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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.

ADB provides $116 million loan to develop wind farms in Quang Tri

It is ADB’s first financing of a wind power project in Vietnam, comprising a $35 million A loan directly funded by ADB and an $81 million syndicated B loan.

IFC provide $57 million to two wind power plants

REE expands its footprint in renewable energy, it is looking for long-term US dollar-based financing that is not readily available in the local market.

Secret from balance sheets of ‘Big 4’ banks

In per-labour-force terms, consumer debt even jumped from 41 per cent of income in 2013 to more than 100 per cent in 2020, according to HSBC.

IFC lends $140 million to VPBank and OCB to boost finance for local businesses

The aim of the additional financing is to help local businesses with disrupted cash flows sustain operations and maintain jobs.

Vietnam Airlines suffers $102 million loss in Q1

The national carrier is seeking $500 million government support as it is struggling amid the Covid-19 pandemic.

IFC provides VPBank $212 million to boost climate financing

This is IFC’s first green loan to a bank in Vietnam.

BIM Land gets $50 million from foreign lenders

BIM Land now get up to $137 million in financing from IFC and Credit Suisse.

InnoVen Capital backing Vietnam’s Tiki and UP Co-working Space

Apart from Tiki and UP Co-working Space, the Asia-focused venture debt provider is also working on a few more deals in Vietnam.

IFC providing $100 million loan to Vietnam’s Orient Commercial Bank

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.

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