Case study

The TFP supported the export of capital equipment from France to Viet Nam for the production of healthy snacks.

One of the hundreds of transactions supported by the Trade Finance Program (TFP) involved the export of capital equipment from France to Viet Nam for the production and packaging of healthy snacks. Germany-based Commerzbank confirmed the payment obligation from Vietnam International Bank (VIB), with the TFP guaranteeing 100% of the transaction against the risk of nonpayment through the Credit Guarantee (CG) product. More