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Loans to small businesses a booming business

Loans to small businesses a booming business

The business of providing loans to small and medium firms is booming in Vietnam with the rise of several platforms offering more accessible credit than traditional banks.
SMEs launch online petition for timely government help

SMEs launch online petition for timely government help

Eleven small- and medium-sized enterprises in Vietnam are trying to get 5,000 signatures on their online petition asking for timely action from the government in rescuing them from Covid-19 impacts.
August 30, 2021 | 05:05 am PT
Vietnam small businesses most optimistic in Asia-Pacific about post-Covid recovery

Vietnam small businesses most optimistic in Asia-Pacific about post-Covid recovery

Vietnamese small and medium-sized enterprises are the most optimistic in the Asia-Pacific region about the post-Covid-19 scenario, a survey has found.
November 17, 2020 | 04:30 am PT
Vietnam electronics tycoon sets up new investment group

Vietnam electronics tycoon sets up new investment group

Pham Van Tam, founder of electronics firm Asanzo, has set up the Winsan Group, a $43 million enterprise to invest in electronics, dental and food ventures.
September 9, 2020 | 05:00 pm PT
Alibaba.com initiative helps Vietnamese SMEs venture abroad

Alibaba.com initiative helps Vietnamese SMEs venture abroad

Alibaba.com, the global B2B e-commerce platform of Alibaba Group, launched a landmark initiative Monday to help companies in Vietnam go online and reach an enormous pool of qualified global buyers.
August 31, 2020 | 11:00 pm PT
EVFTA can pave the way ahead for SMEs too: VCCI

EVFTA can pave the way ahead for SMEs too: VCCI

The EU-Vietnam free trade agreement is a highway that creates opportunities not only for 'heavy vehicles' but also 'mini trucks', says Vu Tien Loc, chairman of Vietnam Chamber of Commerce and Industry.
August 8, 2020 | 06:00 pm PT
US, Vietnam ink $42 m deal on boosting economic competitiveness

US, Vietnam ink $42 m deal on boosting economic competitiveness

A $42 million US-Vietnam agreement will focus on making the private sector, startup ecosystems and human capital more competitive.
April 17, 2020 | 12:19 am PT
Small businesses should reconfigure relationship with banks to get credit: experts

Small businesses should reconfigure relationship with banks to get credit: experts

The relationship between businesses and financial institutions needs to be completely reset to enable the former to access credit.
December 26, 2018 | 02:00 am PT
For small enterprises, transparency holds key to access to funds

For small enterprises, transparency holds key to access to funds

Information transparency is one of the key factors that enable small businesses to borrow from credit institutions, according to economists.
December 24, 2018 | 02:00 am PT
State Bank of Vietnam seeks to take on loan sharks

State Bank of Vietnam seeks to take on loan sharks

Mai Thanh Hung used to be the director of a home decor production company in Hanoi, but in 2013 its revenues collapsed.
December 9, 2018 | 05:00 pm PT
SMEs need to get their act together to access capital

SMEs need to get their act together to access capital

Small and medium-sized enterprises have to perforce improve their management and strategies if they want bank loans.
November 29, 2018 | 06:00 pm PT
Lot of Industry 4.0 room for Vietnamese SMEs

Lot of Industry 4.0 room for Vietnamese SMEs

Contrary to popular perception that Industry 4.0 sidelines SMEs, smaller firms can better leverage the revolution, experts say.
November 7, 2018 | 03:00 am PT
Hungry SMEs need banks to change their ‘risk appetite’

Hungry SMEs need banks to change their ‘risk appetite’

Vietnam’s SMEs are hungry for credit, but banks have to change their ‘risk appetite’ to respond positively, an expert says.
October 28, 2018 | 07:43 pm PT
American entrepreneur finds Vietnam the right place at the right time

American entrepreneur finds Vietnam the right place at the right time

Erik Frankel has perfectly timed a business that works with small Vietnamese businesses to reap the benefits of e-commerce.
September 4, 2018 | 05:51 pm PT
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