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Vietnam

A call for factoring in Vietnam

At the Increasing Access to Credit in Viet Nam through Collateral (Secured Transaction) Reform workshop delegates called for factoring to play a role in business lending. (more…)

IFC supports Techcombank to help small business

The International Finance Corporation s Mekong Private Sector Development Facility (IFC-MPDF) will work with the Vietnamese Technological and Commercial Joint…

#bank#international#Produce


IFC helps Vietnamese banks

The IFC's Mekong Private Sector Development Facility has launched a five-year project worth over USD6m to help Vietnam's commercial lenders provide better…

#bank#banks#commercial finance


Agribank funds USD5.5m to develop SMEs

The Agriculture and Rural Development Bank (Agribank) will fund US$5.5m to help small- and medium-sized enterprises (SMEs) to expand production…


Vietnam 2006-2007: A stable political, economic environment means factoring...

 The number of factoring licenses granted tripled during 2005, marking the beginning of the Vietnamese factoring industry. (more…)

#bank#conference#exports


Finance sector must compete to survive

Under World Trade Organisation (WTO) commitments, Vietnam must open its finance and banking sector by April 2007. As a result,…

#bank#international#management


Vietnam Eximbank gets factoring go-ahead

The Vietnam Export-Import Bank, or Eximbank, has been approved by the central bank to provide factoring services after (more…)

#bank#banks#interest rate


Asset finance industry receives US$600,000 boost

The Asian Development Bank (ADB) has put US$600,000 aside to support the development of the leasing industry in Vietnam (more…)


Japanese bank to launch factoring operations in Vietnam

Bank of Tokyo-Mitsubishi UFJ plans to launch factoring operations in Vietnam, purchasing from corporations located there the accounts receivable owed…

#bank#receivables#risk


New SME credit guarantee fund planned

Southern economic hub Ho Chi Minh plans to set up a credit guarantee fund for small- and medium-sized enterprises (more…)

#guarantee#guarantees#Produce


Banks beef up export factoring

Four local banks have joined the Factors Chain International (FCI) to provide the factoring service to local exporters, while two…


Export credit policies brought in line

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

Government backs SME expansion with EIB funding

The European Investment Bank (EIB) is providing €30 million in credit to state commercial banks in Vietnam to promote... (more…)

#bank#BIDV#European Commission

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