Friday , November 15 2024

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IFC increases loan package for SeAbank to $220 million

  A customer at a SeABank branch in Ha Noi. — Photo photo courtesy of SeaBank HÀ NỘI – After four months, the International Finance Corporation (IFC) and international lenders increased the loan package granted to Southeast Asia Commercial Joint Stock Bank (SeABank), from US$150 million to $220 million in order to maintain the cooperation with SeABank in …

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Panic selling continues on Vietnam stock market

Panic selling continues on Vietnam stock market

Vietnam’s benchmark VN-Index continued to plunge Tuesday morning, losing by up to 18 points, as the ripple effect of plunging speculative stocks dragged the market down. The index started off in the red and dropped to 1,434 points at around 10:30 a.m., lowest since the last major drop on December …

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