Legal gaps should be filled to boost trade finance in Vietnam: experts

Legal gaps should be filled to boost trade finance in Vietnam: experts

More actions are needed to fill up legal gaps in Vietnam to ramp up trade finance that is vital to expanding international trade for importers as well as exporters, a panel has said.

Finance - Fri, February 23, 2024 | 4:19 pm

Removing trade finance constraints may give Vietnam $55 bln trade boost annually: report

Removing trade finance constraints may give Vietnam $55 bln trade boost annually: report

Removing trade finance constraints can prompt an annual increase in merchandise trade in Vietnam of $55 billion, according to the International Finance Corporation (IFC) and the World Trade Organization (WTO).

Economy - Thu, February 22, 2024 | 4:36 pm

Vietnam seeks WB soft loans for major traffic, climate projects

Vietnam seeks WB soft loans for major traffic, climate projects

Prime Minister Pham Minh Chinh has urged the World Bank (WB) to provide low-interest loans for key and large-scale traffic and climate-focused projects in Vietnam.

Economy - Wed, November 15, 2023 | 10:07 am

IFC signs advisory agreement with Vietnam firm to promote sustainable rice production

IFC signs advisory agreement with Vietnam firm to promote sustainable rice production

International Finance Cooperation (IFC), a member of World Bank Group, is supporting Vietnam’s A An Food JSC to enhance its rice production quality and sustainability, thus helping boost the value and competitiveness of the country’s agricultural sector.

Economy - Mon, November 13, 2023 | 10:38 pm

International funding crucial for Vietnam's green growth: central bank official

International funding crucial for Vietnam's green growth: central bank official

Commercial banks in Vietnam need funding from international institutions and private financiers in order to promote green, sustainable growth, a Vietnamese central bank official said Thursday.

Economy - Thu, September 21, 2023 | 5:35 pm

World Bank arm IFC pledges $1.9 bln to Vietnam in fiscal year 2023

World Bank arm IFC pledges $1.9 bln to Vietnam in fiscal year 2023

The International Finance Corporation (IFC), the World Bank Group’s private-sector investment arm, made total commitments of $1.9 billion in Vietnam in fiscal year 2023 ending June 30, the IFC announced on Wednesday.

Economy - Wed, September 6, 2023 | 5:06 pm

IFC proposes $150 mln investments in 2 Vietnam realty firms’ bonds

IFC proposes $150 mln investments in 2 Vietnam realty firms’ bonds

IFC, the World Bank Group’s private-sector investment arm, is mulling over pouring $150 million into two Vietnamese real estate companies via sustainability-linked bonds (SLBs).

Real Estate - Wed, August 30, 2023 | 12:14 pm

Vietnam agri firm lands $100 mln trade facility from foreign lenders

Vietnam agri firm lands $100 mln trade facility from foreign lenders

TTC AgriS, a leading agribusiness firm in Vietnam, has obtained a $100 million trade facility from foreign lenders, adding to a $40 million finance facility acquired in June.

Finance - Fri, July 21, 2023 | 2:49 pm

IFC seeks to invest $10 mln in Vietnam-focused private equity firm ABBPE

IFC seeks to invest $10 mln in Vietnam-focused private equity firm ABBPE

World Bank Group investment arm IFC is considering a proposed investment of $10 million in Vietnam-focused ABBPE Capital Management Pte Ltd.

Finance - Tue, July 11, 2023 | 5:45 pm

Vietnam lender SHB seeks strategic foreign investor

Vietnam lender SHB seeks strategic foreign investor

Saigon-Hanoi Bank (SHB) is seeking an optimal strategic partner towards delivering greater value to customers and shareholders, a source with knowledge of the matter told The Investor Friday.

Banking - Fri, July 7, 2023 | 6:23 pm

WB arm joins with Japanese lender to invest $60 mln in Vietnamese firms

WB arm joins with Japanese lender to invest $60 mln in Vietnamese firms

The World Bank’s IFC is making two new investments in Vietnam’s retail and agribusiness sectors to help strengthen the value chain and support food security in the country.

Finance - Fri, June 16, 2023 | 3:51 pm

Vietnam's delivery market value to hit $4.9 bln by 2030: global research firm

Vietnam's delivery market value to hit $4.9 bln by 2030: global research firm

Vietnam’s courier, express and parcel services market could exceed $4.9 billion in value by 2030, registering an annual growth rate of up to 23.8%, according to Research and Markets.

Industries - Sun, June 4, 2023 | 10:18 am

Opening market to foreign investors key to NPLs in Vietnam: IFC

Opening market to foreign investors key to NPLs in Vietnam: IFC

Vietnam should promptly open the non-performing loan gate to international investors as the country does not have sufficient resources to solve NPL problems, an International Finance Corporation (IFC) official said Wednesday.

Economy - Wed, May 17, 2023 | 2:05 pm

IFC okays $20 mln to help GS25 expand convenience store system

IFC okays $20 mln to help GS25 expand convenience store system

International Finance Corporation (IFC) has approved a $20 million investment in the GS25 convenience store system in Vietnam to fuel the chain’s expansion over the next two years.

Companies - Wed, April 26, 2023 | 4:40 pm