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Quang Ninh kicks off 4 key projects in one day

Quang Ninh kicks off 4 key projects in one day

The groundbreaking ceremonies of a series of four key projects worth over $12 billion in total were launched on October 24 as part of Quang Ninh's aspiration for social-economic development in the context of the Covid-19 pandemic.

Inefficient plastics recycling costs Vietnam up to $3 billion each year

Key to Vietnam’s economic transformation after Covid-19

Vietnam economy will persist at least through the third quarter: HSBC

HSBC have recently trimmed Vietnam’s 2021 growth forecast from 6.6 per cent to 6.1 per cent, reflecting the impact of the recent outbreak. That said, once Vietnam is able to contain Covid-19, it should regain its momentum quickly.

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.

Attracting investment in recycling and circular economy

Financial institutions and investment funds have to face some obstacles im making investment into plastic recycling sector.

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).

World Bank approves $321 million programs to support Vietnam’s recovery efforts

It includes two operations designed to support the central government and Ho Chi Minh City in their efforts to improve urban management and promote a recovery that is inclusive, digitally transformative, and sustainable.

Covid-19 poses big challenges for US businesses in Vietnam

AmCham called Vietnam to ease its lengthy quarantine period for vaccinated travellers.

EuroCham calls for allowing companies to vaccinate staffs out of their own pocket

Four in five European business leaders agree that businesses should be able to inoculate their workforce, reducing the burden on the state budget while also helping to accelerate the government’s vaccination drive.

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.

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