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HCMC SMEs receive US$15.8m loans in 2016

by VTV420 December 2016 Last updated at 13:52 PM

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HCMC SMEs receive US$15.8m loans in 2016
VTV.vn - ​In 2016, eight projects carried out by small and medium sized enterprises in Ho Chi Minh City received total loans of more than 15.8 million USD from the Ho Chi Minh City Credit Guarantee Fund.

In the previous period of 2014-2015, credit guarantee activities for SMEs were not going well because they did not meet the requirements related to collateral. Ho Chi Minh City currently has 120 thousand SMEs, accounting for 96% of businesses in the city.