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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.
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.
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 | 03:30 pm GMT+7
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 | 03:00 pm GMT+7
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 | 03:29 pm GMT+7
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 | 07:16 pm GMT+7
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 12, 2019 | 10:31 am GMT+7
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 18, 2019 | 09:15 am GMT+7
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 28, 2019 | 09:40 am GMT+7
International bonds set to launch in Vietnamese currency
The bonds will give foreign investors easier access to dong investments.
April 14, 2018 | 07:26 am GMT+7
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 29, 2016 | 02:09 pm GMT+7
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 19, 2016 | 12:19 pm GMT+7
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 02, 2016 | 06:46 pm GMT+7
Global finance fund feeds $15 million into Vietnam’s livestock
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.
June 17, 2016 | 02:42 pm GMT+7
World Bank lender to buy stake in TP Bank
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.
April 23, 2016 | 10:34 am GMT+7
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