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IFC invests $65 million to revitalize distressed companies

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.

Joining global supply chain still challenges Vietnameses firms

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 seeks buyers for its $350 million-stake in VietinBank

IFC's investment in VietinBank increased more than two times in local currency VND after seven years.

IFC partners VPBank to provide trade finance for Tan Long Group

Tan Long Group, a market leader in agricultural products trading, currently received a trade finance of up to $50 million from IFC and VPBank.

Synchronization amongst provinces in FDI promotion is still missing

Several local investment promotion agencies still lack a lot of information on investment appraisals and the current assessments of provinces are mainly based on personal experience rather than following a standard.

Officials scratch head over new national approach to boost FDI

Despite the growth in FDI inflow in recent year, there is a growing realization that Vietnam requires breakthrough reforms to compete for higher quality streams of FDI.

IFC provides syndicated loan of $100 million to TPBank

IFC’s long-term funding commitment is expected to enable TPBank to double its micro, small and medium enterprises portfolio over the next five years, providing more than $1.8 billion in about 46,000 loans by 2022.

IFC lends VIB US$185 million to develop SMEs and strengthen housing segment

The financing package of International Finance Corporation (IFC) aims to address two key development challenges in Vietnam - the financing gap faced by micro, small and medium enterprises (SMEs) and the lack of affordable housing.

The billion-dollar financial market for women-owned enterprised is still forgotten

Rubin Japhta, Senior Operations Officer on Banking on Women/ SME (Small and Medium Enterprise) Banking of International Finance Corporation (IFC) sai that the financing gap is estimated at US$1.19 billion for women-owned SMEs.

IFC proposes investing US$150 million in An Binh Bank

The International Finance Corporation (IFC) currently hold 10% stake in An Binh Commercial Joint Stock Bank (ABBank), one of the banks having stable and sustainable development.

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