increased local trade finance could boost annual trade by 55 billion

Increased local trade finance could boost annual trade by $55 billion

Improving access to affordable trade finance could increase imports and exports by up to 6 and 9 per cent respectively in Vietnam, according to a new report by the International Finance Corporation (IFC) and the World Trade Organization (WTO). This represents an annual increase in merchandise trade of $55 billion.
banks and ifc boost trade and supply chain finance to promote trade in vietnam

Banks and IFC boost trade and supply chain finance to promote trade in Vietnam

Nearly 2,000 exporters and importers in Vietnam have benefitted from the trade financing of the International Finance Corporation (IFC) over the past fiscal year.