Date

31 January 2018

Further information

External link

(Vietnam Net, Hanoi, 18 January 2018) Vietnam is expected to receive loans in the billions of US dollars from some G20 nations for its many coal-fired power projects, helping the capital-thirsty country further ensure its growing demand for power. The US-based Natural Resources Defense Council (NRDC), an international non-profit environmental organisation with over three million members, two weeks ago released a report stating that Vietnam will be the second-biggest borrower from G20 nations for its coal-fired power development. G20’s five largest coal financiers include China, Japan, Germany, Russia, and South Korea.