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EMGA arranges US$ 25M debt finance for Vietnam’s EVF

LONDON, May 11, 2026 (GLOBE NEWSWIRE) — Emerging Markets Global Advisory LLP (EMGA), announces that it has completed their first transaction for EVF General Finance Joint Stock Company (EVF) in Vietnam by securing US$ 25M from the OPEC Fund for International Development (OFID).

Commenting on the transaction, EVF’s Head of Capital Markets, Dinh Ngoc Bao said: “We are pleased to have partnered with EMGA to secure this facility from the OPEC Fund. This transaction represents a significant milestone in EVF’s strategy to expand access to financing for Vietnam’s SME sector, a key driver of the country’s economic growth and innovation.

“We share a strong alignment with the OPEC Fund in supporting entrepreneurship and promoting sustainable private sector development. We believe this partnership establishes a solid platform for broader future collaboration, enabling us to further strengthen support for businesses, accelerate economic development, and create long-term opportunities in the international capital market.”

EMGA’s Head of Investment Banking and Managing Director Sajeev Chakkalakal said, “We are pleased to close this first transaction and ensure EVF’s continued vision to supporting the SME sector, as well as climate action in Vietnam. It was also a very positive experience working with our long-term partner OFID as they looked to expand their exposure in the Vietnamese financial sector.”

EMGA’s Head of Operations and Managing Director Jeremy Dobson added, “This funding line adds to our existing track record in Vietnam and is the first time that we have worked with a non-banking financial institution (NBFI) in the country. We believe that this debt financing will help diversify EVF’s funding base and look forward to further cooperation soon.”

EVF General Finance Joint Stock Company (EVF) is one of Vietnam’s leading non-bank financial institutions, established in 2008 and headquartered in Hanoi. The company provides a broad range of financial services, including corporate financing, treasury, capital mobilization, and lending solutions for institutional and retail clients. Listed on the Ho Chi Minh Stock Exchange under the ticker “EVF,” the company has developed strong partnerships with domestic and international financial institutions while supporting the growth of Vietnam’s private sector and SME economy.

Emerging Markets Global Advisory LLP (EMGA), with offices in London and New York, helps financial institutions and corporates seeking new debt or equity capital. EMGA’s multi-national team combines the decades of experience necessary to complete transactions on behalf of their clients within the world’s emerging markets and frontier economies, including Vietnam which remains a key market. With a proven track record in capital formation and strategic advisory throughout diverse economic cycles, EMGA continues expanding its geographic reach and service offering, solidifying its place in the market as one of the industry’s pre-eminent emerging markets focused niche investment banks.

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CGTN: Mother's Day: How heroic mothers inspire Xi Jinping

BEIJING, May 10, 2026 (GLOBE NEWSWIRE) — Today marks Mother's Day. CGTN published a feature spotlighting the inspiring stories of Chinese mothers who devoted themselves selflessly to their children and the nation, highlighting the profound influence mothers have in shaping future generations. In particular, the article explores the deep bond between Chinese President Xi Jinping and his mother, Qi Xin, showing how her patriotism, resilience, and frugal lifestyle, conveyed through both her words and personal example, helped shape Xi's values, approach to governance, and people-centered philosophy.

“In this vast world, I may be like a small feather. But even so, I want this feather to carry a wish for peace,” He Zhihong, a Chinese peacekeeper who was killed in the line of duty at the age of 35, wrote in her diary. She died in an earthquake while serving on a UN peacekeeping mission in Haiti, leaving behind a 4-year-old son, husband and elderly parents.

During her deployment, she led a female peacekeeper squad and provided translation for visiting Chinese delegations. She also took the initiative to organize cultural exchange and open camp events to strengthen cooperation with other peacekeeping units, and taught local students Chinese, building a bridge for cultural understanding.

As a heroic mother figure, her sacrifice made a strong impression on attendees as Chinese President Xi Jinping shared her story in a speech at the General Debate of the 70th Session of the UN General Assembly in New York in September 2015.

Her story is one of many moving accounts of Chinese mothers that Xi has highlighted over the years. Others include Zhao Yiman (1905–1936), a revered national martyr who was executed at the age of 31 by Japanese forces after enduring brutal torture, and Deng Yufen (1891–1970), a mother who sent her husband and all five of her children to the frontlines to fight Japanese militarists.

These women not only exemplify dedication and sacrifice for their country but also demonstrate the profound influence a mother can have on the character and spirit of her children.

Xi and his mother

Xi's own mother, Qi Xin, also left a lasting impression on her children. She joined the Communist Party of China (CPC) in 1939, endured the hardships of the fight against Japanese invaders and worked for many years at the grassroots level in rural revolutionary bases.

Qi's dedication to a sovereign and peaceful China, along with her close bond with ordinary working people, deeply inspired Xi.

From a young age, Xi's mother instilled in him lessons of patriotism and resilience. She once carried him to a store to buy a book about Yue Fei, a 12th-century military commander celebrated for his loyalty. Qi told Xi how Yue Fei's mother tattooed the characters meaning “serve the country with the utmost loyalty” on her son's back to encourage him to resist foreign invaders. When Xi asked how painful it was, Qi explained that although it hurt, Yue Fei took the words to heart. From that moment, Xi took those same words as a guiding principle in his life.

In 1969, during Xi's adolescence, Qi gave him a simple sewing kit. She stitched the words “niang de xin” (mother's heart) in red thread on it, a gift meant to give him courage as he prepared to leave Beijing for Liangjiahe Village in northwest China's Shaanxi Province to experience rural life firsthand. After living and working alongside villagers – eating, sleeping, herding sheep, cutting grass, carrying manure and hauling coal – Xi reflected that one of the greatest lessons he learned was the importance of seeking truth from facts and truly understanding the people.

The simple and frugal lifestyle of his mother also had a lasting influence on Xi. When Xi worked in Zhengding, north China's Hebei Province, in the early 1980s, he used a patched quilt made from over a hundred pieces of old cloth that his mother had sewn more than a decade earlier. When an official offered to buy a new one for him, he refused, saying, “The quilt is fine.”

During the 2001 Spring Festival, Qi called Xi, who was then deputy secretary of the CPC Fujian Provincial Committee and governor of Fujian. She told him that it was understandable he could not return to Beijing for the family reunion, emphasizing that excelling in his work was the greatest act of filial piety.

Raised in such a household, Xi has always put the people first. For decades, he has adhered to the principle that “bringing benefits to the people is the greatest achievement,” treating the public with the care he would show to his own parents and working tirelessly to improve the lives of all Chinese families.

For more information, please click:
https://news.cgtn.com/news/2026-05-10/Mother-s-Day-How-heroic-mothers-inspire-Xi-Jinping-1N1ERJsy5fW/p.html
Youtube: https://youtu.be/DoDxYgrAX2w 


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