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.
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.
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.
The aim of the additional financing is to help local businesses with disrupted cash flows sustain operations and maintain jobs.
The national carrier is seeking $500 million government support as it is struggling amid the Covid-19 pandemic.
This is IFC’s first green loan to a bank in Vietnam.
BIM Land now get up to $137 million in financing from IFC and Credit Suisse.
Apart from Tiki and UP Co-working Space, the Asia-focused venture debt provider is also working on a few more deals in Vietnam.
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.
Vietnam's largest securities company has secured a $55-million loan from six foreign banks.
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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