Vietnam makes progress in sustainable finance reforms: report

The International Finance Corporation (IFC) will lend $100 million to Orient Commercial Joint Stock Bank (OCB) towards extending credit to SMEs.

The bonds will give foreign investors easier access to dong investments.

Employers who believe they should squeeze their workers to improve the bottom line may need to think again.

The $125 million loan is the largest a foreign organization has granted a local commercial bank this year.

Vietnam has opened up to foreign investors in a bid to meet the rising demand for power.

The International Finance Corporation (IFC), a member of the World Bank Group, officially announced on June 16 it will invest VND340 billion ($15 million) in Anova Feed JSC to build more animal feed facilities in support of the country’s growing livestock industry.

The International Finance Corporation (IFC), the World Bank's private sector lending arm, plans to buy a five percent stake in Vietnam’s unlisted TP Bank, the Vietnamese lender said.

HANOI- The International Finance Corporation (IFC), the private lending vehicle of the World Bank Group, said it plans to extend a $50 million financing facility to Vietnam-focused fund management firm Dragon Capital.