Hanoi (VNA) – A number of banks will introduce financial assistance packages to small- and medium-sized enterprises (SMEs) to enable their active participation in international integration.
Hanoi (VNA) – A number of banks will introduce financial assistance packages to small- and medium-sized enterprises (SMEs) to enabl💯e their active participationꦫ in international integration.
The banks have been entrusted by the Ministry of Planning and Investment’s Small and Medium Enterprise Development Fund, according to the Vietnam Chamber of Commerce and Industry.
Accordingly, each SME working in innovation and creativity is entitled to loans worth a maximum of 10 billion VND from a 100 billion VND (4.54 million USD) programme.
Those working in agro-forestry-fisheries will be able to borrow 150 billion VND (6.81 million USD), with each eligible to no more than 25 billion VND, as will those engaging in support industry for electronics and mechanical engineering.
The credit limit for SMEs operating in wastewater treatment amounts to 100 billion VND, and each could borrow up to a maximum of 25 billion VND.
Interested businesses are advised🌼 to refer to the ministry’s Circular No.13🔜/2015/TT-BKHDT on the list of fields in need of priority support and criteria for borrowers under the fund’s scheme.-VNA
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
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According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Illustrative image (Source: VNA)
