tpbank obtains 100 million ifc loan for digital financial services

TPBank obtains $100 million IFC loan for digital financial services

IFC arranged a $100 million syndicated loan for TPBank to promote digital financial services to MSMEs in Vietnam.
breakthrough reforms for next generation fdi attraction

Breakthrough reforms for next-generation FDI attraction

While Vietnam’s FDI appeal based on natural resources and cheap labour is over, the Recommendations on Vietnam’s Next-Generation FDI Strategy and Vision for 2020-2030 has pointed out eight proposed breakthrough reforms to sustain the country’s rapid economic development, competitiveness, and inclusive prosperity.
food safety investment to boost agricultural exports

Food safety investment to boost agricultural exports

Investment in food safety can help Vietnam secure its $40 billion agriproduct export target in 2018, and with a project implemented to enhance food safety, higher export targets can be achieved in many years to come.
ifc promotes vietnamese supplier linkages with multinationals

IFC promotes Vietnamese supplier linkages with multinationals

Vietnamese suppliers will now receive the support they need to become suppliers for multinational enterprises, who often require high-value and international-standard production.
ifc to assist ho chi minh city in building smart city

IFC to assist Ho Chi Minh City in building smart city

The International Finance Corporation (IFC) will help Ho Chi Minh City to build a smart city plan, IFC vice president for Asia and Pacific Nena Stoiljkovic today told Vice Chairman of the Ho Chi Minh City People’s Committee Le Thanh Liem.
vietnam makes significant progress in sustainable finance reforms

Vietnam makes significant progress in sustainable finance reforms

Emerging markets have become a major force in driving development and fighting climate change as 34 countries, including Vietnam, have initiated banking reforms to expand sustainable lending, according to the first comprehensive Global Progress Report of Sustainable Banking Network (SBN), an IFC-supported organisation of banking regulators and associations.
ifc initiative boosts corporate governance at microfinance lenders

IFC initiative boosts corporate governance at microfinance lenders

IFC, a member of the World Bank Group, is helping microfinance institutions in Vietnam improve their corporate governance practices and strengthen their ability to cater to the financial needs of microenterprises and low-income people.
ifc plans to ramp up banking loans

IFC plans to ramp up banking loans

The financial sector is ranked first in priority of investment in Vietnam for the World Bank Group’s private investment arm IFC in 2018, according to Kyle Kelhofer, IFC country manager for Vietnam, Cambodia, and Laos.
ifc invests in dnp water for better access to water in vietnam

IFC invests in DNP Water for better access to water in Vietnam

IFC, a member of the World Bank Group, has secured a convertible loan of $15.3 million for  DNP Water JSC, a subsidiary of Dong Nai Plastic JSC, to enhance clean water access for urban households and residents in Vietnam.
ifc joins abbank to support lending to small businesses and women owned smes

IFC joins ABBank to support lending to small businesses and women-owned SMEs

IFC and Goldman Sachs 10,000 Women has announced a syndicated senior loan of $110 million to Vietnam’s An Binh Commercial Joint Stock Bank in a bid to boost lending to small- and medium-sized enterprises (SME) and women-owned businesses.
vib receives 185 million ifc financial package

VIB receives $185-million IFC financial package

International Finance Corporation and its partners will offer $185 million of assistance to Vietnam International Bank.
opportunity network and sme finance forum announce partnership to accelerate smes growth

Opportunity Network and SME Finance Forum announce partnership to accelerate SMEs' growth

IFC’s SME Finance Forum and Opportunity Network have agreed to collaborate to help small businesses form B2B partnerships, grow their business and expand to new markets.
ifc offers 57 million convertible loan to vpbank

IFC offers $57-million convertible loan to VPBank

International Finance Corporation has approved a convertible loan of $57 million to Vietnam Prosperity Joint Stock Commercial Bank, commonly known as VPBank. 
pan farm enlists ifc daiwa as new investors

PAN Farm enlists IFC, Daiwa as new investors

The International Finance Corporation (IFC), a member of the World Bank Group and Daiwa-SSIAM Vietnam Growth Fund II, co-managed by Daiwa Corporate Investment under Daiwa Securities Group and SSI Asset Management under Saigon Securities Inc. (SSI), are new investors in The PAN Group’s agriculture business, PAN Farm JSC.
handbook helps banks weigh projects

Handbook helps banks weigh projects

The State Bank of Viet Nam has coordinated with the International Finance Corporation (IFC) to prepare a handbook on social and environmental risk assessment for 10 economic sectors serving credit operations of commercial banks.