The World Bank’s investment arm IFC has proposed a $39 million investment in BaF, a Vietnamese pork producer and feed mill operator. This proposed financing is part of IFC Agribusiness’ African Swine Fever (ASF) Regional Recovery Program, an IFC disclosure on Tuesday showed. The proposal is for a VND600 billion ($25.85 million) convertible bond issuance and a VND300 billion senior…
The Vietnamese economy picked up strongly early this year thanks to a strong vaccination drive, robust global demand for its manufacturing products, momentum in domestic consumption, and resilient foreign direct investment (FDI) flows. Sanjay Kalra, group head and lead economist of the ASEAN+3 Macroeconomic Research Office (AMRO) said, “The Vietnamese economy is expected to grow at 6.3 per cent this…