VPBank issues $300 million sustainability bond

VPBank issues $300 million sustainability bond

VPBank reached a major milestone in its sustainable growth journey with the issuance of a landmark sustainability bond on September 15.
The cornerstone for Vietnam’s IFC success

The cornerstone for Vietnam’s IFC success

Since Vietnam approved plans for an international financial centre last year, the government has made remarkable progress to realise its vision.
Four Vietnamese banks join $5.6 trillion green finance alliance

Four Vietnamese banks join $5.6 trillion green finance alliance

HDBank, OCB, MSB, and VPBank have joined IFC’s Alliance for Green Commercial Banks, boosting Vietnam’s role in sustainable finance.
Danang and Ho Chi Minh City IFCs poised for integration

Danang and Ho Chi Minh City IFCs poised for integration

In Vietnam’s strategy to establish itself as an international financial hub, Ho Chi Minh City is positioned as the nation’s liquidity powerhouse, while Danang city serves as an instrumental arm, amplifying its appeal and strengthening market connectivity.
Ho Chi Minh City pushes ahead with $6.88bn financial hub

Ho Chi Minh City pushes ahead with $6.88bn financial hub

Ho Chi Minh City pushes ahead with a $6.88bn financial hub, with a project report due this month.
IFC moves reflect long-term ambitions

IFC moves reflect long-term ambitions

To align with plans for international financial centres in Vietnam, many major domestic and international financial institutions have repositioned their strategies, adjusted development plans, and relocated investments.
IFC considers $200 million investment in VPBank sustainability bond

IFC considers $200 million investment in VPBank sustainability bond

The International Finance Corporation (IFC) is mulling a $200 million investment in a five-year sustainability bond to be privately issued by VPBank.
Saigon Marina IFC Tower marks start of Ho Chi Minh City International Financial Centre

Saigon Marina IFC Tower marks start of Ho Chi Minh City International Financial Centre

The Saigon Marina IFC Tower opened on August 19, marking the first step to establish Ho Chi Minh City’s International Financial Centre.
IFC to finance SK leaveo’s biodegradable materials expansion in Vietnam

IFC to finance SK leaveo’s biodegradable materials expansion in Vietnam

The IFC is planning a $70 million investment to support South Korea’s SK leaveo expanding biodegradable materials production in Vietnam.
IFC backs VETC with $19.2 million convertible bond investment

IFC backs VETC with $19.2 million convertible bond investment

The International Finance Corporation completed its subscription for a five-year, VND500 billion ($19.2 million) convertible bond from VETC JSC on July 22.
UK pharma scores $337 million trade boost in Vietnam

UK pharma scores $337 million trade boost in Vietnam

A Vietnamese legal reform could net British pharmaceutical firms up to $337 million in exports over the next five years.
IFC can transcend middle-income gap

IFC can transcend middle-income gap

The submission of a draft resolution on Vietnam’s international financial centre (IFC) to the National Assembly marks a pivotal moment, heralding a new developmental era for Vietnam.
AgriS partners with IFC to accelerate net-zero efforts

AgriS partners with IFC to accelerate net-zero efforts

AgriS and the IFC signed an MoU on May 27 in Ho Chi Minh City to strengthen sustainable development governance in alignment with global standards.
World Bank’s IFC Invests $12M in VUZ to Fuel Immersive Media Growth

World Bank’s IFC Invests $12M in VUZ to Fuel Immersive Media Growth

The strategic funding backs VUZ’s mission to redefine digital experiences in the metaverse and beyond.
IFC proposes $60 million global trade finance for Maritime Bank

IFC proposes $60 million global trade finance for Maritime Bank

The International Finance Corporation (IFC), a member of the World Bank Group, is mulling a $60-million loan to Maritime Commercial Joint-Stock Bank (MSB).
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