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).
NA Chairwoman hails WB’s support for Vietnam Politics

NA Chairwoman hails WB’s support for Vietnam

National Assembly Chairwoman Nguyen Thi Kim Ngan has hailed the World Bank and its Country Director in Vietnam Ousmane Dione for their contributions to Vietnam’s development in various areas, especially in institution and infrastructure development.
WB, Australia to support Vietnam in mitigating COVID-19 impacts Business

WB, Australia to support Vietnam in mitigating COVID-19 impacts

The World Bank (WB) Group and the Australian Government have agreed to extend their strategic partnership in Vietnam with a commitment of a further 5 million AUD to support Vietnam’s economic recovery and protect the most vulnerable from the negative impacts of the COVID-19 pandemic.
IFC supports exports of high quality fruits Business

IFC supports exports of high quality fruits

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.
Firms benefit from programme on efficient use of resources Business

Firms benefit from programme on efficient use of resources

The Vietnam Improvement Program has helped 82 garment-textile and footwear factories in Vietnam invest 37 million USD in efficient use of resources, thus saving 30 million USD per year, according to the International Finance Corporation (IFC).
BIM Land to get 87.5 million USD loan from IFC Business

BIM Land to get 87.5 million USD loan from IFC

The BIM Land Joint Stock Company, a property developer under the BIM Group, has reached a deal with the International Finance Corporation (IFC), a member of the World Bank Group, for an 87.5 million USD loan to develop tourism infrastructure in Vietnam and Laos.
IFC helps HCM City in smart urban building Society

IFC helps HCM City in smart urban building

Ho Chi Minh City hopes that the International Finance Corporation (IFC) will continue to help the city deal with challenges in urban transport, infrastructure construction and waste treatment, thus ensuring sustainable development, a local official said on August 12.
IFC credit package boosts lending to Vietnamese SMEs Business

IFC credit package boosts lending to Vietnamese SMEs

The International Finance Corporation (IFC) – a sister organisation of the World Bank and member of the World Bank Group - and the Orient Commercial Bank (OCB) on March 27 signed a cooperation deal on a 100 million USD credit package and a consultancy programme to promote supply chain financing.
Conference discusses development of eco-industrial parks Business

Conference discusses development of eco-industrial parks

The Ministry of Investment and Planning and the International Financial Corporation (IFC), a member of the World Bank Group, co-organised a conference in Hanoi on December 21 to publish a report on technical guides for eco-industrial parks.