Tag: SME

Bankers find SME customers most attractive

Small- and medium-sized enterprises are the most attractive customers for banks and other financial institutions, Sacombank Chairman Dang Van Thanh says In a complete about-face from earlier this year, lenders are now falling over themselves to grant business loans, especial to smaller firms – as long as they can meet eligibility... Read more

National SME week launched nationwide

VietNamNet Bridge - The National Week for Small- and Medium-sized Enterprises (SMEs) has been organised to encourage not only trade promotion but also the overall development of businesses, said Vu Tien Loc, President of the Vietnam Chamber of Commerce and Industry. SMEs represent 96.5 percent of the total number of businesses in the country.VietNamNet Bridge... Read more

SME massive bankruptcy impossible?

VietNamNet Bridge – The State Bank of Vietnam (SBV), in its September 29 report on loans  to small and medium enterprises (SMEs), affirmed that a massive bankruptcy of SMEs will not occur. However, the conclusion has not been applauded by the Vietnam Association of SMEs. The Credit Department under SBV stated in the report that SMEs have been developing... Read more