The Asian Development Bank (ADB) and Lien Viet Post Joint Stock Commercial Bank (LPBank) on June 12 signed a financing package of up to 80 million USD to expand access to finance for a women-owned small and medium-sized enterprises (WSMEs) project in Vietnam.
Indonesia aims to raise 170 trillion rupiah (10.92 billion USD) in the capital market in 2023, including from initial public offerings and debt instruments, well below the amount raised in 2022, the country's financial regulator said on January 2.
Vietnam’s debt market was still in its infancy and sound policies were required to bolster growth, said policymakers and financial experts during a conference in Hanoi on November 29.
The construction of a new airport requires capital up to trillions of VND while the market demand also must be considered. The major financial requirements of such ventures suggest private participation in on the horizon.
The framework demonstrates close ties between Vietnam and the US, eventually improves and removes barriers to enhance efficiency for financial instruments in the bond and capital markets.
HCM City is working on a logistics development strategy that would make the city a major logistics hub and reduce logistic costs to 16 per cent of Vietnam's GDP in 2025.