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International Finance Corporation names new Mekong region manager

International Finance Corporation names new Mekong region manager

The International Finance Corporation has appointed Thomas Jacobs as its new country manager for the Mekong region, covering Vietnam, Cambodia and Laos.
Strengthening the private sector can get Vietnam back in the fast lane

Strengthening the private sector can get Vietnam back in the fast lane

Vietnam has distinguished itself in the ranks of emerging market development, surging to middle-income status in just one generation, and cutting its poverty rate from 50 percent in 1990 to 2 percent in 2018.
September 21, 2021 | 04:41 pm PT
IFC funds two wind power projects in Vietnam

IFC funds two wind power projects in Vietnam

The International Finance Corporation is set to provide a financing package of $57 million for two wind power projects in central Vietnam.
May 26, 2021 | 07:20 pm PT
Vietnam to begin work on international financial center in earnest

Vietnam to begin work on international financial center in earnest

After years of delay, Vietnam will begin implementing this year a plan to establish an international financial center in the country.
January 10, 2021 | 12:30 am PT
IFC provides $213 mln green loan to VPBank

IFC provides $213 mln green loan to VPBank

International Finance Corporation (IFC) will offer private VPBank a financing package of $212.5 million to assist small- and medium-enterprises as well as green projects.
January 16, 2020 | 12:00 am PT
IFC unloads VietinBank stake

IFC unloads VietinBank stake

World Bank’s International Finance Corp (IFC) has shed a 1.5 percent share in VietinBank following an earlier divestment.
January 14, 2020 | 12:29 am PT
IFC offloads 1.5 pct stake in VietinBank

IFC offloads 1.5 pct stake in VietinBank

The International Finance Corporation (IFC) has sold nearly 57.4 million shares of VietinBank, a 1.54 percent stake.
November 20, 2019 | 04:16 am PT
Vietnam makes progress in sustainable finance reforms: report

Vietnam makes progress in sustainable finance reforms: report

Vietnam is among 38 emerging market economies to have initiated banking reforms towards promoting sustainable development and fighting climate change, a report says.
October 11, 2019 | 07:31 pm PT
IFC offers loan for Vietnam tourism infrastructure

IFC offers loan for Vietnam tourism infrastructure

The International Finance Corporation will lend $87.5 million to Vietnamese property developer BIM Land for tourism infrastructure development in Vietnam and Laos.
September 17, 2019 | 06:15 pm PT
IFC routes $100 million to Vietnamese SMEs through local bank

IFC routes $100 million to Vietnamese SMEs through local bank

The International Finance Corporation (IFC) will lend $100 million to Orient Commercial Joint Stock Bank (OCB) towards extending credit to SMEs.
March 27, 2019 | 06:40 pm PT
International bonds set to launch in Vietnamese currency

International bonds set to launch in Vietnamese currency

The bonds will give foreign investors easier access to dong investments.
April 13, 2018 | 04:26 pm PT
Happier workers, higher profits, new study of Vietnam garment sector finds

Happier workers, higher profits, new study of Vietnam garment sector finds

Employers who believe they should squeeze their workers to improve the bottom line may need to think again.
September 28, 2016 | 11:09 pm PT
World Bank's financing arm bankrolls Vietnamese bank to support SMEs

World Bank's financing arm bankrolls Vietnamese bank to support SMEs

The $125 million loan is the largest a foreign organization has granted a local commercial bank this year.
August 18, 2016 | 09:19 pm PT
Foreign investors lay eyes on Vietnam’s renewable energy sector

Foreign investors lay eyes on Vietnam’s renewable energy sector

Vietnam has opened up to foreign investors in a bid to meet the rising demand for power.
August 2, 2016 | 03:46 am PT
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