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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

Son Kim Retail subsidiary posts $7 mln loss in 2022

Son Kim Retail subsidiary posts $7 mln loss in 2022

CVS Holdings JSC, a subsidiary of Son Kim Retail under the HCMC-based conglomerate Son Kim Group, reported a loss of VND167 billion ($7.12 million) in 2022, versus a loss of VND153.5 billion in 2021.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

IFC eyes $20 mln investment to fuel GS25 store chain expansion

IFC eyes $20 mln investment to fuel GS25 store chain expansion

The World Bank’s investment arm IFC is considering a new investment of about $20 million into the GS25 convenience store system in Vietnam to drive the chain’s expansion until 2025.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

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