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).
Top Vietnamese, Cambodian leaders hold phone talks Politics

Top Vietnamese, Cambodian leaders hold phone talks

Party General Secretary and State President Nguyen Phu Trong and President of the Cambodian People’s Party (CPP) and Prime Minister Hun Sen discussed issues regarding the relations between the two nations during their phone talks on July 9.
Vigilance against COVID-19 still needed: meeting Health

Vigilance against COVID-19 still needed: meeting

Vietnam has contained well the COVID-19 pandemic but yet to win over it, Deputy Prime Minister Vu Duc Dam, head of the National Steering Committee for COVID-19 Prevention and Control, said at a meeting of the committee in Hanoi on May 21.
Vietnam’s two-month cashew exports to US up Business

Vietnam’s two-month cashew exports to US up

Vietnam’s cashew exports to the US in the first two months of the year rose by 21 percent in volume to 17,900 tonnes and 3.6 percent in value to 126.2 million USD year-on-year, according to the General Department of Customs.
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).