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Search Results: 163 results for keyword "Ifc".
IFC cooperates with REE to support wind projects to advance renewable energy in Vietnam
27-05-2021 14:27
As Vietnam transitions to cleaner low-carbon power generation to help meet the country’s growing demand for electricity, the International Finance Corporation (IFC), a member of the World Bank Group, is funding the development and construction of two wind power projects in Central Vietnam.
IFC and State Bank of Vietnam partner to promote women’s leadership in banking sector
06-03-2021 14:32
In a bid to increase the number of females in leadership positions at banks, World Bank Group member IFC and the State Bank of Vietnam (SBV) are partnering to promote innovative and impactful initiatives for sustainable and inclusive economic growth.
Global finance centre reboot on the cards
20-01-2021 11:44
After long delays, Vietnam will begin implementing a plan to establish an international financial centre as a core pillar of contemporary global finance, thus putting the country’s profile onto the map.
Vietnam boosts bold reforms to attract more investors
12-12-2020 13:05
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
26-11-2020 12:32
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
12-08-2020 09:31
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
11-08-2020 12:16
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
05-08-2020 10:33
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
07-07-2020 17:32
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
26-06-2020 10:42
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
16-04-2020 13:19
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
03-04-2020 21:18
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
18-03-2020 16:19
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
04-03-2020 17:40
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
21-02-2020 14:39
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.
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