On 11 March, the Government issued Decree No. 39/2018 / ND-CP detailing some articles of the Law on Support to Small and Medium Enterprises. This Decree clearly stipulates criteria for determining small and medium enterprises. Criteria for determining small and medium enterprises Accordingly, the decree stipulates that small and medium …
It’s nighttime and the streets are bustling in Vietnam’s cities and towns. Buoyed by years of strong growth, the country has a burgeoning middle class with purchasing power to sustain restaurants and cafes, full and open late into the night, busy retailers and a high penetration of mobile phones – …
Microfinance works to improve economic conditions for poor clients, help them increase their incomes and improve their lives, by providing financial services to them. In fact, the poor often have difficulty accessing formal financial services due to a number of barriers, especially without collateral, when accessing formal credit services. In …
Microfinance institutions (MFIs) worldwide and in Vietnam are strong in providing products and services suitable to poor and low-income customers as their vision, strategy and business model from inception focus on this market segment. However, along with the robust development of information technology, digital financial services, agent banking as well …
On June 12, 2017, the Prime Minister issued Decision No. 20/2017 / QD-TTg regulating the activities of microfinance programs and projects of political organizations, society, non-governmental organization. Subjects of application under the Decision are political organizations, socio-political organizations and non-governmental organizations; The ministries, the ministerial-level agencies, the agencies attached to …
