sme foundation to provide support to startups

SME foundation to provide support to startups

The Government's Small and Medium Enterprise Development Foundation (SMEDF) could provide support to startups in the form of venture capital and crowd funding, according to a draft decision.
new fund to appease sme capital hunger

New fund to appease SME capital hunger

The Ministry of Planning and Investment launched the Small and Medium Enterprise Development Fund on Aprill 22. Hoang Thi Hong, director of the fund, talked to VIR’s Mai Phuong about how the fund would support its beneficiaries.
shb recognised as the bank with the best sme initiative

SHB recognised as the bank with the best SME initiative

Saigon-Hanoi Commercial Joint-Stock Bank (SHB) has been recognised for its social impact finance and small- and medium-sized enterprise (SME) partnership initiatives.
usaid and the mpi in tandem to push sme development

USAID and the MPI in tandem to push SME development

The Ministry of Planning and Investment has been carrying out its task as the foremost economic advisor and key policymaker of Vietnam with potent support from the US Agency for International Development (USAID). In a talk with VIR’s Nguyen Huong, USAID/Vietnam mission director Ann Marie Yastishock highlighted that innovation, along with science and technology, will be the backbone of the economy and a major content of the two bodies’ cooperation moving ahead.
improving access to resources critical for sme development

Improving access to resources critical for SME development

Access to resources was vital for the development of of small- and medium-sized enterprises (SMEs), according to the Ministry of Planning and Investment.
italian trade ties take off via tech and sme tie up

Italian trade ties take off via tech and SME tie-up

Hundreds of Italian entrepreneurs joined Italian Prime Minister Giuseppe Conte in his official June 5-6 visit to Vietnam to seek co-operation opportunities, with an eye on raising two-way trade turnover up to $6 billion next year and as much as $10 billion in the long-term.
sme success dependent on right market access support

SME success dependent on right market access support

The role of small- and medium-sized enterprises (SMEs) in today’s business landscape cannot be ignored. In the Asia Pacific region, SMEs not only account for the majority of employment and job creation, they make significant contributions to GDP in many related markets.
canada supports sme development in tra vinh

Canada supports SME development in Tra Vinh

The management board of the small- and medium-sized enterprise development project in the Mekong Delta province of Tra Vinh (SME Tra Vinh) has revealed it will spend VND70 billion (US$3 million) to support provincial SMEs this year.
vib finances nearly 300 million for sme transactions

VIB finances nearly $300 million for SME transactions

Vietnam International Commercial Joint Stock Bank, also known as VIB, has been named the leading SME Trade Bank by the Asian Development Bank (ADB), thanks to its $276 million trade financing during the year ending on June 30, 2018.
sacombank signs sme credit support agreement

Sacombank signs SME credit support agreement

Sacombank Leasing Company has finalised a credit agreement worth $5 million with Norfund to assist the provision of medium and long-term capital to small and medium-sized enteprises (SME) in Vietnam.
sme vietnam network to connect and support smes

SME Vietnam Network to connect and support SMEs

A network to connect and support Vietnamese small and medium- sized enterprises (SMEs) on Saturday was launched in HCM City in order to drive the country’s economy.
pm phuc places sme innovation in focus

PM Phuc places SME innovation in focus

Improving competitiveness and innovative capacity are some of the key points small and medium enterprises must focus on, said Prime Minister Nguyen Xuan Phuc at the 24th APEC SMEs Ministerial Meeting held today in Ho Chi Minh City.
citi taps into the emerging sme market in vietnam

Citi taps into the emerging SME market in Vietnam

Raymond Lim, director and country head of Citi Commercial Banking in Vietnam, speaks to VIR’s Trang Nguyen about the outlook of the lending market for small- to medium-sized enterprises in the country and how these companies can successfully secure a loan to catch the wave of opportunities in the context of Vietnam’s global economic integration.
eu to leverage links through sme assistance centre

EU to leverage links through SME assistance centre

The European Union will open an assistance centre for small and medium-sized firms in Vietnam from this November in order to further promote trade and investment.
vietnam winner for get2modern sme it makeover contest

Vietnam winner for Get2Modern SME IT Makeover Contest

Microsoft today announced that Vien Dong has emerged as the Vietnamese winner of its Get2Modern SME IT Makeover Contest.