IFC supports Vietnam’s emerging private sector through investments and advisory services. Since 1992, IFC has provided $436 million in financing to 24 projects in the financial, funds, and information technology sectors. IFC has a strong presence in Vietnam, with efforts led by the Mekong Private Sector Development Facility. It supports improvements in the business environment and offers advice to small and medium enterprises on an ongoing basis.
Vietnam’s remains challenging for private companies in this state-dominated economy. IFC helps improve the environment by supporting the Private Sector Forum, which facilitates dialogue between the public and private sectors. It also provides leadership, such as country-specific studies
and global benchmarking on business environment issues.