Textile, apparel and footwear factories in Vietnam has invested $37 million in resource efficiency measures to help them save $30 million in water, energy, and chemical operating costs annually.
Vietnam’s first-ever Corporate Governance Code of Best Practices for Public Companies has been introduced by the State Securities Commission of Vietnam on August 13, aimed at aiding further development of the capital market.
The HausNeo Apartment Project, developed by EZ Land Vietnam Development JSC, has been certified with the International Finance Corporation (IFC)’s EDGE certification, for its excellence in design for green building.
IFC is pledged to continue working on mobilising finance and unlock private sector solutions to help Vietnam become a modern dynamic middle-income country and realise its renewable energy goal.
Being the first confectionery producer in Vietnam to get FSSC 22000 in late 2018, PAN Food Manufacturing is now confident to export its food products to highly demanding markets like Japan, expecting to boost its overall exports by 40 per cent this year.
The IFC-led financing package, combined with advisory services, will boost lending to small and medium enterprises (SMEs), especially women-owned or led ones, and will promote supply chain finance in Vietnam.
IFC, a member of the World Bank Group, and the two funds managed by IFC Asset Management Company are investing up to $65 million in Altus Special Situations Asia 1 LP to support distressed companies in East Asia, especially Vietnam and Indonesia.
Lack of management capacity from broad strategies to specific plans is the main factor that has hindered Vietnamese enterprises in joining the global supply chain, according to international experts.
IFC's investment in VietinBank increased more than two times in local currency VND after seven years.
Tan Long Group, a market leader in agricultural products trading, currently received a trade finance of up to $50 million from IFC and VPBank.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
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