ifc supports development of vinh phuc icd logistics centre

IFC supports development of Vinh Phuc ICD Logistics Centre

Vietnam’s T&T Group and Singapore’s YCH Group have inked a deal with the International Finance Corporation (IFC) on project development to attract capital funding for their inland container depot (ICD) logistics centre in northern Vinh Phuc province.
international trio invests in vietnams hdbank to help accelerate economic recovery

International trio invests in Vietnam’s HDBank to help accelerate economic recovery

As Vietnam accelerates economic recovery, IFC, LeapFrog Investments, and DEG – Deutsche Investitions- und Entwicklungsgesellschaft – have invested $165 million in convertible Tier 2 bonds issued by the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank), a leading Vietnamese private retail and SME bank.
ifc promotes waste to energy solutions as vietnam shifts to low carbon economy

IFC promotes waste-to-energy solutions as Vietnam shifts to low-carbon economy

As Vietnam accelerates efforts to reach net-zero carbon emissions by 2050, the International Finance Corporation (IFC) is providing a $30 million financing package to fund the construction of a waste-to-energy plant in Bac Ninh province. The aim is to increase the province’s waste treatment capacity and reduce its environmental footprint while protecting residents from health risks associated with untreated waste.
low carbon economic growth green building examples from the world

Low-carbon economic growth: Green building examples from the world

One of the countries to be most impacted by climate change and with one of the fastest growth in greenhouse gas emissions globally, Vietnam sits in the crosshairs of the climate crisis.
asean sectoral bodies release asean taxonomy for sustainable finance

ASEAN sectoral bodies release ASEAN Taxonomy for sustainable finance

ASEAN finance sectoral bodies today achieved a milestone towards meeting Paris Agreement commitments by introducing a common language across ASEAN for financing sustainable economic activities.
plastic as a valuable resource for vietnam to tackle plastics pollution

Plastic as a valuable resource for Vietnam to tackle plastics pollution

A new IFC-World Bank analysis argues that treating used plastic as a resource provides a compelling financial case for Vietnam to scale up recycling and other plastic circularity efforts while fostering sustainable economic development locally.
stronger private sector a key to economic transformation in vietnam

Stronger private sector - a key to economic transformation in Vietnam

As Vietnam battles another wave of COVID-19, accelerating the pace of reforms, upgrading workforce skills and infrastructure will strengthen the private sector to help the country recover from the pandemic and unlock its potential, according to a new World Bank Group report.
world bank ifc and australia partner to strengthen vn capital market

World Bank, IFC and Australia partner to strengthen VN capital market

The IFC and the World Bank, in partnership with the Australian government, are implementing a multi-year advisory programme to facilitate Viet Nam’s stock market development, the IFC announced on Tuesday.
world bank and australia partner to strengthen vietnams capital market

World Bank and Australia partner to strengthen Vietnam’s capital market

As Vietnam seeks increased capital to sustain economic activities to continue strong growth in the wake of COVID-19, IFC, the World Bank, and the Australian government have partnered to promote the development of the country’s equity capital market.
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.
ifc boosts covid 19 and climate response efforts in banner year for east asia and pacific

IFC boosts COVID-19 and climate response efforts in banner year for East Asia and Pacific

With the goal of building resilience among people, businesses, and countries, International Finance Corporation (IFC) ramped up response efforts to tackle the dual crises of climate change and COVID-19 in East Asia and the Pacific in the last fiscal year.
greener finance incentives picked up by local banks

Greener finance incentives picked up by local banks

Capital injection from international and local lenders is envisaged to help boost green-driven, sustainable and high-value agricultural models, as well as bridge the gap for the climate-finance market which is still at the nascent stage in Vietnam.
ifc and two affiliate funds acquire 629 per cent in pvi holdings insurance

IFC and two affiliate funds acquire 6.29 per cent in PVI Holdings Insurance

In a move to expand insurance to people and businesses, International Finance Corporation (IFC) and two investment funds it manages are investing in PVI Holdings, one of the largest insurers in Vietnam.
supply chain finance a solution to support msmes and promote the economy

Supply chain finance – a solution to support MSMEs and promote the economy

Capital, market, and management are three factors affecting business operation and development. In particular, the lack of working capital is one of the problems many business owners and leaders struggle to solve, causing more than 50 per cent of businesses to go under short after launching operations.
sustainability linked financing partnership established in vietnam and indonesia

Sustainability-linked financing partnership established in Vietnam and Indonesia

Citi, a US-headquartered leading financial behemoth, has announced its partnership with the International Finance Corporation and McCormick & Company, a global leader in flavour, to provide suppliers of McCormick’s herbs and spices with financial incentives linked to improvements in measures of social and environmental sustainability.