International Financial Centre: A hard nut to crack for banks

Wednesday, Sep 10, 2025

The SBV’s draft decree stipulates that member banks of the IFC will not benefit from early intervention, special control measures, restructuring support, or special loans in case of distress. Instead, the resolution approach will be license revocation, dissolution, bankruptcy, and...

E-transfers from 1,000 USD at Vietnam’s IFC must be reported: Draft decree

Wednesday, Aug 20, 2025

The State Bank of Vietnam (SBV) has proposed that all electronic money transfers of US$1,000 or more at the shaping International Financial Centre (IFC) must be reported.

VETC secures IFC investment to expand digital tolling across Việt Nam

Wednesday, Jul 23, 2025

The five-year convertible bond deal will help VETC, which controls 75 per cent of the ETC market, expand its system nationwide by 2030.

​​​​​​​Women's participation critical to fuel Việt Nam’s green ambitions

Thursday, Jun 19, 2025

While the solar energy, plastics recycling and rice production sectors are central to Việt Nam''s climate ambitions, women remain significantly underrepresented – holding just 23 per cent of formal jobs and 21 per cent of leadership roles on average.

Việt Nam establishes steering committee to develop financial hub

Thursday, May 22, 2025

Prime Minister Phạm Minh Chính will chair the committee, which will provide strategies to develop regional and international financial centres.

Private sector key to Việt Nam's green transition: IFC’s insight

Sunday, Oct 13, 2024

Việt Nam News speaks with Thomas Jacobs, International Finance Corporation (IFC) country manager for Việt Nam, Cambodia, and Laos, about the private sector''s role in Việt Nam''s green transition.

PM calls on WB, IFC to support Việt Nam’s large-scale infrastructure projects

Wednesday, Nov 15, 2023

The PM affirmed that the Vietnamese Government considers the WB and IFC crucial development partners, which have supported and contributed to the nation’s socio-economic development through policy advice and financial assistance for ODA projects, preferential loans and loans for the...

IFC prioritises job creation and trade flow in Việt Nam in a record year for Asia-Pacific region

Wednesday, Sep 06, 2023

Việt Nam led the way as one of the top five beneficiaries of the International Finance Corporation''s (IFC) long-term investments in the Asia-Pacific region for the fiscal year ending June 30, 2023, amid a back of numerous challenges and crises...

IFC supports private sector growth

Tuesday, Apr 12, 2022

The International Finance Corporation (IFC) is committed to supporting Việt Nam to leverage more private sector investment to meet its climate goals.

IFC partners with SeABank to lending smaller and women-owned SMEs in Viet Nam

Monday, Jun 28, 2021

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

Foreign banks confident and committed to VN's economy

Tuesday, Aug 11, 2020

International Finance Corporation (IFC) announced yesterday they have granted a US$70 million loan to Vietnamese Indo Trans Logistics Corporation (ITL Corp). 

IFC and Ha Noi sign new-generation FDI strategy agreement

Monday, Jun 29, 2020

International Finance Corporation signed a memorandum of understanding with Ha Noi to support its efforts to attract new-generation foreign direct investment.

IFC increases trade finance limits to support Vietnamese businesses amid Covid-19

Friday, Feb 21, 2020

The International Finance Corporation (IFC) announced it has increased trade finance limits for Vietnamese banks to improve their capacity to cover payment risks in granting trade financing to local companies affected by the outbreak of the novel coronavirus, known as...

IFC investor group no longer VietinBank’s major shareholder

Tuesday, Jan 14, 2020

The International Finance Corporation (IFC) investor group is now no longer a major shareholder of Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), after selling more than 55.7 million shares of the bank.

Việt Nam needs to promote access to supply chain financing : experts

Tuesday, Nov 12, 2019

Promoting supply chain financing will help improve the competitiveness of micro, small and medium enterprises (MSEME)  in Việt Nam, enabling them to join global supply chain, experts said in the 4th annual conference on supply chain financing in Asia-Pacific in...