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.
Malaysia widens fiscal deficit target World

Malaysia widens fiscal deficit target

Malaysia expects its fiscal deficit to widen to 4 percent of gross domestic product (GDP) this year because of the 58 billion USD stimulus measures announced to counter the impact of the coronavirus pandemic on the economy.
Reforms should ease credit access Business

Reforms should ease credit access

More efforts should be made to boost administrative reform in the banking system to further facilitate access to credit for micro, small and medium enterprises.
APEC ministers vow to foster SME development World

APEC ministers vow to foster SME development

The 24th APEC Small and Medium Enterprises Ministerial Meeting (SMEMM), which took place in Ho Chi Minh City on September 15, has issued a Joint Statement on fostering SMEs development in the region.
Getting credit still tough for SMEs Business

Getting credit still tough for SMEs

Lack of capital and access to credit remain the most serious obstacles to the success of Vietnam’s small and medium enterprises (SMEs), a report by the Central Institute for Economic Management (CIEM)