Viet Nam: Hayat Women and Children Personal Hygiene Products Project

Nonsovereign Project | 55144-001

Project Details

  • Project Officer
    Kobayashi, Junnosuke
    Private Sector Operations Department
    Request for information
  • Approval Date
    5 September 2022
  • Country/Economy
    Viet Nam
  • Sector
    • Health
Project Name Hayat Women and Children Personal Hygiene Products Project
Project Number 55144-001
Borrower / Company Hayat Kimya Vietnam Company Limited
Country / Economy Viet Nam
Location Nation-wide
Type or Modality of Assistance
4208 Loan Ordinary capital resources EUR 20.00 million Approved
Strategic Agendas Inclusive economic growth
Drivers of Change Partnerships
Private sector development
Sector / Subsector

Health / Mother and child health care

Gender Equity and Mainstreaming Effective gender mainstreaming
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Office of the Director General, PSOD
Responsible ADB Officer Kobayashi, Junnosuke
Project Sponsor(s)
Description
Objectives and Scope The transaction involves (a) an A loan of up to 20,000,000; and (b) as a potential alternative to, or in combination with, the parallel loan described below, a B loan of up to $20,000,000 to Hayat Kimya Vietnam Company Limited (Hayat Kimya) for the Hayat Women and Children Personal Hygiene Products Project in Viet Nam. The proceeds of the Asian Development Bank (ADB) loan, and loans to be provided by Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG) and the OPEC Fund for International Development, will be used to finance or refinance the construction of a manufacturing facility, purchase of equipment, and other capital expenditure in Viet Nam for the production of baby diapers, wet wipes, and women's hygiene pads. The project will increase consumer choices and improve the affordability of baby diapers, wet wipes, and women's hygiene pads in Viet Nam, Thailand, and Malaysia.
Linkage to Country/Regional Strategy The project is aligned with the following impact as detailed in the Resolution on Five-Year Socio-economic Development Plan from 2016-2020 by the National Assembly of the Socialist Republic of Viet Nam: health care sustainably developed, and health care and protection of women and children promoted. The project is in line with ADB's Operational Plan for Private Sector Operations because it will support the private manufacture of hygiene products in Viet Nam. The transaction is also aligned with three operational priorities of ADB's Strategy 2030: (i) addressing remaining poverty and reducing inequalities, (ii) accelerating progress in gender equality, and (iii) fostering regional cooperation and integration.
Safeguard Categories
Environment B
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects The project is category B for environmental aspects. ADB undertook due diligence and reviewed the potential environmental impacts of the project and the measures to avoid, minimize, mitigate, and compensate for the adverse impacts in the safeguard reports and plans. The environmental measures, and the institutional capacity and commitment of Hayat Kimya to implement an environmental sustainability action plan and manage the project's environmental impacts are deemed adequate.
Involuntary Resettlement The project is category C for involuntary resettlement as no involuntary resettlement impacts are associated with this transaction. ADB undertook due diligence and reviewed the potential social impacts of the project and the measures to avoid, minimize, mitigate, and compensate for the adverse impacts in the safeguard reports and plans. The social measures, and the institutional capacity and commitment of Hayat Kimya to manage the project's social impacts are deemed adequate.
Indigenous Peoples The project is category C for indigenous peoples as no indigenous peoples impacts are associated with this transaction._ADB undertook due diligence and reviewed the potential social impacts of the project and the measures to avoid, minimize, mitigate, and compensate for the adverse impacts in the safeguard reports and plans. The social measures, and the institutional capacity and commitment of Hayat Kimya to manage the project's social impacts are deemed adequate.
Stakeholder Communication, Participation, and Consultation
Timetable for assistance design, processing and implementation
Concept Clearance 16 Aug 2022
Credit Committee Meeting 16 Aug 2022
Approval 05 Sep 2022
Last PDS Update 05 Sep 2022

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Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

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Evaluation Documents See also: Independent Evaluation

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Related Publications

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