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IFC lists Vietnam among its largest investment destinations in Asia-Pacific

IFC’s total commitments in Vietnam reached close to $1.9 billion in fiscal year 2023 ending June 30, of which $520 million was in long-term finance. It make Vietnam becomes one of five Asia – the Pacific countries having largest investment from IFC.

Reluctant choices of Mekong Delta’s women as climate change ravages the region

As droughts and saltwater intrusion devastate the Mekong Delta, many women are forced to seek alternative ways to make a living. This new path may offer a glimmer of hope, but it also exposes their extreme vulnerability.

World Bank recommends five priority policy packages to address climate risks

Vietnam lost about $10 billion in 2020, or 3.2 per cent of its gross domestic product, to climate impacts, the World Bank Group’s Country Climate and Development Report for Vietnam stated.

Six global trends shaping Vietnam’s future

Vietnam is recovering strongly with the economy is shifting from survival mode to growth mode. However, if Vietnam is to reach its full potential in the coming years, it will have to effectively navigate a number of global mega-trends that will shape its future, according to CEO of HSBC Vietnam Tim Evans.

Private companies committed to net-zero emissions

Companies in different economic sectors has shown a strong shift towards sustainable development, paving the way towards the realisation of Vietnam's net zero targets by 2025.

The role of enterprises in Vietnam’s net-zero emissions commitment by 2050

The business community will be a main driver in economic transformation towards more green and sustainable one.

More chances for Vietnam to finance sustainable development

In support of the Vietnam Government’s aspiring climate goals and COP26 commitment to become a net zero economy by 2050, HSBC Vietnam has announced its commitment to arranging up to $12 billions of direct and indirect sustainable financing for Vietnam, and the corporate sector in Vietnam by 2030.

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.

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.

IFC provides $150 million financing package to SeABank

To support local businesses and help them make a resilient recovery after the Covid-19 pandemic, IFC is providing a $40 million loan to Southeast Asia Commercial Joint Stock Bank (SeABank).

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