Banks urged to make it easier for SMEs to access capital
(VOVWORLD) - The Vietnam Chamber of Commerce and Industry (VCCI) reports that just 40% of small and medium-sized enterprises (SME) have access to bank capital.
 Vietnam Chamber of Commerce and Industry Chairman Vu Tien Loc (Photo: VOV)
|
Economists say interactions between SMEs and banks and other financial institutions plays an important role in resolving the credit shortage for SMEs. VCCI Chairman Vu Tien Loc said: “The banks should offer more programs to help SMEs by providing information, consulting, training, and access to new markets.”