Japan to issue Vietnam $10bn in yen loans for rail lines, gas plant

Vietnam is expected to use yen loans for the extension of its first subway line in Ho Chi Minh City. (Photo by Yuji Nitta)

YUJI NITTA

February 14, 2026 02:45 JST

HANOI -- Japan plans to provide over $10 billion in yen loans to Vietnam over the next five years for projects like subways and gas-fired power plants, looking to back the country's rapid growth and expand business opportunities for Japanese companies.