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Lumen Vietnam Fund maintains a positive outlook for the Vietnamese stock market through late 2024 and into 2025, driven by global monetary easing and optimistic domestic economic forecasts. The Vietnamese government’s regulatory reforms and proactive measures are expected to enhance investor confidence and corporate earnings, while the fund continues to focus on a diversified portfolio across key sectors. In September, the fund recorded a 1.58% return, aligning closely with the VN-Index's performance.
Vietnam Prosperity Bank (VPBank) has achieved a brand value of $1.35 billion in 2024, marking a nearly 6% increase from the previous year and securing its position among the top 10 most valuable brands in Vietnam. This growth reflects stable revenue, effective communication, and enhanced employee satisfaction, contributing to its rise in brand strength. Over the past eight years, VPBank's brand value has surged from $56 million in 2016 to nearly $1.4 billion today, showcasing its remarkable progress in the banking sector.
VPBank Prime celebrated its 3rd anniversary with the Prime's Night concert, featuring performances by popular artists like Anh Tu and RHYDER, who energized the audience with their hits. The event highlighted VPBank Prime's commitment to empowering young Vietnamese through tailored financial solutions and innovative digital experiences, catering to Millennials and Gen Z. With 2.1 million members, the brand continues to thrive by understanding and addressing the unique needs of its diverse customer base.
VPBank Prime celebrated its 3rd anniversary with the vibrant "Prime's Night" concert, featuring performances from artists like Anh Tu, My My, and RHYDER, who energized the audience with their hit songs. The event highlighted VPBank Prime's commitment to empowering young people through innovative financial solutions tailored to their needs, focusing on Millennials and GenZ. With over 2 million members, VPBank Prime continues to revolutionize customer experiences through digitization and engaging initiatives.
Vietnam Prosperity Bank (VPBank) has secured a credit limit of 150 million USD from the Japan Bank for International Cooperation (JBIC) to finance renewable energy and power transmission projects in Vietnam. The agreement, signed on October 9, 2024, aims to support the national goal of achieving net zero emissions by 0, aligning with international sustainable development initiatives. This partnership underscores the growing trust of international financial institutions in VPBank and strengthens economic ties between Vietnam and Japan.
VPBank has secured a USD 150 million credit agreement with the Japan Bank for International Cooperation (JBIC) to finance renewable energy and power transmission projects in Vietnam, supporting the national goal of achieving net-zero emissions by 2050. The agreement, signed on October 9, 2023, aligns with Vietnam's Eighth Energy Development Plan and the Asia Zero Emissions Community initiative. This partnership underscores the growing confidence of international financial institutions in VPBank and strengthens economic ties between Vietnam and Japan.
VPBank and the Japan Bank for International Cooperation (JBIC) have signed a $150 million credit line agreement to finance renewable energy and power grid projects in Vietnam, supporting the country's net-zero emissions goal by 2050. The loan will be allocated to enterprises focused on power transmission and environmental protection, enhancing economic ties between Vietnam and Japan. This partnership reflects international confidence in Vietnam's banking sector and VPBank's commitment to sustainability.
VPBank has secured a US$150 million loan agreement aimed at financing clean energy projects. This initiative underscores the bank's commitment to supporting sustainable development and enhancing the renewable energy sector. The funding is expected to facilitate various environmentally friendly initiatives.
VPBank has signed a $150 million loan agreement with the Japan Bank for International Cooperation (JBIC) to finance renewable energy and power transmission projects in Vietnam, supporting the country's goal of achieving net-zero emissions by 2050. The partnership, announced on October 9, aligns with the Asia Zero Emissions Community initiative and the Just Energy Transition Partnership, reinforcing Vietnam-Japan relations in finance and investment. VPBank continues to lead in sustainable finance, having previously secured significant international loans for environmental initiatives.
VPBank has secured a $150 million loan from the Japan Bank for International Cooperation (JBIC) to finance renewable energy and power transmission projects in Vietnam, supporting the country's goal of achieving net-zero emissions by 2050. The agreement, signed on October 9, aligns with Vietnam's Power Development Plan and the Asia Zero Emissions Community initiative, reinforcing the partnership between Vietnam and Japan in sustainable development. VPBank continues to lead in sustainable finance, having previously raised significant international loans for environmental initiatives.
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