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Vietnam

Department: Lending and Investment
Project Name: Re-lending Program for Small and Medium Enterprises ( Vietnam)
Project Description: The project establishes term lending for small and medium industries in the Hanoi region. It will:
  1. Make long-term credit available through the State Bank of Vietnam (SBV) for private businesses seeking to establish, expand or improve their facilities for manufacturing and production;
  2. Create a facility in the SBV as a permanent source of long-term credit for this sector.


Project Objectives: The project aims to stimulate growth in the industrial sectors of Vietnam, resulting in increased levels of employment and foreign exchange earnings.
Executing Agency: Industrial and Commercial Bank of Vietnam
Implementation Arrangement: The US$15 million credit granted to the SBV will be given to two qualified commercial banks. The credit will be re-distributed at below market rate, and will be available to both new and existing firms to finance fixed asset investments and materials for manufacturing.
Project Performance: To enhance S&M enterprises production and industry development.
Project Manager: Daphne Tien
Phone: +886 2 28732323 ext. 504
E-mail: daphne_tien@icdf.org.tw
Signing Date: 1993/3/16
Status: Construction completed; under repayment
Sector: Economic Infrastructure and Services
Sector Item: Banking and Financial Services
Borrower: State Bank of Vietnam
Cooperating Country: Vietnam
Project status: Completed projects
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  • Date Updated:2012/7/27