On October 28th, 2025, MUFG Bank, Ltd. -Japan’s leading global financial institution - signed a Sustainability-Linked Loan (SLL) agreement with Angimex-Kitoku Co., Ltd., (Angimex-Kitoku) - one of the ten competitors participating in the Project “Transforming the Rice Value Chain for Climate Resilience and Sustainable Development in the Mekong Delta (TRVC)”, funded by the Australian Government (DFAT) and implemented by SNV Netherlands Development Organisation in collaboration with the Ministry of Agriculture and Environment and the provincial Departments of Agriculture and Environment of An Giang and Dong Thap over a five-year period from 2023 to 2027.
Angimex-Kitoku Co., Ltd. signs a Sustainability-Linked Loan (SLL) agreement with MUFG Bank
This achievement demonstrates the independently verified sustainable development results that Angimex Kitoku has attained through the TRVC Project after the Summer - Autumn 2024 and Winter - Spring 2025 seasons. These results include: increasing farmers’ average profit margin by 56.86%, promoting gender equality and social inclusion within the company and local communities, and reducing greenhouse gas emissions by up to 4,397.61 tCO₂e, all by adopting low-emission rice cultivation practices.
Through TRVC’s robust monitoring and verification system, Angimex Kitoku’s economic, social, and environmental results have been independently validated, strengthening the company’s credibility with international financial institutions.
Accessing green financing sources such as MUFG’s SLL not only provides preferential financing to enable the company to expand climate-smart rice production methods but also serves as a financial lever to promote green transformation across Vietnam’s rice value chain. This aligns with the development direction of the government’s program – the “Sustainable Development of One Million Hectares of High-Quality, Low-Emission Rice Linked to Green Growth in the Mekong Delta by 2030”, and supports Vietnam’s Net Zero emission target by 2050, as outlined at the 26th UN Climate Change Conference (COP26).
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Accessing green financing sources such as MUFG’s SLL not only provides preferential financing to enable the company to expand climate-smart rice production methods but also serves as a financial lever to promote green transformation across Vietnam’s rice value chain. This aligns with the development direction of the government’s program – the “Sustainable Development of One Million Hectares of High-Quality, Low-Emission Rice Linked to Green Growth in the Mekong Delta by 2030”, and supports Vietnam’s Net Zero emission target by 2050, as outlined at the 26th UN Climate Change Conference (COP26).
- MUFG Bank signs its first sustainability-linked loan deal in Vietnam’s agriculture sector
- MUFG Bank signs its first sustainability-linked loan with Angimex-Kitoku
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About TRVC Project:The Project “Transforming the Rice Value Chain for Climate Resilient and Sustainable Development in the Mekong Delta (TRVC)” is pioneering the use of the pay-for-results mechanism to incentivize and attract the participation of private companies in the rice value chain. It aims to scale up innovative technologies to achieve higher economic outcomes for smallholder farmers and all rice value chain actors, improve rice quality and inclusive social values, while reducing greenhouse gas emissions.
Companies in rice value chain, including rice producers and traders, millers, fertiliser and other input suppliers duly established and operating in Vietnam, have equal opportunities and are encouraged to submit applications and participate in projects for a chance to win attractive monetary and non-monetary prizes, get recognised as a pioneer for product and technology verified and certificated as GHG emission reduction by international verifier. Participants are also enhancing company branding, creating low-carbon rice brands, as well as performing GHG emission reduction according to Decree 06/2022/ND-CP dated 11/07/2022 of the Prime Minister, preparing companies to be ready for the carbon market according to Vietnam's roadmap to 2027.
For detailed information about the TRVC Project, kindly access to this website: https://trvc.vn./
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