Press Releases and News
Discover what’s new at SACE: the world of exports, the latest news and market scenarios, the trends in Italian industry and the most interesting success stories.
SACE: new $42 million Push Strategy to support exports from Italian SMEs to Vietnam
Rome, 31 October 2024 - SACE announces a new $42 million Push Strategy initiative aimed at creating new export opportunities for Italian companies, particularly SMEs operating in the Sugarcane and Food & Beverage sectors, in Vietnam
The transaction sees SACE partnering with TTC AgriS, a leading player in Vietnam’s sugar processing, distribution and trading. SACE has guaranteed a $42 million loan granted by ING to support TTC AgriS. The five-year loan will enable the company to access long-term hard currency financing, enabling growth and investments across both domestic and international markets within the Sugarcane and Food & Beverage sectors. The financing is paired with TTC AgriS’ commitment of to increase sourcing from Italy, with additional economic incentives to support their effort. The transaction aims to maximise business opportunities for Italian companies by facilitating their entry into the Vietnamese market through Business Matching activities, held in both Italy and Vietnam.
Italy and Vietnam share a common vision for sustainable agriculture, further reinforcing the value of this partnership.
SACE's Push Strategy programme provides Italian companies a gateway to international markets by offering financing to foreign counterparties that commit to increasing their purchases of goods and services from Italy. The Business Matching, a core feature of this strategy organised by SACE in collaboration with the key national institutions, facilitates the connection between Italian and foreign companies to foster new partnerships and expand export opportunities.
Documents
Events
Check our up-to-date schedule of meetings, courses, seminars and workshops related to the world of SACE.
Media Gallery
Videos and photos to keep up-to-date with the latest news from SACE: interviews, presentations and much more besides.
Social Media
Social networks represent a privileged communication channel for SACE to maintain a constant contact with all stakeholders.
We are present on all major social platforms:
X: is our leading communication channel out there where we talk about all of our initiatives, operations with our customers and where we live our events live.
Facebook: On the page, given the vast and heterogeneous audience, we find in depth the stories of Italian companies we support all over the world and our insights on countries and sectors by our economists.
Linkedin: In this platform, which collects a professional audience, we publish all our economic studies and job ads.
Youtube: All our interviews to our customers, our people, our video tutorials from our economists, and success stories find room in our YouTube channel.