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Vietnam

First credit guarantee fund for SMEs approved

Ho Chi Minh City People's Committee has approved the establishment of the first credit guarantee fund to support small- and medium-sized enterprises (SMEs) in Vietnam’s largest city and economic hub. The fund will initially have a registered capital of VND50...

ADB to help promote SME development

Through a loan package approved today for US$100 million, the Asian Development Bank (ADB) will help create a business environment…


Five banks pledge contribution for HCM City's credit guarantee...

Five local commercial banks have committed to contribute part of the required capital for the establishment of Ho Chi Minh…

#bank#BIDV#guarantee


First credit guarantee fund for SMEs

Vietnam central bank is completing operation regulations for the establishment of the first credit guarantee fund in Ho Chi Minh…


New rules to boost factoring services

The State Bank of Vietnam (SBV), Vietnam's central bank, has issued new regulations that will enable credit institutions to carry…

#bank#international#payment practices


Aid programmes revive export finance

Export credits are being revived through aid programmes recently established by Australia, EU members and Japan. Vietnam and the EU…

#bank#exporters#guarantees


Credit fund for SMEs announced

The secretary general of the Small- and Medium-Sized Enterprise Association, Nguyen Hoang Luu, has announced that the association will establish…


SMEs struggle to source new export markets

Small- and medium-sized enterprises (SMEs) account for 60 per cent of Vietnam's exports yet continue to struggle to penetrate new…

#Boost#exports#international


USAID to guarantee loans given to Vietnam’s SMEs

The US Agency for International Development (USAID) has agreed to support loans to small- and medium-sized enterprises (SMEs) in Vietnam,…


IFC looks to invest an extra $70 million in...

The International Finance Corporation (IFC), part of the World Bank Group, plans a further investment of US$70 million in Vietnam…

#bank#banks#international


Low-interest loans for exporters

Enterprises are to be offered soft loans carrying an interest rate one-third of the commercial rate to export goods prioritised…

#exporters#interest#interest rate


Exports expected to hit $21bn

Under 2004’s trade development plan, the year’s exports are expected to net around $21bn, a rise of 8.8% compared with…

#Boost#exporters#exports

SMEs to get international financial support

The Dong A Commercial Joint Stock Bank has been receiving assigned capital from international agencies to carry out financial programmes…

#bank#international#smes

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