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The Agriculture and Rural Development Bank (Agribank) will fund US$5.5m to help small- and medium-sized enterprises (SMEs) to expand production and business, the bank announced. (more…)
The number of factoring licenses granted tripled during 2005, marking the beginning of the Vietnamese factoring industry. (more…)
#bank#conference#exports
Under World Trade Organisation (WTO) commitments, Vietnam must open its finance and banking sector by April 2007. As a result,…
#bank#international#management
The Vietnam Export-Import Bank, or Eximbank, has been approved by the central bank to provide factoring services after (more…)
#bank#banks#interest rate
The Asian Development Bank (ADB) has put US$600,000 aside to support the development of the leasing industry in Vietnam (more…)
Bank of Tokyo-Mitsubishi UFJ plans to launch factoring operations in Vietnam, purchasing from corporations located there the accounts receivable owed…
#bank#receivables#risk
Southern economic hub Ho Chi Minh plans to set up a credit guarantee fund for small- and medium-sized enterprises (more…)
#guarantee#guarantees#Produce
Four local banks have joined the Factors Chain International (FCI) to provide the factoring service to local exporters, while two…
The Ministry of Finance (MoF) has submitted a number of projects to the Government to renew the country's credit policies…
#exporters#exports#interest rates
The European Investment Bank (EIB) is providing €30 million in credit to state commercial banks in Vietnam to promote... (more…)
#bank#BIDV#European Commission
A loan agreement between the Finance Ministry's External Affairs and the French AFD operations in Foreign Countries was signed yesterday…
#ADB#Asian Development Bank#bank
The Small- and Medium-Sized Enterprises Development Fund Project (SMEDF) funded by the Vietnamese Government and the European Commission (EC) and...…
#bank#European Commission#financial services
Citigroup Vietnam introduced its new product, Accounts Receivable Finance... (more…)
#AR#bank#invoice