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January 15, 2022 | 08:56

Joint venture established to provide financial solutions to SMEs

Gia Bảo

Validus Vietnam, the TTC Group, and venture capital fund Do Ventures have announced a joint venture with the goal of promoting comprehensive financial solutions for small and medium-sized enterprises (SMEs) in Vietnam. According to the World Bank, shortages of capital are increasingly serious for Vietnamese SMEs. About half have a cash flow of fewer than three months and more than 60 per cent have difficulties accessing credit.

Joint venture established to provide financial solutions to SMEs
Left to right: Mr. Dang Hong Anh, Vice President of the TTC Group, Mr. Nikhilesh Goel, Co-founder and Group CEO of Validus, and Ms. Le Hoang Uyen Vy, Managing Director of Do Ventures.

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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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