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IFC provides $70 million-package for HDBank to boost climate finance

As Vietnam accelerates efforts to transition to low-carbon growth, IFC is providing a $70 million loan to HDBank – one of the country’s leading banks in climate finance – to increase its funding for renewable energy projects in Vietnam.

Three high risks to Vietnam’s economic outlook

While Vietnam’s prospects remain positive, World Bank said that the authorities should address the heightened social, financial, and fiscal risks.

IFC provides $100 million loan to OCB, boosting climate finance in Vietnam

With IFC’s support, OCB expects to double its SME lending portfolio by 2024 by leveraging its digital banking platform and developing products that cater to the sector’s needs.

HSBC warns of real estate risks

HSBC expects rising housing prices to constrain the SBV’s ability to deliver any further rate cuts.

IFC increases trade finance limits for Vietnamese banks amid Covid-19

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.

Persisting external headwinds remain the biggest risk to Vietnam’s growth

A possible deceleration in 2020 growth of Vietnam's main export markets would weigh on its growth.

Moody's puts Vietnam under review for downgrade because of delayed payment

Moody's Investors Service has placed the Ba3 local and foreign currency issuer and senior unsecured ratings of the government of Vietnam under review for downgrade, which Vietnam's Ministry of Finance said is not convinced.

Banks expect profit growth to slow down

After a year of breakthrough, Vietnam’s commercial banks have become more cautious, setting lower profit targets this year.

Private enterprise bond in Vietnam reached $4 billion

Vietnam’s private enterprise bond market increased 30 per cent year on year.

Foreign banks greenlighted to expand

The State Bank of Vietnam has given nod to branches of foreign banks to increase capital.

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