Vietnam: Chinese Development Finance Profile, 2000-2022

This country profile of Vietnam provides a detailed overview of the scale, scope, and composition of Chinese state-directed financing to Vietnam between 2000 and 2022. It includes granular information on key trends in China’s loan and grant-financed commitments, its lending portfolio, ESG risks in its infrastructure projects, and contractual safeguards adoption and implementation.

Between 2000 and 2022, China has directed $28.2 billion in loan and grant-financed commitments and 218 projects to the Socialist Republic of Vietnam. China’s financial footprint in Vietnam is dominated by non-concessional lending, which accounts for $23 billion in grant and loan commitments and which peaked in 2016, before Vietnam officially joined the BRI, at $5.1 billion—highlighting China’s focus on large-scale infrastructure lending to Vietnam for energy and industry projects that same year.

The insights in this profile are derived from AidData’s Global Chinese Development Finance Dataset, Version 3.0, and the sources referenced therein. Additional 2022 data collection is based on a forthcoming dataset version launching later this year.