Agribusiness; Small and medium-sized enterprises; Credit access; Vietnam
Abstract :
[en] In developing countries, like Vietnam, Small and Medium-sized Enterprises (SMEs) are
considered an important driving force to promote sustainable economic growth. Vietnam -
an agriculture-based country, agricultural SMEs accounts for the major proportion in the
enterprise community, attracting a large workforce and contributing a significant share on
national income and prosperity. Besides its outstanding flexibility and dynamism,
agricultural SMEs often have limited operational experience and management, small
collateral values and weak financial report systems. These characteristics are major barriers
in accessing banking credit in order to develop their production and business activities. Yet,
this paper sketches out the landscape SMEs' access to credit in Vietnam and focuses on this
state of agricultural SMEs in Lao Cai, and hence, suggests several reasonable solutions to
improve the accessibility of agricultural SMEs.
Tran, Huu Cuong; Vietnam National University of Agriculture > Faculty of Accounting and Business Management
Lebailly, Philippe ; Université de Liège - ULiège > Département GxABT > Modélisation et développement
Title :
Giải pháp tín dụng cho doanh nghiệp nông nghiệp vừa và nhỏ: từ thực tiễn đến chính sách
Alternative titles :
[en] Improving access to banking credit of small and medium-sized agricultural enterprises: from policy to practice
Publication date :
2019
Number of pages :
10
Event name :
Conference "Agricultural small and medium-sized enterprises: From policy to practice"
Event organizer :
Vietnam National University of Agriculture (VNUA)
Event place :
Hanoi, Vietnam
Event date :
11 October 2019
References of the abstract :
In developing countries, like Vietnam, Small and Medium-sized Enterprises (SMEs) are considered an important driving force to promote sustainable economic growth. Vietnam - an agriculture-based country, agricultural SMEs accounts for the major proportion in the enterprise community, attracting a large workforce and contributing a significant share on national income and prosperity. Besides its outstanding flexibility and dynamism, agricultural SMEs often have limited operational experience and management, small collateral values and weak financial report systems. These characteristics are major barriers in accessing banking credit in order to develop their production and business activities. Yet, this paper sketches out the landscape SMEs' access to credit in Vietnam and focuses on this state of agricultural SMEs in Lao Cai, and hence, suggests several reasonable solutions to improve the accessibility of agricultural SMEs.