Latest Scandinavian Finland News

Nordic Investment Bank helps Vietnamese SMEs

The Nordic Investment Bank (NIB) has pledged US$20 million to help Vietnamese small- and medium- sized enterprises (SMEs) to purchase new technology and produce commodities for export. The businesses can apply for the NIB loan through the Bank for Investment and Development of Viet Nam (BIDV) on a long-term credit program.      The loan agreement, which…

Vietnam – a key partner on development cooperation with Finland

Finland and Vietnam established their diplomatic ties in January of 1973. The same year, the Finnish Government decided to list Vietnam as one of its eight long-term partner countries. Vietnam’s position was reaffirmed in recent policies of the Finnish government this year.      A high economic growth rate and economic reforms of Vietnam have created favourable…