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The Small and Medium Enterprise Development Fund (SMEDF) has partnered with Vietnam Prosperity Joint Stock Commercial Bank (VPBank) to provide small and medium enterprises (SMEs) with low-interest loans ranging from 1.2% to 4.4% per year. This collaboration aims to enhance access to capital for SMEs, which constitute about 98% of Vietnam's enterprises and significantly contribute to the economy and job creation. VPBank will leverage technology to streamline the loan process, ensuring timely financial solutions for SMEs.
11:51 25.10.2024
The Small and Medium Enterprise Development Fund (SMEDF) and Vietnam Prosperity Joint Stock Commercial Bank (VPBank) have signed a framework agreement for indirect lending to support SMEs, particularly in innovative startups and industry clusters. This partnership aims to enhance the competitiveness of SMEs through improved access to capital, advanced technology, and streamlined digital financial solutions. Both parties are committed to fostering sustainable development in the SME sector, aligning with government policies.
07:11 24.10.2024
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