Vietnam, Nov. 17 -- The Japan Bank for International Cooperation (JBIC) signed on November 14 a Memorandum of Understanding (MOU) with the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), a major state-owned bank in Vietnam. The objective of the MOU is to support decarbonization in the country. The government of Vietnam announced its goal of achieving carbon neutrality and becoming a high-income country by 2050. By revising the Power Development Plan 8 in April 2025, the government expressed its intention to significantly increase the share of renewable energy in its power generation mix and to expand investment in power transmission lines, as a policy to achieve both economic growth and decarbonization. In acco...