DNP Water (IFC-39945)

  • Vietnam
Geographic location where the impacts of the investment may be experienced.
Specific Location
Bac Giang, Binh Thuan, Long An, and Tien Giang province.
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Infrastructure
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Nov 20, 2017

Disclosed by Bank Oct 16, 2017

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.
The project will include acquisition of water treatment and supply companies, and development of similar greenfield operations. These activities have recently been consolidated into a separate subsidiary, DNP Water (or “the company”) of which DNP is the majority shareholder. To support the ongoing expansion of the project, IFC is considering a convertible loan in DNP Water. Typically, the project's water treatment includes: _Water extraction via surface water (although one of the projects referenced above includes a small treatment facility reliant on groundwater extraction) and initial screening to remove debris and vegetation; _Transfer of water to settlement ponds for initial sedimentation; _Sedimentation using chemical coagulation/flocculation; _Multimedia/sand filtration; and _Disinfection using chlorine. After that, the water is discharged directly into the supply system. Thus, aside from the aspects related to chlorine use which are discussed in the sections that follow, the water treatment process itself is of limited risk.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.
The Dong Nai Plastic Company (“DNP”) was established in 1996 and has been listed in Hanoi Stock Exchange since 2006. It is one of the large local manufacturers and distributors of plastic products, including plastic pipes for the water industry in Vietnam. Currently, DNP has 5 plastic factories located in various provinces throughout Vietnam. The shareholding of DNP is diversified and there are mainly individual investors. DNP’s existing water treatment and supply operations (directly and indirectly owned) include: i) 71% ownership of the Binh Hiep water company located in the Binh Thuan province; ii) 53% ownership of the Dong Tam water plant located in the Tien Giang province; iii) 26% ownership shares in the Long An water company located in the Long An province; iv) 30% ownership of the Nhi Thanh water project Long An province; and v) 33% ownership of the Bac Giang water project located in the Bac Giang province. The proposed IFC investment in DNP Water is in the form of a convertible loan. IFC may also consider taking a nominal equity investment in the Company

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
1/ The Project Contact Information DNP Water Joint Stock Company Mr. Le Tuan Investment Director +84 91787 5387 10th Floor, HTP Building, 434 Tran Khat Chan, Hanoi, Vietnam 2/IFC Contact Information General IFC Inquiries IFC Communications 2121 Pennsylvania Avenue, NW Washington DC 20433 Telephone: 202-473-3800 Fax: 202-974-4384 3/Contact for Project Information 10th Floor, HTP Building, 434 Tran Khat Chan, Hanoi, Vietnam ACCOUNTABILITY MECHANISM OF IFC The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at You can learn more about the CAO and how to file a complaint at

How it works

How it works