IFC expands trade finance for SMEs in Vietnam

The International Finance Corporation (IFC) has expanded a trade finance line for LienVietPostBank, allowing the bank to further help SMEs in Vietnam sustain import and export activities and create jobs despite tighter global credit markets.

Exporters encouraged to purchase credit insurance

The goal of the Vietnamese government for ensuring that at least three per cent of export revenue within every firm, estimated to be worth US$3 billion, is guaranteed against non-payment is failing to meet its target, a forum in Ha Noi has heard.

Firms still lack basic knowledge of WTO

Up to 66 percent of Vietnamese export businesses admitted that they failed to understand the basic content of WTO rules, in a recent survey by the Vietnam Chamber of Commerce and Industry...