vietnam boosts bold reforms to attract more investors

Vietnam boosts bold reforms to attract more investors

On December 10, Prime Minister Nguyen Xuan Phuc had a meeting with representatives of foreign business associations under the Vietnam Business Forum.
financial infrastructure support for post pandemic economic recovery in asia pacific

Financial infrastructure support for post-pandemic economic recovery in Asia-Pacific

The International Finance Corporation (IFC) and the APEC Business Advisory Council (ABAC) – with support from the State Bank of Vietnam and the Swiss Secretariat for Economic Affairs (SECO) – co-organised the eighth APEC Financial Infrastructure Development Network (FIDN) Conference on November 26, 2020.
foreign banks pour capital into vietnam

Foreign banks pour capital into Vietnam

The International Finance Corporation (IFC), a member of the World Bank Group, announced on August 11 that it will provide a 70 million USD loan to Indo Trans Logistics Corporation (ITL Corp), with the aim of improving logistics, trade and competitiveness in Vietnam’s economy amid the COVID-19 pandemic.
indo trans logistics receives 70 million financing package from ifc

Indo Trans Logistics receives $70 million financing package from IFC

The IFC, a member of the World Bank Group, is providing a financing package of $70 million to Indo Trans Logistics Corporation of Vietnam in an aim to support the development of the logistics sector, thus facilitating trade and enhancing the competitiveness of the country’s economy during COVID-19.
ifc loans to vpbank and ocb to boost finance for local businesses

IFC loans to VPBank and OCB to boost finance for local businesses

The International Finance Corporation (IFC) is providing $140 million in loans to VPBank and OCB to help the two banks support local businesses with disrupted cash flows sustain operations and maintain employment.
phu my hung asks 75 million for help from ifc

Phu My Hung asks $75 million for help from IFC

The International Finance Corporation (IFC), a member of the World Bank Group, is providing a financing package of $75 million to Phu My Hung Development Corporation to help sustain its property development operations after COVID-19.
binh thuan pushes up sustainable farming of dragon fruit

Binh Thuan pushes up sustainable farming of dragon fruit

To help unlock its competitive advantages, the southern province of Binh Thuan is actively taking steps for the sustainable, safe, and quality-oriented production of dragon fruit.
ifc works with vietnam to expand export markets for dragon agricultural products

IFC works with Vietnam to expand export markets for dragon agricultural products

IFC, a member of the World Bank Group, has signed an MoU with the Plant Protection Department of the Ministry of Agriculture and Rural Development to support its efforts to expand export markets for Vietnamese agricultural produce. Improvements in quality will help Vietnamese agricultural products access new high-value markets to increase exports and income for farmers.  
first world bank operations for covid 19 emergency health support underway

First World Bank operations for COVID-19 emergency health support underway

The first group of World Bank projects, amounting to $1.9 billion, will assist 25 countries and new operations are moving forward in over 40 countries using the fast-track process.
world bank group increases covid 19 response funding to 14 billion

World Bank Group increases COVID-19 response funding to $14 billion

The World Bank and IFC’s Board of Directors today approved a $14 billion package of additional fast-track financing to assist companies and countries in their efforts to prevent, detect, and respond to the rapid spread of COVID-19.
world bank to launch 12 billion support package for covid 19 response

World Bank to launch $12 billion support package for COVID-19 response

As the COVID-19 has reached more than 60 countries, the World Bank Group is making available an initial package of up to $12 billion in immediate support to assist countries coping with the health and economic impacts of the global outbreak. This financing is designed to help member countries take effective action to respond to and, where possible, lessen the tragic impacts posed by the COVID-19.
ifc increases trade finance limits to support vietnamese businesses amid covid 19

IFC increases trade finance limits to support Vietnamese businesses amid COVID-19

IFC, a member of the World Bank Group, has increased trade finance limits for Vietnamese banks as a rapid response initiative to address, in advance, potential trade finance challenges triggered by the outbreak of the novel coronavirus, known as COVID-19.
overview of vietnamese green building market

Overview of Vietnamese green building market

The latest research of the IFC shows that as of October 2019, Vietnam had a total of 116 green buildings certified by the most popular green building certification systems, including LEED developed by the US Green Building Council, LOTUS by the Vietnam Green Building Council, and EDGE by the IFC.
vpbank receives 2125 million loan from ifc for green projects

VPBank receives $212.5 million loan from IFC for green projects

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has received a $212.5 million package from IFC, a member of the World Bank Group, to boost climate-friendly projects.
programme saves firms 30m

Programme saves firms $30m

An programme of International Finance Corporation (IFC) has enabled Vietnamese apparel and textile suppliers to save US$30 million a year by improving their resource efficiency and reduce operating costs.