Delegates participating in the APEC SME Finance Forum

Delegates discussed new challenges to financing of SMEs and strengthening supply chain finance (SCF). SCF is a set of technology-based business and financing processes using chain relationships, which is useful for integrating a great number of SMEs into a formal financial system. Delegates believe that non-traditional financial processes like e-commerce and e-payment are new directions that improve small and medium enterprises’ access to financial markets in APEC.

The same day, a forum on “Micro, Small & Medium Enterprises (MSME) Dynamism in APEC” also took place in HCMC.