IFC helps boost green credit in Vietnam Business

IFC helps boost green credit 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.
IFC partners with SeABank to lending SMEs in Vietnam Business

IFC partners with SeABank to lending SMEs in Vietnam

The International Finance Corporation (IFC) is providing a 40 million USD loan to the Southeast Asia Commercial Joint Stock Bank (SeABank) to support local businesses and help them make a resilient recovery after the COVID-19 pandemic, the member of the World Bank Group said on June 28.
Women in banking leadership: an exciting challenge Business

Women in banking leadership: an exciting challenge

Working in the financial field, particularly the banking sector, is not only challenging, but also interesting for Vietnamese women as it affects many aspects of their personal lives as they pursue higher positions.
Hanoi a bright spot in FDI attraction Business

Hanoi a bright spot in FDI attraction

Hanoi has attracted around 25 billion USD in foreign direct investment (FDI) over the last five years, with priority given to quality and sustainable development, figures show.
Foreign banks pour capital into Vietnam Business

Foreign banks pour capital into Vietnam

The International Finance Corporation (IFC), a member of the World Bank Group, announced on August 11 that it will provide a 70 million USD loan to Indo Trans Logistics Corporation (ITL Corp), with the aim of improving logistics, trade and competitiveness in Vietnam’s economy amid the COVID-19 pandemic.
IFC helps Vietnamese bank aid SMEs amid COVID-19 Business

IFC helps Vietnamese bank aid SMEs amid COVID-19

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).
AIIB approves 100-million-USD loan to VPBank Business

AIIB approves 100-million-USD loan to VPBank

The Asian Infrastructure Investment Bank (AIIB) said on July 17 that its board of directors had approved a 100-million-USD loan to the Vietnam Prosperity Joint Stock Commercial Bank (VPBank) to help sustain business activities disrupted by the COVID-19 pandemic.
IFC raises trade finance limits to support firms amid COVID-19 Business

IFC raises trade finance limits to support firms amid COVID-19

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).
IFC, ADB pledge to continue support for Vietnam Business

IFC, ADB pledge to continue support for Vietnam

The International Finance Corporation (IFC) and the Asian Development Bank (ADB) pledged to provide further support for Vietnam while meeting with Politburo member and Chairman of the Party Central Committee’s Economic Commission Nguyen Van Binh in Hanoi on November 7.