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As the first local currency SLBs in Vietnam, they aim to help issuers expand their businesses while creating jobs, boosting competitiveness, and supporting the country’s low-carbon growth model. IFC’s investment comprises two elements, with about $100 million to be issued by BIM Land – a tourism and property developer in Vietnam – and approximately $50 million to be issued by Thanh Xuan JSC. Both the issuers are subsidiaries of BIM Group, a multi-sector corporation in Vietnam. The proceeds will be used to develop the Thanh Xuan Valley project in Vinh Phuc province, including an eco-friendly and unique residential community alongside a hotel complex (under the InterContinental brand), as well as other relevant services and infrastructure. IFC’s funding will also help the developers implement water- and energy-saving solutions at two BIM Land hotels – InterContinental and Regent – on Phu Quoc island. An innovative financing tool to support global sustainable development, these … [Read more...] about Vietnam’s first local currency sustainability-linked bonds aim to boost economy

Tuan said that during this visit, Chairman Vuong Dinh Hue, on behalf of top leaders of Vietnam, will join leaders of Bangladesh in a celebration of the 50th anniversary of the bilateral diplomatic relations (1973-2023). The official underlined that amid the fast, unpredictable and complicated developments in the region and the world, the strengthening of ties between the two countries, who are traditional friends, through the parliamentary channel is expected to contribute to foster ties between the two countries and parliaments. He noted that the Vietnam - Bangladesh relations have been continuously developed with political trust built through visits and meetings via all channels and at all levels. The two sides have set up many important cooperation mechanisms, including a Joint Committee on economic, cultural, science and technology cooperation. Economic and trade partnership has been a highlight of the bilateral partnership, he said, noting that two-way trade has increased … [Read more...] about N.A. leader’s visit aims to reinforce, promote Vietnam – Bangladesh ties: Official

The Army Officer Candidate School No.1 launched the 2023-2024 academic year. In the past academic year, the school implemented numerous solutions, successfully fulfilling its mission, completed the development of output standards for training programs, modules, and subjects for various student groups. They also developed training programs and exercise plans aligned with practical requirements and combat readiness of military units. The school's teams participated in military and national-level competitions, achieving top awards. During the 2023-2024 academic year, the Army Officer Candidate School No.1 will continue to innovate its curriculum, training methods, and improve teaching effectiveness, combining fundamental training with comprehensive student development. * The same day, the Artillery Officer Candidate School held the opening ceremony for the new academic year. In the previous academic year, 100% of graduating classes achieved good results, with 51 teams and 330 … [Read more...] about Military schools commence 2023-2024 academic year