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Small and Medium Enterprises

Foreign investors finance to help HDBank expand lending to smaller businesses

As Vietnam accelerates economic recovery amid Covid-19, IFC, LeapFrog Investments, and DEG have invested $165 million in convertible Tier 2 bonds issued by HDBank, a leading Vietnamese private retail and SME bank.

IFC provides $100 million loan to OCB, boosting climate finance in Vietnam

With IFC’s support, OCB expects to double its SME lending portfolio by 2024 by leveraging its digital banking platform and developing products that cater to the sector’s needs.

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).

JICA to support Vietnam in SME promotion and industrial development

JICA Vietnam Office's technical cooperation project aims at improving the connection between local small and medium enterprises and the global industrial value chains.

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.

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.

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