Vietnamese Deputy Finance Minister Tran Quoc Phuong, left, shakes hands with Japanese Ambassador Naoki Ito at a signing ceremony for development loans in Hanoi on March 20. (Photo by Yuji Nitta)
HANOI — Japan reached an agreement with Vietnam on Friday to provide development loans totaling about 90 billion yen ($565 million), looking to support the Southeast Asian country’s green transformation and disaster countermeasures as well as create opportunities for Japanese companies.