KCN Vietnam and VietinBank partner to boost industrial development

Mar 15th at 12:22
15-03-2025 12:22:39+07:00

KCN Vietnam and VietinBank partner to boost industrial development

A key aspect of the agreement is VietinBank’s commitment to supporting capital mobilisation and corporate credit activities in alignment with KCN Vietnam’s business model.

Representatives from KCN Vietnam and VietinBank inked a comprehensive partnership agreement in HCM City late last week. — Photo provided by the agency 

KCN Vietnam Group JSC (KCN Vietnam) and Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) have signed a comprehensive partnership agreement, marking a significant milestone in their long-term collaboration.

According to a statement from KCN Vietnam, the partnership will facilitate strategic corporate credit financing packages, enabling the company to expand its industrial ecosystem. This includes increasing its land bank, developing high-quality factories and warehouses, and prioritising the establishment of bonded warehouses nationwide.

A key aspect of the agreement is VietinBank’s commitment to supporting capital mobilisation and corporate credit activities in alignment with KCN Vietnam’s business model. This will provide KCN Vietnam and its partners with access to flexible credit facilities, including favorable interest rates, terms, and loan conditions.

Additionally, both parties will explore financial solutions and services tailored for KCN Vietnam’s customers in the future.

Hardy Diec, COO of KCN Vietnam Group, emphasised that the partnership underscores the company’s strong growth potential and commitment to enhancing service quality.

He said this comprehensive partnership with VietinBank reinforces his company's  growth trajectory and supports the government’s efforts to attract foreign direct investment (FDI), positioning Việt Nam in the global production shift. 

Founded in 2021, KCN Vietnam Group has rapidly expanded its operations, establishing an industrial land bank of over 300 hectares.

The company’s portfolio includes 10 ready-built warehouse and factory projects strategically located across key industrial zones in both northern and southern Việt Nam. 

Bizhub

- 11:06 15/03/2025





RELATED STOCK CODE (1)

NEWS SAME CATEGORY

10 innovative startups selected to compete in QVIC 2025 final round

Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, has announced the list of 10 startups selected for the incubation round, preparing for the final...

Inference scaling emerges as the next frontier for AI at AISC 2025

A key theme at the conference is the shift towards allocating computational power during inference, rather than primarily during training.

Sugar products from Indonesian company subject to anti-circumvention measures

Investigation by the Ministry of Industry and Trade shows that PT. Kebun Tebu Mas has circumvented Việt Nam’s trade defence measures for certain sugar products.

Ministry of Finance to encourage AI and semiconductor R&D

Vietnam holds great potential for businesses from all over the world who wish to invest in the semiconductor and AI industries, according to Deputy Minister of...

HSBC commits $12 billion to support Việt Nam’s energy transition

Out of a total $12 billion financial commitment for energy transition projects in Việt Nam, HSBC has so far executed transactions accounting for approximately 22...

More Vietnamese products expected to enter Australian market

Among the various Vietnamese goods exported to Australia, agricultural, forestry, and aquatic products, along with fruits and vegetables, still have much room to...

Agritourism becomes more popular

Agriculture tourism (agritourism) and rural tourism in Việt Nam, where tourists can engage in farm activities, have been attracting many visitors, helping local...

Vietnam’s ICT industry poised for strong growth

Vietnam’s ICT industry is on a fast track to growth, driven by ambitious revenue targets, bold investments in cutting-edge tech, and strong policy support.

Japan's erex obtains subsidy for biomass co-firing project in Vietnam

Japanese renewable energy firm Erex Co., Ltd. will receive a government subsidy for biomass fuel co-firing tests at coal-fired power facilities in Vietnam.

​Ho Chi Minh City expo showcases 400 horticultural, floricultural brands from 30 countries

The seventh International Exhibition and Conference for Horticultural and Floricultural Production and Processing Technology in Vietnam (HortEx Vietnam) opened on...


MOST READ


Back To Top