Vietnam Profile of Chinese Development Finance, 2000-2023

This country profile provides a detailed overview of the scale, scope, and composition of Chinese state-directed financing in Vietnam from 2000 to 2023. It includes granular information on key trends in China’s loan and grant-related official commitments, its lending portfolio, ESG risks in its infrastructure projects, and contractual safeguards adoption and implementation. From 2000 to 2023, China provided 67 grant-financed commitments and directed $26.8 billion via 160 loans issued in Vietnam. China’s financial footprint there is dominated by non-concessional lending, which accounts for $23 billion in grant and loan commitments. Beijing’s financing to Hanoi peaked at $5.1 billion in 2016, before the country officially joined the BRI—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 China's Global Loans and Grants Dataset, Version 1.0 and the sources referenced therein.