World Bank’s IFC divests stake in Vietnam’s ABBank
The transaction is part of IFC’s divestment plan which was announced earlier this month, after which IFC will no longer be a major shareholder in ABBank
IFC invests in Vietnam’s first local currency sustainability bonds
Vietnam's first-ever local currency sustainability-linked bonds will be issued by two subsidiaries of BIM Group, a multi-sector corporation in Vietnam
IFC commits investment of nearly $1.9bn for Vietnam
Vietnam was among the top five countries in the Asia-Pacific region to benefit from the record amounts of long-term funding for the fiscal year 2023
IFC innovation expected to enhance climate resilience of buildings in Vietnam
It is a web-based hazard mapping and resilience assessment framework
IFC, HDBank sign MoU to become strategic partners, helping SMEs scale up finance
This cooperation is expected to help HDBank build its supply chain finance (SCF) portfolio of US$1 billion in the next three years
IFC provides funds to help businesses in Asia-Pacific, including Vietnam, respond to COVID-19
Since the outbreak, IFC has made efforts to help both small and large businesses in Bangladesh, Pakistan, Sri Lanka, India, and Vietnam
IFC lends Ho Chi Minh City-based property firm $75mn to recover from COVID-19
The bond is the first IFC COVID-19 response project in Vietnam
IFC, Armstrong invest in Vietnamese hydropower developer
The two will hold a 16 percent and 20 percent stake, respectively, in Gia Lai Electricity
World Bank’s IFC, partners to promote sustainable Vietnamese textile industry
The first phase of the program features energy and water efficiency assessments at factories around Vietnam to help them reduce operating costs and improve productivity