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Private sector key to Việt Nams green transition: IFCs insight

Private sector key to Việt Nam's green transition: IFC’s insight

Việt Nam News speaks with Thomas Jacobs, International Finance Corporation (IFC) country manager for Việt Nam, Cambodia, and Laos, about the private sector''s role in Việt Nam''s green transition.
IFC and Welcome Financial Group collaborate to tackle non-performing loans in Việt Nam

IFC and Welcome Financial Group collaborate to tackle non-performing loans in Việt Nam

The platform aims to offload up to $1.2 billion in NPLs, enabling up to 400,000 debtors to regain formal credit access.
First-ever digital transformation review toolkit for manufacturing, supporting launched

First-ever digital transformation review toolkit for manufacturing, supporting launched

Amid the slow adoption of digital transformation by small and medium enterprises constrained by investment costs and knowledge gaps, this practical toolkit will allow enterprises to effectively implement digital solutions based on their capabilities and resources
PM calls on WB, IFC to support Việt Nams large-scale infrastructure projects

PM calls on WB, IFC to support Việt Nam’s large-scale infrastructure projects

The PM affirmed that the Vietnamese Government considers the WB and IFC crucial development partners, which have supported and contributed to the nation’s socio-economic development through policy advice and financial assistance for ODA projects, preferential loans and loans for the...
IFC invests 150 million in Việt Nams first local currency sustainability bonds to drive green growth

IFC invests $150 million in Việt Nam's first local currency sustainability bonds to drive green growth

IFC''s investment is divided into two parts, including more than VNĐ2.3 trillion ($100 million) for BIM Land and nearly VNĐ1.2 trillion ($50 million) for Thanh Xuân Joint Stock Company, both of which are under the BIM Group umbrella.
IFC prioritises job creation and trade flow in Việt Nam in a record year for Asia-Pacific region

IFC prioritises job creation and trade flow in Việt Nam in a record year for Asia-Pacific region

Việt Nam led the way as one of the top five beneficiaries of the International Finance Corporation''s (IFC) long-term investments in the Asia-Pacific region for the fiscal year ending June 30, 2023, amid a back of numerous challenges and crises...
IFC signs deals to boost agribusiness value chain in Viet Nam

IFC signs deals to boost agribusiness value chain in Viet Nam

IFC on Friday signed two new investments in Viet Nam’s retail and agribusiness sectors, striving to strengthen the agribusiness value chain and ensure food security while creating more job opportunities.
VIB inks a new loan agreement with IFC, bringing total credit limit to 450 million

VIB inks a new loan agreement with IFC, bringing total credit limit to $450 million

As per the agreement, VIB will increase its lending to retail customers, who want to purchase or renovate their homes.
HDBank, IFC tie up to expand supply chain financing activities

HDBank, IFC tie up to expand supply chain financing activities

HDBank and the International Finance Corporation have signed an agreement under which the latter will provide consultancy for the lender to expand its supply chain financing, which will serve as a basis for upgrading and expanding its value chain financing...
IFC expert expects SHB to double credit to women-led businesses

IFC expert expects SHB to double credit to women-led businesses

At SHB, women-led businesses are valued as a strategic segment, which comes with specialised solutions and policies in meeting their credit and service needs.
IFC partners with SHB to boost lending for Viet Nams smaller businesses

IFC partners with SHB to boost lending for Viet Nam’s smaller businesses

The Sai Gon-Ha Noi Commercial Joint Stock Bank (SHB) has teamed up with the International Finance Corporation (IFC) to increase access to finance for small and medium enterprises (SMEs) in Viet Nam.
Viet Nams banks need more women leaders to promote inclusive and high-productivity growth

Viet Nam’s banks need more women leaders to promote inclusive and high-productivity growth

While women make up 60 per cent of the entry level workforce in Viet Nam’s banks, less than a third make it to senior and top management positions.
IFC invests 39m in BaF to support Viet Nams modern livestock farming development

IFC invests $39m in BaF to support Viet Nam's modern livestock farming development

BaF Vietnam Agriculture JSC and the International Finance Corporation (IFC) on Thursday announced the strategic partnership and signed the investment agreement worth total US$39 million to support BaF’s development in modern livestock farming.
IFC invests another 100m in SeABank to boost access to housing loans

IFC invests another $100m in SeABank to boost access to housing loans

IFC has invested US$100 million in Southeast Asia Commercial Joint-Stock Bank (SeABank) which aims to boost access to housing loans.
IFC plans to pour US320 million into three Vietnamese banks

IFC plans to pour US$320 million into three Vietnamese banks

The banks are the Saigon-Hanoi Commercial Joint Stock Bank (SHB), Vietnam International Commercial Joint Stock Bank (VIB), and Oriental Commercial Joint Stock Bank (OCB).