The International Finance Corporation (IFC) and the Swiss government have launched the second phase of their supply chain finance (SCF) programme in Vietnam, aiming to improve access to working capital for small and medium enterprises (SMEs).

The Ministry of Industry and Trade (MoIT) and the Swiss State Secretariat for Economic Affairs (SECO) signed an agreement in Hanoi on October 22 on the Swiss Government’s commitment of non-refundable aid worth CHF5 million for a project on improving Vietnam’s trade and export promotion policy.