SMEs get help to boost digital transformation, access finance
VOV.VN - A workshop was held on July 26 in Hanoi to empower small and medium-sized enterprises (SMEs) through digital transformation and financial access.
The event was co-organised by the Ministry of Planning and Investment (MPI) along with the United States Agency for International Development (USAID).
Experts maintained that Vietnamese firms, especially SMEs, have encountered numerous difficulties in post-pandemic recovery, and digital transformation and greater access to financial sources are prerequisites to help businesses address new challenges, expand production, and enhance competitive advantages to get more involved in both domestic and international supply chains.
Most notably, the MPI has worked alongside the USAID to implement the project which seeks to accelerate reforms and strengthen linkage capabilities for Small and Medium Enterprises (LinkSME), as well as initiating a scheme to support firms in promoting the digital transformation for 2021 - 2025 and gaining greater access to diverse financial sources.
More than 500 SMEs have received support, through training, in developing financial strategies, of which 14 have been selected to receive in-depth advice on debt restructuring and gain greater access to loan package of up to US$5 million.
Simultaneously, two digital information platforms, namely digital.business.gov.vn and a2f.business.gov.vn, have been set up in order to integrate tools, reports, and documents related to digital transformation and help SMEs to access financial sources in an effective manner.
At the event, SMEs were given the opportunity to directly connect with providers of digital transformation solutions, financial companies, credit funds, and commercial banks.