SMEs should strengthen cyber security with greater awareness of threats, risks: RMIT analysts

SMEs should strengthen cyber security with greater awareness of threats, risks: RMIT analysts

Better awareness of cyber threats and risks is crucial for Vietnam’s small and medium-sized enterprises (SMEs) in avoiding losses and reputation damage, said RMIT analysts.

Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7

Legal gaps should be filled to boost trade finance in Vietnam: experts

Legal gaps should be filled to boost trade finance in Vietnam: experts

More actions are needed to fill up legal gaps in Vietnam to ramp up trade finance that is vital to expanding international trade for importers as well as exporters, a panel has said.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Japan funded project creates Vietnamese consultants pool for SME development

Japan funded project creates Vietnamese consultants pool for SME development

The Japan International Cooperation Agency (JICA) has successfully implemented and closed a three-year project designed to support small and medium-sized enterprises (SMEs) in Vietnam, citing “remarkable achievements.”

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam lender TPBank borrows $100 mln from US development finance agency

Vietnam lender TPBank borrows $100 mln from US development finance agency

Vietnamese private lender TPBank has signed a deal for a $100 million loan from the U.S. International Development Finance Corporation (DFC), a development finance institution under the U.S. government.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam economy confronts 'headwinds' and 'whirlwinds': expert

Vietnam economy confronts 'headwinds' and 'whirlwinds': expert

The Vietnamese economy is facing two external ‘headwinds’ and two internal ‘whirlwinds’, said Vo Tri Thanh, director of the Institute for Brand and Competitiveness Strategy (BCSI).

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Singapore bank UOB launches FinLab in Vietnam to aid SMEs

Singapore bank UOB launches FinLab in Vietnam to aid SMEs

UOB FinLab, an innovation accelerator powered by Singaporean bank UOB, was rolled out in Vietnam on Tuesday to help empower domestic small- and medium-sized enterprises to harness digital technologies for business growth.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

ADB, Switzerland sign $5 mln cofinancing deal to help Vietnam SMEs

ADB, Switzerland sign $5 mln cofinancing deal to help Vietnam SMEs

The Asian Development Bank (ADB) and Switzerland signed a cofinancing agreement of $5 million Thursday to nurture fintech that can help address low financial inclusion in Vietnam, particularly among small- and medium-sized enterprises, or SMEs.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Swiss fund BlueOrchard invests $20 mln in Nam A Bank to support SMEs

Swiss fund BlueOrchard invests $20 mln in Nam A Bank to support SMEs

BlueOrchard Finance, a Swiss global asset manager in impact investing, has agreed a $20 million loan for Nam A Bank to help the Vietnamese lender provide credit for small- and medium-sized enterprises (SMEs) in the country.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Shinhan Bank Vietnam launches 'account receivable loan'

Shinhan Bank Vietnam launches 'account receivable loan'

Shinhan Bank Vietnam has officially launched Account Receivable Loan - a new product for small and medium-sized enterprises (SMEs) with a loan repayment period of up to 180 days.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

IFC okays $75 million loan for SeABank

IFC okays $75 million loan for SeABank

The World Bank’s financial arm IFC has approved a five-year convertible loan of $75 million to support SeABank’s growth and increase targeted lending to small- and medium-sized enterprises.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7