Strengthening bank–business connections

On March 27, representatives of the State Bank of Vietnam’s Region 2 Branch met with the Department of Industry and Trade and the Dong Nai Business Federation to discuss measures to address difficulties faced by enterprises, cooperatives, and household businesses in accessing loans.

Representatives of units discuss solutions to accompany and support businesses in accessing preferential loans. Photo. N. Phuong

At the meeting, participants reviewed the current situation of the business community. Despite positive growth prospects, many companies are encountering challenges due to global geopolitical tensions, rising production and operating costs, and external pressures on import–export activities.

In this context, businesses emphasized the urgent need for faster access to capital and more flexible support policies during this critical period. Particular attention was called for sectors such as import–export, transportation, and agro-forestry-fisheries processing. Proposals included expanding credit limits to provide enterprises with additional financial resources, as well as designing tailored loan packages suited to specific industries and products, with interest rate incentives aligned to real market conditions.

A representative of the State Bank of Vietnam’s Region 2 Branch noted that through coordination with the Department of Industry and Trade and the Dong Nai Business Federation, the banking sector aims to gain a more accurate understanding of the practical needs of local enterprises.

To effectively accompany and support businesses, especially small and medium-sized enterprises, in the coming time, the units will strengthen connections and establish coordination focal points to implement mechanisms and policies for businesses and concretize support activities.

By Vuong The-Translated by Mai Nga, Thu Ha