BIDV Supporting Sustainable Agriculture and Expanding Access to Finance for Women-Owned Small and Medium-Sized Enterprises Lending Project (ADB-57338-001)

Countries
  • Vietnam
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
C
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."
Voting Date
Jun 10, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Joint Stock Commercial Bank for Investment and Development of Viet Nam
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Finance
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 100.00 million
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.
Project Cost (USD)
$ 120.50 million
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.
Bank Documents
Other Related Projects
Primary Source

Original disclosure @ ADB website

Updated in EWS Mar 19, 2026

Disclosed by Bank Jun 10, 2025

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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.

According to the Bank’s website, the project consists of a senior unsecured loan to BIDV for $100m of ADB OCR proceeds - 80% ($80m) will support green agriculture; and 20% ($20m) to expand access to finance for women-owned SMEs (WSMEs); up to $20m of concessional loan from CANPA for green agriculture, and $100m of parallel loans from commercial lenders to be arranged by ADB for onlending to WSMEs and SMEs in rural areas.

Viet Nams agriculture sector is highly susceptible to natural hazards such as flash floods, landslides, drought, water scarcity, and desertification. The project aims to mitigate these risks by promoting sustainable farming practices.

Domestic banks, including BIDV, lack the expertise and capacity to finance sustainable agriculture projects. The project will help facilitate long-term finance for sustainable agriculture, enabling BIDV to support agricultural producers and energy-efficient models. SMEs and WSMEs are crucial to Viet Nams economy, but face significant challenges in accessing finance with an estimated gap of $23.6 billion. The project will address the financing gap and support BIDV in developing sustainable finance products tailored to WSMEs, enhancing women's inclusivity, and increasing financing for these enterprises.

The project aims to enhance financial access for SMEs and WSMEs by mobilizing up to $150 million through a parallel loan arrangement, with ADB acting as the lead arranger and bookrunner. JICA and regional commercial banks will contribute funding, supporting loans to SMEs, including those in rural areas, while showcasing ADBs role in mobilizing private and public resources for sustainable development.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

Environment: FI
Involuntary Resettlement: FI-C
Indigenous Peoples: FI-C

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

A senior unsecured loan to BIDV for $100m of ADB's Ordinary capital resources.

BIDV will use up to 80% ($80million) of the proceeds of ADB’s loan for sustainable agriculture, which will enable the bank to extend its support to agricultural producers, fostering a transitionto more sustainable and energy-efficient agricultural practices. At least 20% ($20 million) of theADB loan will be used to expand access to finance for WSMEs.

Financial Intermediary
A financial intermediary is a bank or financial institution that receives funds from a development bank. A financial intermediary then lends these funds to their clients (private actors) in the form of loans, bonds, guarantees and equity shares. Financial intermediaries include insurance, pension and equity funds. The direct financial relationship is between the development bank and the financial intermediary.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

Joint Stock Commercial Bank for Investment and Development of Vietnam provides various banking products and services for individuals, corporate customers, and financial institutions in Vietnam. It accepts various deposits products, such as bonds, current accounts, demand and fixed deposit accounts, promissory note/certificate of short term deposits, investment deposits, escrow accounts, long and short term valuable papers, securities trading deposits, demand deposits, and time deposits.


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.

No contacts available at the time of disclosure.

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.adb.org/forms/request-information-form

ADB has a two-stage appeals process for requesters who believe that ADB has denied their request for information in violation of its Access to Information Policy. You can learn more about filing an appeal at: https://www.adb.org/site/disclosure/appeals

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main.

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How it works