Vietnam on July 28 2020, signed an agreement with the Japan International Cooperation Agency (JICA) to borrow 36.63 billion yen ($348.2 million) to build six patrol vessels, state media reported
The patrol boats, planned to be delivered to the Coast Guard by October 2025, will be designed to strengthen law enforcement and maritime rescue operations and ensure security, maritime safety and freedom of navigation in Vietnam, JICA said in a statement.
Vietnam; Japan to loan $348M for 6 coast guard vessels