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Welcome Financial Group, IFC invest $60M in Vietnam's non-performing loan market

Welcome Financial Group, IFC invest $60M in Vietnam's non-performing loan market

Welcome Financial Group and International Finance Corporation have agreed to invest US$60 million in Vietnam's non-performing loan market under IFC’s Distressed Asset Recovery Program.
Vietnam's blue economy ready to create a wave

Vietnam's blue economy ready to create a wave

IFC commits nearly $1.9B in Vietnam investment

IFC commits nearly $1.9B in Vietnam investment

SeABank gets additional IFC funding for housing loans

SeABank gets additional IFC funding for housing loans

Vietnamese lender SeABank is getting a $100-million investment from IFC to provide lower and middle-income families with access to housing loans.
February 8, 2023 | 01:58 am PT
IFC eyes $20M investment in convenience store chain GS25

IFC eyes $20M investment in convenience store chain GS25

The International Finance Corporation (IFC), a member of the World Bank Group, is considering pouring VND460 billion ($20 million) into Vietnamese convenience store chain GS25.
December 15, 2022 | 05:42 pm PT
IFC buys bonds worth $25.6 mln from Vietnamese agri firm

IFC buys bonds worth $25.6 mln from Vietnamese agri firm

The World Bank’s International Finance Corp will buy VND600 billion ($25.6 million) worth of convertible bond to be issued by Vietnamese pork producer and feed mill operator BaF.
August 17, 2022 | 07:43 pm PT
IFC, HDBank ink strategic cooperation for supporting SME scale-up

IFC, HDBank ink strategic cooperation for supporting SME scale-up

IFC and HDBank have signed a deal to become strategic partners, supporting small and medium enterprises to scale up finance.
May 13, 2022 | 02:00 am PT
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.
April 4, 2022 | 06:52 pm PT
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
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