Receivables financing facility enables competitive open account terms and supports international growth
SHANGHAI, CHINA - Media OutReach Newswire - 21 April 2026 - Tradewind Finance has provided a USD 2.5 million non-recourse export factoring facility to a cable manufacturer based in Vietnam. The facility, structured by Tradewind's Shanghai office, converts export receivables into immediate liquidity and provides credit protection on buyers in the United States and Australia.
With this structure in place, the exporter maintains 90-day open account terms for its international buyers without placing pressure on working capital.
How Longer Payment Terms Strained a Manufacturer's Liquidity
The client is a cable manufacturer with over 30 years of operating history in Vietnam. For most of that period, the company relied on advance payments and letters of credit to manage its export transactions.
As competition in global cable supply increased, buyers began requiring open account terms as a condition of continued business. The exporter transitioned accordingly, but the shift created a significant gap between production costs and the moment of payment collection.
The company had export credit insurance in place, which provided partial protection against buyer default. However, the residual risk exposure of 10 to 20 percent remained uncovered, and the insurance did not address the working capital shortfall that came with extended payment cycles. Despite a strong order book and established buyer relationships, the exporter's cash position was under pressure.
How the Facility Works: Converting Receivables into Working Capital
Tradewind structured a non-recourse export factoring facility aligned with the client's trade flows to the United States and Australia. The facility operates as follows:
- Advance funding: Tradewind advances up to 90 percent of each invoice value shortly after shipment, converting receivables into available cash.
- Credit protection: Because the facility is non-recourse, Tradewind assumes the buyer credit risk. By leveraging this structure, the exporter benefits from 100% credit protection against buyer default or insolvency.
- Collections management: Tradewind manages the receivables administration and collection process, reducing the operational burden on the exporter's finance team.
This structure replaces the partial protection previously offered by export credit insurance with a more comprehensive solution that covers both the financing gap and the full buyer credit risk on approved receivables.
What This Means for the Exporter
With the facility in place, the exporter can offer 90-day payment terms to its buyers without absorbing the cash flow impact internally. Production cycles are no longer constrained by the timing of buyer payments, and the company has a predictable source of liquidity tied directly to its shipment activity.
The non-recourse structure also removes a layer of financial uncertainty. Rather than relying on insurance with residual exposure, the exporter now operates with full credit coverage on approved buyers through Tradewind's facility.
Why Tradewind Was Selected
Tradewind was selected for its ability to structure receivables financing solutions for cross-border trade flows involving multiple buyer markets. Key factors in the decision included:
- Over 25 years of experience in international trade finance, with particular depth in export factoring across Asia, the Americas, and Europe
- Local structuring capability through Tradewind's Shanghai office, with direct knowledge of Vietnamese export markets
- A financing structure tailored to the client's specific trade corridors and buyer payment terms
- Consistent execution and clear communication throughout the onboarding process
A Facility Built Around the Client's Trade Flows
"This facility gives the client a reliable source of working capital tied directly to its export activity," said Chris Chang, Regional Commercial Director, Far East at Tradewind Shanghai. "By structuring the solution around their specific trade flows to the United States and Australia, we were able to address both the financing gap and the credit risk exposure in a single facility."
Facing Similar Pressure from Extended Buyer Payment Terms?
Tradewind structures receivables financing solutions for exporters managing cash flow across international trade corridors. Whether you are dealing with longer payment cycles, buyer credit risk, or the operational complexity of cross-border collections, we can help you find the right structure for your situation.
Contact us at www.tradewindfinance.com to discuss how a tailored trade finance solution can support your export business.Hashtag: #Tradewind #TradewindFinance #Cable #Vietnam #Factoring #Manufacturing
https://tradewindfinance.com/
https://www.linkedin.com/company/tradewindcn/
Wechat: 德益世国际保理
The issuer is solely responsible for the content of this announcement.
About Tradewind Finance
Founded in 2000, Tradewind Finance is a global trade finance company specialising in cross-border receivables financing, export factoring, supply chain finance, and credit protection. Tradewind maintains a network of offices across Bangladesh, Bulgaria, China, Hong Kong SAR, Hungary, India, Pakistan, Turkey, the United Arab Emirates, and the United States, alongside its headquarters in Germany. By combining financing, credit protection, and collections into a single integrated solution, Tradewind helps exporters and importers manage working capital, reduce risk, and grow their international trade with confidence.
SHANGHAI, CHINA - Media OutReach Newswire - 21 April 2026 - Tradewind Finance has provided a USD 2.5 million non-recourse export factoring facility to a cable manufacturer based in Vietnam. The facility, structured by Tradewind's Shanghai office, converts export receivables into immediate liquidity and provides credit protection on buyers in the United States and Australia.
With this structure in place, the exporter maintains 90-day open account terms for its international buyers without placing pressure on working capital.
How Longer Payment Terms Strained a Manufacturer's Liquidity
The client is a cable manufacturer with over 30 years of operating history in Vietnam. For most of that period, the company relied on advance payments and letters of credit to manage its export transactions.
As competition in global cable supply increased, buyers began requiring open account terms as a condition of continued business. The exporter transitioned accordingly, but the shift created a significant gap between production costs and the moment of payment collection.
The company had export credit insurance in place, which provided partial protection against buyer default. However, the residual risk exposure of 10 to 20 percent remained uncovered, and the insurance did not address the working capital shortfall that came with extended payment cycles. Despite a strong order book and established buyer relationships, the exporter's cash position was under pressure.
How the Facility Works: Converting Receivables into Working Capital
Tradewind structured a non-recourse export factoring facility aligned with the client's trade flows to the United States and Australia. The facility operates as follows:
- Advance funding: Tradewind advances up to 90 percent of each invoice value shortly after shipment, converting receivables into available cash.
- Credit protection: Because the facility is non-recourse, Tradewind assumes the buyer credit risk. By leveraging this structure, the exporter benefits from 100% credit protection against buyer default or insolvency.
- Collections management: Tradewind manages the receivables administration and collection process, reducing the operational burden on the exporter's finance team.
This structure replaces the partial protection previously offered by export credit insurance with a more comprehensive solution that covers both the financing gap and the full buyer credit risk on approved receivables.
What This Means for the Exporter
With the facility in place, the exporter can offer 90-day payment terms to its buyers without absorbing the cash flow impact internally. Production cycles are no longer constrained by the timing of buyer payments, and the company has a predictable source of liquidity tied directly to its shipment activity.
The non-recourse structure also removes a layer of financial uncertainty. Rather than relying on insurance with residual exposure, the exporter now operates with full credit coverage on approved buyers through Tradewind's facility.
Why Tradewind Was Selected
Tradewind was selected for its ability to structure receivables financing solutions for cross-border trade flows involving multiple buyer markets. Key factors in the decision included:
- Over 25 years of experience in international trade finance, with particular depth in export factoring across Asia, the Americas, and Europe
- Local structuring capability through Tradewind's Shanghai office, with direct knowledge of Vietnamese export markets
- A financing structure tailored to the client's specific trade corridors and buyer payment terms
- Consistent execution and clear communication throughout the onboarding process
A Facility Built Around the Client's Trade Flows
"This facility gives the client a reliable source of working capital tied directly to its export activity," said Chris Chang, Regional Commercial Director, Far East at Tradewind Shanghai. "By structuring the solution around their specific trade flows to the United States and Australia, we were able to address both the financing gap and the credit risk exposure in a single facility."
Facing Similar Pressure from Extended Buyer Payment Terms?
Tradewind structures receivables financing solutions for exporters managing cash flow across international trade corridors. Whether you are dealing with longer payment cycles, buyer credit risk, or the operational complexity of cross-border collections, we can help you find the right structure for your situation.
Contact us at www.tradewindfinance.com to discuss how a tailored trade finance solution can support your export business.Hashtag: #Tradewind #TradewindFinance #Cable #Vietnam #Factoring #Manufacturing
https://tradewindfinance.com/
https://www.linkedin.com/company/tradewindcn/
Wechat: 德益世国际保理
The issuer is solely responsible for the content of this announcement.
About Tradewind Finance
Founded in 2000, Tradewind Finance is a global trade finance company specialising in cross-border receivables financing, export factoring, supply chain finance, and credit protection. Tradewind maintains a network of offices across Bangladesh, Bulgaria, China, Hong Kong SAR, Hungary, India, Pakistan, Turkey, the United Arab Emirates, and the United States, alongside its headquarters in Germany. By combining financing, credit protection, and collections into a single integrated solution, Tradewind helps exporters and importers manage working capital, reduce risk, and grow their international trade with confidence.
** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **
At the close of the nomination period for the 2026 season, the VinFuture Prize, a global science and technology prize recorded 1,819 nominations from around the world, supported by a network of more than 17,000 nominators spanning 117 countries and territories.
HANOI, VIETNAM - Media OutReach Newswire - 18 May 2026 - After six seasons, the VinFuture Prize has not only expanded its influence in the international scientific community, but has also affirmed its position as a prestigious global prize dedicated to identifying and honoring breakthroughs with profound significance for the future of humanity.
A Global Network Bringing Together More Than 17,000 Outstanding Minds
This year's VinFuture nominations span a wide range of critical fields, including medicine and healthcare (38.4%), environmental and earth sciences (17%), energy, transportation, and construction (15%), food and agriculture (10.6%), as well as other scientific and technological disciplines (19%).
At the same time, the official nominator network of the VinFuture Prize has continued to expand substantially, reaching 17,154 nominators from 117 countries and territories across all five continents. This represents an increase of approximately 16% compared with the 2025 season and a more than fourteenfold expansion compared with the inaugural season in 2021. Moreover, the number of countries and territories represented within the nominator network has nearly doubled over the past six years.
Notably, 1,415 nominators for the 2026 VinFuture Prize are ranked among the world's top 2% most-cited researchers. Nearly 8,000 experts are affiliated with leading universities, research institutes, and scientific organizations worldwide, including Australian Academy of Science, Massachusetts Institute of Technology (United States), Stanford University (United States), Harvard University (United States), University of California, Berkeley (United States), University of Oxford (United Kingdom), National University of Singapore (Singapore), Nanyang Technological University (Singapore), and Weizmann Institute of Science (Israel), among others.
Participating on a voluntary basis, these nominators play a vital role in identifying and recommending outstanding scientific innovations capable of generating meaningful and lasting improvements to the lives of billions of people worldwide. They also contribute significantly to extending the global reach of the VinFuture Prize within the international scientific community and promoting cross-border academic connections. Several distinguished nominators have traveled to Vietnam during the 2024 and 2025 VinFuture Sci-Tech Weeks to connect and exchange knowledge directly with the Vietnamese scientific community.
"The continued growth in both the number of nominations and our network of more than 17,000 nominators reflects the increasing confidence that leading scientists and prestigious institutions around the world place in VinFuture Prize and its mission to identify and honor scientific and technological innovations with meaningful impact on humanity. This momentum also reinforces our commitment to upholding rigorous and transparent evaluation standards, while advancing a long-term vision of connecting global intellect in pursuit of a better future for all," said Dr. Thai-Ha Le, Managing Director of the VinFuture Foundation.
Following the conclusion of the nomination period, the Pre-Screening Committee will begin the process of evaluating and selecting the most outstanding scientific works for consideration by the VinFuture Prize Council in the final judging round, which is expected to continue through early September 2026. All nominations will undergo a rigorous multi-layer evaluation process based on stringent international standards to ensure the highest levels of scientific integrity, fairness, and transparency.
The core evaluation criteria include the degree of scientific and technological advancement, the potential for meaningful impact on human life, as well as the scale and long-term sustainability of the proposed innovations.
Vietnam's Growing Imprint on the Global Innovation Map
After six seasons, the VinFuture Prize has firmly established its reputation and standing within the global science and technology landscape. Several VinFuture Laureates have subsequently been honored by some of the world's most prestigious scientific awards, including the Nobel Prize, the Queen Elizabeth Prize for Engineering, and the Breakthrough Prize, demonstrating VinFuture's ability to recognize, at an early stage, innovations with foundational significance for the future of humanity.
Notable examples include Prof. Omar Yaghi (2021 VinFuture Special Prize; 2025 Nobel Prize in Chemistry); Dr. Katalin Karikó and Prof. Drew Weissman (2021 VinFuture Grand Prize; 2023 Nobel Prize in Physiology or Medicine); Drs. Demis Hassabis and John Jumper (2022 VinFuture Special Prize; 2024 Nobel Prize in Chemistry); Prof. Geoffrey Hinton (2024 VinFuture Grand Prize; 2024 Nobel Prize in Physics); as well as Prof. Yoshua Bengio, Prof. Yann LeCun, Prof. Geoffrey Hinton, Mr. Jensen Huang, and Prof. Fei-Fei Li (2024 VinFuture Grand Prize; 2025 Queen Elizabeth Prize for Engineering). Additional examples include Prof. Daniel Drucker, Prof. Joel Habener, Prof. Jens Juul Holst, and Assoc. Prof. Svetlana Mojsov (2023 VinFuture Special Prize), who later received the 2025 Breakthrough Prize.
Beyond recognizing transformative scientific achievements, VinFuture has become a point of convergence for knowledge, collaboration, and the aspiration to serve humanity. Over the course of six seasons, VinFuture has contributed to shaping a more open, connected, and inspiring scientific ecosystem, while positioning Vietnam as an increasingly important destination on the global innovation map.
Hashtag: #VinFuture
The issuer is solely responsible for the content of this announcement.
HANOI, VIETNAM - Media OutReach Newswire - 18 May 2026 - After six seasons, the VinFuture Prize has not only expanded its influence in the international scientific community, but has also affirmed its position as a prestigious global prize dedicated to identifying and honoring breakthroughs with profound significance for the future of humanity.
A Global Network Bringing Together More Than 17,000 Outstanding Minds
This year's VinFuture nominations span a wide range of critical fields, including medicine and healthcare (38.4%), environmental and earth sciences (17%), energy, transportation, and construction (15%), food and agriculture (10.6%), as well as other scientific and technological disciplines (19%).
At the same time, the official nominator network of the VinFuture Prize has continued to expand substantially, reaching 17,154 nominators from 117 countries and territories across all five continents. This represents an increase of approximately 16% compared with the 2025 season and a more than fourteenfold expansion compared with the inaugural season in 2021. Moreover, the number of countries and territories represented within the nominator network has nearly doubled over the past six years.
Notably, 1,415 nominators for the 2026 VinFuture Prize are ranked among the world's top 2% most-cited researchers. Nearly 8,000 experts are affiliated with leading universities, research institutes, and scientific organizations worldwide, including Australian Academy of Science, Massachusetts Institute of Technology (United States), Stanford University (United States), Harvard University (United States), University of California, Berkeley (United States), University of Oxford (United Kingdom), National University of Singapore (Singapore), Nanyang Technological University (Singapore), and Weizmann Institute of Science (Israel), among others.
Participating on a voluntary basis, these nominators play a vital role in identifying and recommending outstanding scientific innovations capable of generating meaningful and lasting improvements to the lives of billions of people worldwide. They also contribute significantly to extending the global reach of the VinFuture Prize within the international scientific community and promoting cross-border academic connections. Several distinguished nominators have traveled to Vietnam during the 2024 and 2025 VinFuture Sci-Tech Weeks to connect and exchange knowledge directly with the Vietnamese scientific community.
"The continued growth in both the number of nominations and our network of more than 17,000 nominators reflects the increasing confidence that leading scientists and prestigious institutions around the world place in VinFuture Prize and its mission to identify and honor scientific and technological innovations with meaningful impact on humanity. This momentum also reinforces our commitment to upholding rigorous and transparent evaluation standards, while advancing a long-term vision of connecting global intellect in pursuit of a better future for all," said Dr. Thai-Ha Le, Managing Director of the VinFuture Foundation.
Following the conclusion of the nomination period, the Pre-Screening Committee will begin the process of evaluating and selecting the most outstanding scientific works for consideration by the VinFuture Prize Council in the final judging round, which is expected to continue through early September 2026. All nominations will undergo a rigorous multi-layer evaluation process based on stringent international standards to ensure the highest levels of scientific integrity, fairness, and transparency.
The core evaluation criteria include the degree of scientific and technological advancement, the potential for meaningful impact on human life, as well as the scale and long-term sustainability of the proposed innovations.
Vietnam's Growing Imprint on the Global Innovation Map
After six seasons, the VinFuture Prize has firmly established its reputation and standing within the global science and technology landscape. Several VinFuture Laureates have subsequently been honored by some of the world's most prestigious scientific awards, including the Nobel Prize, the Queen Elizabeth Prize for Engineering, and the Breakthrough Prize, demonstrating VinFuture's ability to recognize, at an early stage, innovations with foundational significance for the future of humanity.
Notable examples include Prof. Omar Yaghi (2021 VinFuture Special Prize; 2025 Nobel Prize in Chemistry); Dr. Katalin Karikó and Prof. Drew Weissman (2021 VinFuture Grand Prize; 2023 Nobel Prize in Physiology or Medicine); Drs. Demis Hassabis and John Jumper (2022 VinFuture Special Prize; 2024 Nobel Prize in Chemistry); Prof. Geoffrey Hinton (2024 VinFuture Grand Prize; 2024 Nobel Prize in Physics); as well as Prof. Yoshua Bengio, Prof. Yann LeCun, Prof. Geoffrey Hinton, Mr. Jensen Huang, and Prof. Fei-Fei Li (2024 VinFuture Grand Prize; 2025 Queen Elizabeth Prize for Engineering). Additional examples include Prof. Daniel Drucker, Prof. Joel Habener, Prof. Jens Juul Holst, and Assoc. Prof. Svetlana Mojsov (2023 VinFuture Special Prize), who later received the 2025 Breakthrough Prize.
Beyond recognizing transformative scientific achievements, VinFuture has become a point of convergence for knowledge, collaboration, and the aspiration to serve humanity. Over the course of six seasons, VinFuture has contributed to shaping a more open, connected, and inspiring scientific ecosystem, while positioning Vietnam as an increasingly important destination on the global innovation map.
Hashtag: #VinFuture
The issuer is solely responsible for the content of this announcement.
** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **
H.E. Tran Thanh Man, Chairman of the National Assembly of Vietnam, presents the 2025 VinFuture Grand Prize to the scientists whose pioneering contributions led to the discovery and development of the HPV vaccine. In the 2026 season, nominations in medicine and healthcare continue to account for the largest share (38.4%), alongside other critical fields including environmental and earth sciences, energy, transportation and construction, as well as food and agriculture. Photo courtesy of VinFuture.
