In November 2025, OeEB signed a credit line in the amount of USD 20 million to EVF General Finance Joint Stock Company (“EVF”), Vietnam. The credit line was granted as part of a USD 40 million financing package arranged by OeEB and Swedfund. The funds will be used to finance MSMEs in Vietnam (at least 40% of which will be dedicated to green projects and at least 30% to companies owned and/or managed by women).
| Project name | EVF General Finance Joint Stock Company („EVF") |
| Region | Southern and Eastern Asia |
| Sector | Financial sector / Microfinance / SME |
| Service | Investments & Financing |
| Project country | Vietnam |
| OeEB project volume | USD 20 million |
| International climate finance according to UNFCC | Partially |
| Additionality | Financial Additionality |
| Project partner(s) | EVF General Finance Joint Stock Company |
Small and medium-sized enterprises (SMEs) are considered one of the most important drivers of Vietnam's economic development. Although SMEs account for around 85% of all companies in Vietnam, they still have very limited access to financing.
EVF General Finance Joint Stock Company, based in Hanoi, Vietnam, was founded in 2008 and is one of Vietnam's leading non-banking financial institutions. Under its general financial license, EVF offers a comprehensive range of financial services, including the granting of credit lines to micro, small, and medium-sized enterprises (MSMEs).
The financing is in line with OeEB's strategy of supporting activities in the areas of financial inclusion of MSMEs, green finance, and gender equality. OeEB's credit line is intended to help improve MSMEs' access to finance and thus contribute to reducing inequalities.
By earmarking a part of the credit line for green projects, the aim is to contribute to climate protection, and by earmarking a part of the credit line for granting loans to companies owned and/or managed by women, the aim is to contribute to gender equality. Forty percent of the financing is eligible for Austrian climate targets.