caution urged for sme fund processes

Caution urged for SME fund processes

With many small- and medium-sized enterprises having difficulties accessing financial resources to improve their capability, the Small- and Medium-sized Enterprises Development Fund under the Ministry of Planning and Investment is aiming to meet their greater financing needs.
specialist loans to jack up sme growth

Specialist loans to jack up SME growth

Small- and medium-sized enterprises in Vietnam looking to develop new capabilities will now get a leg-up from business loans provided by Military Bank, Saigon-Hanoi Commercial Joint Stock Bank, and BAC A BANK. However, lenders are warned to keep an eye on the risks of financing these firms.
sme transparency a must for loans experts

SME transparency a must for loans: experts

Small and medium-sized enterprises (SMEs) must improve their transparency to enable them to access banking credits, experts said at a conference on Thursday.
sme opportunities in a larger world

SME opportunities in a larger world

With Vietnam hosting the Asia-Pacific Economic Cooperation meetings this year, domestic small- and medium-sized enterprises will get the golden chance in promoting trade and investment. However, in the midst of current difficulties, new business opportunities are hoped to come.
startups score lift with new sme law

Startups score lift with new SME law

In a bid to facilitate the development of private startups, the Law on Supporting Small- and Medium-sized Enterprises will offer plenty of incentives and foster the establishment of private investment funds to provide them with loans.
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.
vietnam india hold great potential for supply chain cooperation analysts

Vietnam, India hold great potential for supply chain cooperation: Analysts

Vietnam and India hold great potential for cooperation in establishing supply chains following COVID-19, which has seriously affected both economies over the past two years due to disruptions in regional and global supply chains, according to Indian analysts.
china russia joint exercise sends a message to washington analysts

China-Russia joint exercise sends a message to Washington: Analysts

An unprecedented joint China-Russia bomber patrol over disputed territory off the coast of South Korea and Japan was a "massive development" in their bid to challenge US influence in the region, analysts said Wednesday (Jul 24).
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.