Backed by a 5 million Swiss Francs (5.6 million USD) grant from the State Secretariat for Economic Affairs (SECO), the initiative will run until 2029, helping over 500,000 SMEs access up to 35 billion USD in financing.
Despite starting later than other countries in the region, Vietnam has made considerable progress, with a sharp increase of green projects over the past few years.
A workshop themed US-Vietnam Getting to Net-Zero: Roadmap to Sustainable Industrial Development was held in Ho Chi Minh City on January 14 by the US Commercial Service in the city, in partnership with the International Financial Centre (IFC) and Saigon Tel.
National flag carrier Vietnam Airlines has signed a cooperation agreement with France's Safran Seats Group on the supply of aircraft spare parts, rearrangement of aircraft seat configurations and installation of an in-flight internet connection system.
Standing Vice Chairman of the Da Nang city People's Committee Ho Ky Minh on March 6 called on TheCityUK, the industry-led body representing UK-based financial and related professional services, to coordinate with the Vietnamese central locality in building an international financial centre (IFC) there as soon as possible.
Prime Minister Pham Minh Chinh received World Bank (WB) Regional Vice President for East Asia and Pacific Manuela V. Ferro, International Finance Corporation (IFC) Regional Vice President for Asia and the Pacific Riccardo Puliti, and IFC Vice President and Treasurer John Gandolfo in Hanoi on November 14.
The International Finance Corporation (IFC) estimates that Vietnam's climate investment opportunities will reach up to 757 billion USD by 2030, focusing on renewable energy, green construction, energy efficiency and transportation, said IFC's Regional Director for the Asia-Pacific Financial Institutions Group Allen Forlemu.
The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has teamed up with the International Finance Corporation (IFC) to increase access to finance for small and medium enterprises (SMEs) in Vietnam.
While women make up 60% of the entry level workforce in Vietnam’s banks, less than a third make it to senior and top management positions, according to a new study by IFC in partnership with the State Bank of Vietnam (SBV).
The International Finance Corporation (IFC), a member of the World Bank Group, has proposed a total investment of 320 million USD in three Vietnamese banks, reported the Nikkei Asia.
The International Finance Corporation (IFC) and the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) signed a memorandum of understanding on May 11 to become strategic partners for helping small and medium enterprises scale up finance and participate in global supply chains, including high-tech agricultural chains.
Vietnam’s T&T Group and Singapore’s YCH Group have inked a deal with the International Finance Corporation (IFC) on project development to attract capital funding for their inland container depot (ICD) logistics centre in northern Vinh Phuc province.
After four months, the International Finance Corporation (IFC) and international lenders increased the loan package granted to Southeast Asia Commercial Joint Stock Bank (SeABank), from 150 million USD to 220 million USD in order to maintain the cooperation with SeABank in re-financing SMEs, women-owned businesses and the climate.
The Ministry of Agriculture and Rural Development (MARD) and the International Finance Corporation (IFC) on December 9 signed a memorandum of understanding on technical support for the prevention and control of African swine fever (ASF) in Vietnam.
The International Finance Corporation (IFC) has provided a 100 million USD long-term loan for the Orient Commercial Joint Stock Bank (OCB) to increase the private sector’s contributions to green and sustainable growth in Vietnam.
The International Finance Corporation (IFC) – a member of the World Bank Group – has signed an agreement to provide another 40 million USD for the Orient Commercial Bank (OCB) to help it with the support of COVID-hit clients, especially small and medium enterprises (SMEs).
The International Finance Corporation (IFC) – a member of the World Bank Group – will provide another 40 million USD for the Orient Commercial Bank (OCB) to help with the support of COVID-hit clients, especially small and medium enterprises (SMEs).
The IFC, a member of the World Bank Group, has signed a memorandum of understanding with the Plant Protection Department under the Ministry of Agriculture and Rural Development to support efforts to expand export markets for Vietnam's high quality fruits.
The International Finance Corporation (IFC) announced it has increased trade finance limits for Vietnamese banks to improve their capacity to cover payment risks in granting trade financing to local companies affected by the outbreak of the novel coronavirus (COVID-19).