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Vietnam Climate Innovation Center (VCIC) RETF

Development Objective

The project's objective is to increase green growth business innovations by supporting entrepreneurs and SMEs involved in technological solutions through the establishment and operation of the Vietnam Climate Innovation Center

Key Details

Project Details

  • P155260

  • Closed

  • Diletta Doretti , Brian Mtonya, Lien Pham

  • Socialist Republic of Vietnam

  • Viet Nam

  • August 3, 2015

  • (as of board presentation)

    October 30, 2015

  • December 15, 2015

  • US$ 5.18 million

  • Ministry of Science and Technology (MOST)

  • East Asia and Pacific

  • 2016

  • US$ 4.60 million

  • B

  • Not Applicable

  • August 31, 2020

  • BANK APPROVED

  • September 4, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
InfoDev 4.60
Borrowing Agency 0.38

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument
Grant Amount 4.60
Total Project Cost** 5.18

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

Download:
No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Overall Satisfactory 2020-04-07
Progress towards achievement of PDO Moderately Satisfactory 2020-04-07
Overall Implementation Progress (IP) Moderately Satisfactory 2020-04-07

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 05-27-2021
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of businesses that raised early stage financeValue0.0035.0034.00
    DateJanuary 31, 2017June 30, 2020August 31, 2020
    Comment
  • Number of businesses who registered their prototype with Intellectual Property (IP) officeValue0.0012.0015.00
    DateNovember 2, 2015June 30, 2020August 31, 2020
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of participants in workshops, training events, seminars, conferences, etc.Value0.001750.002604.00
    DateNovember 2, 2015June 30, 2020August 31, 2020
    Comment
  • Number of businesses/entrepreneurs having access to technical facilitiesValue0.0030.00115.00
    DateNovember 2, 2015June 30, 2020August 31, 2020
    Comment
  • Number of partnerships with non-financial services providersValue0.0025.0043.00
    DateNovember 2, 2015June 30, 2020August 31, 2020
    Comment
  • Number of households with access to new/improved products/servicesValue0.00180000.00184342.00
    DateNovember 2, 2015June 30, 2020August 31, 2020
    Comment
  • CO2 emissions avoided (metric tons)Value0.0045000.0044216.00
    DateNovember 2, 2015June 30, 2020August 31, 2020
    Comment
  • Number of businesses who registered their prototype with Intellectual Property (IP) officeValue0.0012.0015.00
    DateNovember 2, 2015June 30, 2020August 31, 2020
    Comment
  • Number of businesses who raised early stage financeValue0.0035.0034.00
    DateNovember 2, 2015June 30, 2020August 31, 2020
    Comment
  • Amount of early stage finance raised by businessesValue0.001600000.001717400.00
    DateNovember 2, 2015June 30, 2020August 31, 2020
    Comment
  • Number of new direct jobs createdValue0.00850.001141.00
    DateNovember 2, 2015June 30, 2020August 31, 2020
    Comment
  • Number of Public Private Dialogue (PPD) sessionsValue0.008.004.00
    DateNovember 2, 2015June 30, 2020August 31, 2020
    Comment
  • Number of workshops, training events, seminars, conferences, etc.Value0.0032.0042.00
    DateNovember 2, 2015June 30, 2020August 31, 2020
    Comment
  • Amount of funding (grants) received by businesses (USD)Value0.001650000.001631122.00
    DateNovember 2, 2015June 30, 2020August 31, 2020
    Comment
  • Number of knowledge products developedValue0.0020.0068.00
    DateNovember 2, 2015June 30, 2020August 31, 2020
    Comment