Hanoi: Emerging Markets Global Advisory LLP (EMGA) has announced the successful completion of its first transaction for EVF General Finance Joint Stock Company (EVF) in Vietnam, securing a US$ 25 million debt finance from the OPEC Fund for International Development (OFID).

According to BERNAMA News Agency, this transaction marks a significant achievement for EVF as it seeks to expand financing access for Vietnam's small and medium-sized enterprises (SMEs), which are crucial contributors to the country's economic growth and innovation. Dinh Ngoc Bao, EVF's Head of Capital Markets, expressed satisfaction in partnering with EMGA to facilitate this financial arrangement, highlighting its importance in supporting Vietnam's SME sector.