Increased local trade finance could boost annual trade by $55 billion

Increased local trade finance could boost annual trade by $55 billion

Improving access to affordable trade finance could increase imports and exports by up to 6 and 9 per cent respectively in Vietnam, according to a new report by the International Finance Corporation (IFC) and the World Trade Organization (WTO). This represents an annual increase in merchandise trade of $55 billion.
ADB and Citi team up on new risk product to help SMEs

ADB and Citi team up on new risk product to help SMEs

The Asian Development Bank through its Trade Finance Programme has signed an agreement with Citi, a leading global bank, to facilitate trade across Asia.
ANZ wins Best Trade Finance Bank in Vietnam

ANZ wins Best Trade Finance Bank in Vietnam

ANZ has been named “Best Trade Finance Bank in Vietnam” in The Asset’s Triple A Treasury, Trade, Supply Chain and Risk Management Awards 2018.
IFC issues sign of respect for VIB

IFC issues sign of respect for VIB

IFC has awarded the “Best GTFP issuing bank in East Asia and the Pacific” to Vietnam International Commercial Joint Stock Bank
VIB offers more opportunities for importers and exporters

VIB offers more opportunities for importers and exporters

On July 9, Vietnam International Bank (VIB) announced the signing of a Trade Finance Agreement with the Netherlands Development Finance Company (FMO).
FX jitters bring fear to traders

FX jitters bring fear to traders

Potential US dollar volatility in the next six months is unsettling Vietnamese traders.