The Asian Development Bank granted a trade finance package to Nam A Bank, a Vietnamese financial institution.

The entities involved

• Asian Development Bank →

  regional development bank

  • ADB announced support for regional development initiatives across Central Asia, Southeast Asia, and the Pacific Islands.Wed 09:20
  • The Asian Development Bank promoted a Pan-Asian Energy Grid Initiative involving Central Asian countries.Tue 12:39
• Vietnam →

  country in Southeast Asia

  • Driven by global geopolitical conflicts and strict US trade policies, Vietnam has emerged as a major global supplier, surpassing China in certain capacities.05:56
  • Orbbec is establishing a sensor manufacturing facility in Vietnam and operates an intelligent manufacturing base in China.05:56

Related events

• The State Bank of Vietnam has issued new banking regulations for the country.Oct 12
• The World Bank provided an economic update while a forum was held in Ho Chi Minh City, Vietnam.Mon 10:54
• Foreign banks, including BNP Paribas and KB Kookmin Bank, are in talks to acquire stakes and establish a foothold in Vietnam.Aug 26
• Vietnam approved a development plan for financial centers, focusing on capital markets and financial technology.Jul 25
• The Asian Development Bank provides technical assistance to the Public Debt Management Office, which is part of the Ministry of Finance.Mon 04:06