IFC, HDBank cooperate to support SMEs Business

IFC, HDBank cooperate to support SMEs

The International Finance Corporation (IFC) will help the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) to build a supply chain finance fund of 1 billion USD in the next three years as well as develop support industries and petroleum distribution.
IFC, HDBank in tie-up to help SMEs scale up finance, enter global supply chains Business

IFC, HDBank in tie-up to help SMEs scale up finance, enter global supply chains

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.
President meets Korea Credit Guarantee Fund leader Business

President meets Korea Credit Guarantee Fund leader

President Nguyen Xuan Phuc hosted a reception for Chairman and CEO of Korea Credit Guarantee Fund Yoon Dae-hee in Hanoi on April 14, during which the president suggested that the fund assist Vietnamese businesses to join global supply chains.
MoIT vows support for Samsung, suppliers to maintain supply chain Business

MoIT vows support for Samsung, suppliers to maintain supply chain

The Ministry of Industry and Trade (MoIT) held a teleconference with Samsung Vietnam and its suppliers on October 14, affirming that the ministry’s top priority now is assisting businesses in Vietnam to achieve the “twin targets” of ensuring safety amid the COVID-19 pandemic and maintaining production to avoid disruptions to supply chains.
Thai Binh moves to boost support industry development Business

Thai Binh moves to boost support industry development

The northern province of Thai Binh has applied measures to boost the development of its industrial sector and support industry in particular, focusing on industries supporting garment and textile and mechanical engineering, as part of efforts to become a locality with strong industrial growth in 2025.
World’s mammoth RCEP to benefit Singapore, regional nations World

World’s mammoth RCEP to benefit Singapore, regional nations

The Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade pact, will reduce tariffs and harmonise trade rules, and Singapore and regional nations stand to gain from it by being more deeply plugged into global supply chains.