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.
20 years of Vietnam’s stock market Business

20 years of Vietnam’s stock market

The Ho Chi Minh City Securities Center (the forerunner of the Ho Chi Minh City Stock Exchange, or HoSE) held its first trading session in July 2000, marking the birth of Vietnam’s securities market. Two decades later, the market has affirmed its role as an effective capital mobilising channel for the economy, contributing significantly to the equitisation of State-owned enterprises (SOEs) and aimi