Gamuda Land secures VND3,750 billion loan for Eaton Park project
Gamuda Land will use the loan to invest in a luxury real estate project in Ho Chi Minh City.
Gamuda Land will use the loan to invest in a luxury real estate project in Ho Chi Minh City.
Phuc Sinh Corporation, a leading Vietnamese coffee and pepper exporter, has secured an investment of up to $25 million from SAIL Investments through its &Green Fund.
The gross loss of Vingroup’s electric vehicle brand VinFast saw an increase of 7.3 per cent last year when the company expanded its commercial footprint.
The ODA loans Japan provides include $346.7 million for the socio-economic recovery and development of Viet Nam post-covid-19 pandemic, $43.3 million for the public transport infrastructure improvement in Binh Duong province, and $32.8 million for upgrading infrastructure for agricultural development in Lam Dong province (phase 1).
The Asian Development Bank (ADB) and Binh Duong Water Environment Joint Stock Company (BIWASE) signed a $13 million loan to finance the construction and operation of a composting plant, and waste-to-energy (WTE) facility in Binh Duong province.
The initial target of $375 million was upsized to $600 million on the back of strong market response.
HSBC Vietnam recently gave Dong Hai Joint Stock Company of Ben Tre (DOHACO) a VND200 billion short term green trade loan, further expanding its green strategy in the paper manufacturing.
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.
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.
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).
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.
The Asian Development Bank (ADB) and Phu Yen TTP Joint Stock Company (Phu Yen JSC) has signed a $186 million loan to develop and operate a 257 MW solar power plant in Hoa Hoi, Phu Yen province, through the country’s first certified green loan.
Thousands of micro, small, and medium enterprises, and millions of farmers across Asia and the Pacific stand to benefit from the first phase of Covid-19 crisis response funding from IFC, a member of the World Bank Group.
The report of humanitarian group Oxfam reveals that the social and economic fallout from the Covid-19 pandemic as mass unemployment, disruption to food production and supplies and declining aid could push 121 million people to the brink of starvation this year.