SME credit outstanding rose 12.4 per cent from the start of 2026, faster than overall credit growth, but access to finance remains constrained by issues including collateral, financial transparency, management capacity and the ability to demonstrate cash flows.
SMEs account for about 94 per cent of businesses nationwide but generate less than 20 per cent of total revenue and around 8 per cent of import-export turnover, the report said.
The group of businesses that saw a sharp dip in profits in the second quarter will have the opportunity to recover and accelerate, according to experts.
FiinGroup has announced that it has been officially approved by the Climate Bonds Initiative (CBI) as the first authorised firm in Viet Nam, the sixth in Asia and one of 59 agencies worldwide to verify green bonds issued by Vietnamese...
The COVID-19 pandemic was signficantly changing the landscape of the consumer credit market as consumers tended to tighten their budget and pay more attention to healthcare, environment and lifestyle as well as switching to online shopping.
The prospects of cement enterprises in the second half of the year will continue to improve, especially during the construction season at the end of the year.