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.
scb vietnam awarded best sme bank in 2012

SCB Vietnam awarded “Best SME Bank” in 2012

Standard Chartered Bank has won The Asset Triple A award for the “Best SME Bank” in Vietnam, Hong Kong and Korea in 2012 for its leading services in treasury and working capital areas.
sme has back to wall as ssc looks to play tough

SME has back to wall as SSC looks to play tough

Vietnam may see its first forced closure of a securities company after market regulators shut down key operations at SME Securities.
thai nguyen gives firm backing for sme development

Thai Nguyen gives firm backing for SME development

Small- and medium-sized enterprises in the northern province of Thai Nguyen are being given efficient support to enhance self-reliance and develop sustainably.
acca report outlines sme agendas for esg

ACCA report outlines SME agendas for ESG

In 2024, the landscape for small and medium-sized enterprises is both promising and challenging. In the heart of Southeast Asia, Vietnam stands at the forefront of economic growth, and has set ambitious growth targets for 2024.
vietnam joins largest sme festival in berlin

Vietnam joins largest SME festival in Berlin

Four Vietnamese firms - Bamboo Airways, VinFast, Vietnam Airlines, and Vietin Bank - are joining the small- and medium-sized (SME) businesses’ day held by the German Association for Small and Medium-sized Businesses (BVMW) on March 1.
pm asks ministries to ensure sme support policies

PM asks ministries to ensure SME support policies

Prime Minister Nguyen Xuan Phuc has asked relevant ministries, localities and organisations to increase the enforcement of the Law on Supporting Small and Medium - Sized Enterprises (SMEs) to create favourable conditions for them to overcome the difficult time and develop their business.
fintech driven lending to alleviate sme financing gap

Fintech-driven lending to alleviate SME financing gap

Vietnamese small- and medium-sized enterprises now have a new option for working capital loans, driven by a partnership between banks and fintech companies. Dr Sian Wee Tan and Vihang Patel, cofounders of Singaporean fintech firm Finaxar, which just launched its Vietnam subsidiary Finaxar VN LLC, talked to VIR’s Nam Phuong about this new lending model and why it is different from other offers in the Vietnamese financial market.
vietnams sme optimism index ranks 2nd in world

Vietnam’s SME optimism index ranks 2nd in world

Vietnamese small and medium-sized enterprises (SME) business growth optimism index has ranked second in the world behind Arab Saudi, according to HSBC survey results announced on January 20.