman Le Van Hoan.

 “I believe that the signing of MOU today will strengthen our cooperative relationship, laying the foundation for potential collaboration opportunities. This will contribute to aiding both organizations in successfully accomplishing the tasks entrusted by our respective governments", Hoan added.

EXIM will work closely with the Vietnam Development Bank to identify infrastructure, renewable, and other projects to help spur the green transition in Vietnam, Hoan said, noting that the signing of MOU demonstrates the US commitment to assisting Vietnam with financing solutions for the green energy transition to fulfill its ambitious climate goals.