![Joint venture established to provide financial solutions to SMEs](https://media.vneconomy.vn/411x231/images/upload/2022/01/14/cac-doi-tac-thanh-lap-lien-doanh-validus-viet-nam-validus-ttc-do-ventures.jpg)
Joint venture established to provide financial solutions to SMEs
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.