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Public Launching Ceremony for Green Credit Trust Fund (GCTF)

The Launching Ceremony will take place from 8:30-11:30, 10 October 2007 at Nikko Hotel (84 Tran Nhan Tong, Hanoi).

Sponsored by Swiss Government, the Green Credit Trust Fund is designed to support small and medium Vietnamese enterprises to invest in high efficient technology or cleaner technology. A signing ceremony between the State Secretariat of Economic Affairs (SECO), Vietnam Cleaner Production Centre (VNCPC), Asia Commercial Bank (ACB), Technological and Comercial Joint Stock Bank (Techcombank), and Vietnam International Bank (VIB) took place on 17 July 2007.

The Fund will provide partly guarantee and reimbursement for investment in cleaner technology with proven positive environmental impact.

The Fund focuses on small and medium enterprises (with less than 5 million USD of charter capital or less than 500 employees).

Enterprises with interest should download the form in Vietnamese news and send back to our centre before 8 October 2007 or contact:

Mr. Le Xuan Thinh
Tel: 04-8684849/ext 28
Mob: 0912103672
Email: thinh.lx@vncpc.org

(Date 27/9/2007)
Previous news:

•  ADB provides loan to energy project (23/9/2007)
•  Phuc Son Cement applies advanced production equipment in Vietnam factory (19/9/2007)
•  Clean development strategy gets top priority (19/9/2007)
•  World Bank offers billions in support (19/9/2007)
•  Ha Noi launches 225,000 USD environmental fund (19/9/2007)
•  Media Release: Switzerland will fund the Green Credit Trust Fund (GCTF) with a total amount of 5 million US dollars at the initial stage. (17/7/2007)
•  Bidv to set up industry and energy fund (28/6/2007)
•  ADB refuses loan extension for delayed environment project (27/6/2007)
•  PRESS RELEASE: VNCPC to train experts and launch demonstration project in industrial maintenance with the support of Wallonia-Brussels cooperation (26/6/2007)
•  ALTERNATIVE TO CHINA - Japanese firms flock to booming Vietnam (8/5/2007)
Ha Noi University of technology UNITED NATIONS INDUSTRIAL DEVELOPMENT ORGANIZATION State Secretariat for Economic Affairs United Nations Environment Programme