SMEs hard to access bank loans Business

SMEs hard to access bank loans

Nearly 70 percent of 2,600 surveyed small-and-medium sized enterprises (SMEs) had to seek loans on the black market as they were unable to access bank loans.
New land pooling policies urged Business

New land pooling policies urged

The Government needs new policies on land pooling and accumulation, as well as credit to develop the farm economy, delegates said at a forum held in HCM City on June 15.
SME fund fails to meet lending target Business

SME fund fails to meet lending target

Though the Small and Medium Enterprise (SME) Development Fund was established a year ago, so far only three firms have got loans from it, fund director Hoang Thi Hong said.
HCM City guarantees loans for SMEs Business

HCM City guarantees loans for SMEs

The HCM City Credit Guarantee Fund provided guarantees to eight projects of small- and medium-sized enterprises in 2016 so they could get loans worth a total of 360 billion VND (16.07 million USD).