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IFC provides $150 million financing package to SeABank

To support local businesses and help them make a resilient recovery after the Covid-19 pandemic, IFC is providing a $40 million loan to Southeast Asia Commercial Joint Stock Bank (SeABank).

U.S. commits to linking Vietnamese SMEs to global chain

World class U.S. companies including Microsoft, Cisco, FedEx, Coca-Cola, and Visa are promoting the integration of Vietnam’s leading small and medium sized enterprises into the global supply chain.

Vietnam’s economy is radically shifting: PhD. Vo Tri Thanh

The current situation makes Vietnamese businesses understand that innovation is pivotal, which is a positive signal of the economic transformation in the country.

Enterprise's triumph is Government's success: PM

Vietnam does not aspire to become the best in the global value chain, instead the country wants to be friend with the best, according to Prime Minister Nguyen Xuan Phuc at the Vietnam Business Summit held in Hanoi yesterday within the framework of the World Economic Forum on ASEAN.

FastGo and LOGIVAN to receive first investment from VinaCapital's 100 million tech fund

VinaCapital has just launched a $100 million tech-focused venture capital fund, aiming to help fledgling startups and small and medium sized enterprises in the technology field, of which FastGo and LOGIVAN, two startups on technology solutions in the field of transportation will be its very first investment.

The Government to launch $86 million fund to finance start-ups

Start-ups will be provided with loans from the small and medium enterprise development fund with interest rates not exceeding 80 per cent of the lowest levels at commercial banks in which the State owns over 50 per cent of capital.

Expert identifies a lack of information and manpower as major barriers in integration process of Vietnamese enterprises

According to CIEM President Ph.D. Nguyen Dinh Cung, insufficient information and manpower is the major difficulty of Vietnamese enterprises in the process of international economic integration, especially in preparation for the implementation of free trade agreements (FTAs).

Vietnam Economic Outlook 2018: Waiting for miracles

Despite many breakthroughs in 2017, Vietnam economy outlook is still forecasted to face many problems in 2018.

Accounting procedures hinder SMEs to integrate into global playground

Small and medium enterprises (SMEs) have got a lot of chances to get access to the global playground. However, the accounting procedures have hindered the development of SMEs in Vietnam.

Private business faces challenge to borrow loans

With the fact that the state budget is facing many difficulties, Vietnam will be no longer receive preferential ODA funds from July 2017, foreign investors also reduce capital flows, encouraging investment from the private sector is promoted. The development of the private sector is a "survival" challenge for Vietnam in the near future.

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