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Vietnam

Vietnamese SMEs exceeding expectations

Small- and medium-sized enterprises are developing strongly, with only 3.8 per cent facing business and production difficulties, according to the State Bank of Vietnam. (more…)

Eximbank offers credit support for importers, exporters

The Vietnam Import-Export Bank (Eximbank) has decided to pour an additional VND3tn (EUR126.18m) in providing credit support for importers and…

#bank#exporters#interest


Eximbank offers exchange rate insurance

The Vietnam Import-Export Bank (Eximbank) announced it will use VND 2tn to provide exchange rate insurance and credit support for…


IFC helps SMEs with credit contracts

The International Finance Corporation has signed a VND320bn (US$20m) credit contract with Viet Nam Technological and Commercial Joint Stock Bank…


Maritime Bank offers export factoring services

The Maritime Bank began implementing export factoring services for enterprises last week under an agreement by the State Bank of…


Maritime export service approved

The State Bank of Viet Nam has allowed the Maritime Bank (MB) to implement an export factoring service. (more…)


Maritime Bank to launch factoring service

Maritime Bank has been permitted by the central bank to launch a factoring unit. (more…)


State debt agency factors further sugar company bank loans

A Vietnamese state-owned debt management firm has taken over debts worth VND77bn (US$4.8m) owed by two public sector sugar companies.…


Sumitomo Mitsui eyes bank stake in Exim Bank

SMFG is considering a 15% investment in Vietnam's state-owned export bank, in a bid to expand in the Asian region. (more…)


Sacombank to open a commercial bank rep office...

Sacombank has become the first commercial bank of Vietnam to have a representative office abroad. (more…)

#bank#banks#international


SeaBank to provide factoring service

The State Bank of Vietnam has given the go ahead to the Southeast Asia Commercial Joint Stock Bank to provide factoring services.…


Eximbank to join IFCs trade finance network

The Vietnam Export-Import Commercial Bank is expected to sign an agreement with the International Finance Corporation to join IFC's global…

Saigon Commercial Bank enters factoring market

The Saigon Commercial Bank has been authorised to provide factoring services. (more…)

#bank#exporters#receivables

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