Vietnam Pulls Request for U.S. Help to Build a Coal-Fired Power Plant

HONG KONG — A Vietnamese company is no longer seeking American financial support to build a coal-fired power plant in Vietnam, bringing to an abrupt end a closely watched test of whether Washington would back international projects that could potentially contribute to climate change.

On Thursday, the Export-Import Bank of the United States, a lender run by the American government, said the Vietnamese state-controlled company, PetroVietnam, had withdrawn its application for financial support.

The lender, also known as the Ex-Im Bank, takes on the financial risk for American companies exporting high-value equipment and merchandise as a way to help companies in the United States win valuable international business.

In this case, a green light would have allowed PetroVietnam to purchase millions of dollars’ worth of turbines and other equipment from General Electric, the American manufacturer.

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