Japan Introduces US$22Mln Fund to Invest in Vietnam
The Japanese Fund for Business and Capital Assistance for Vietnamese Enterprises in a seminar in Danang has introduced its Vietnam Growth Fund (VGF).
With initial investment capital of US$22 million, the fund targets to invest in Vietnamese companies, focusing on producing firms, which are in need of capital for investment and expansion.
The fund plans to provide credit packages ranging from US$500,000 to US$2 million for a company.
VFG was founded by Japanese banks, financial companies and businesses. (Justice)