VINASME and VISA collaborated to promote financial solutions for small and medium-sized enterprises

DNHN - On September 10th, at the Government Office Conference Center, the VINASME and the international card organization VISA will co-host a seminar titled "Payment and Financial Solutions for Small and Medium-sized Enterprises".

The promotion of cooperation between financial institutions and businesses will be a crucial factor in helping SMEs not only survive but also develop sustainably in the new era
The promotion of cooperation between financial institutions and businesses will be a crucial factor in helping SMEs not only survive but also develop sustainably in the new era.

This is an important event aimed at opening up many opportunities for businesses in the fields of import-export, healthcare, plastic resins, logistics, and software, especially as companies face rapid market changes and strong digital transformation demands.

The seminar aims not only to enhance access to capital for small and medium enterprises (SMEs) but also to focus on encouraging cashless payment solutions. According to experts, this is an inevitable trend in the context of an increasingly digital global economy. Cashless payments not only optimize transaction processes but also improve transparent financial management, minimize risks related to financial security and fraud.

At the event, representatives from VISA will clearly present the opportunities and challenges for SMEs in the digital transformation process, particularly in the fields of payment and finance.

Participating businesses will also have the chance to hear from banks and partners about digitized services and solutions designed specifically for SMEs. These services not only help businesses address operational challenges but also open up new avenues in financial management, international payments, and connectivity with global markets.

Dr. To Hoai Nam, Permanent Vice Chairman and General Secretary of the Vietnam Association of Small and Medium Enterprises (VINASME), will chair the seminar, deliver the concluding remarks, and propose coordinated activities between VINASME and its partners.

A highlight of the event will be the signing of a Memorandum of Understanding (MOU) between VINASME and VISA, marking a strategic collaboration to promote cashless payments and improve access to capital for SMEs. This is an important step forward, not only helping businesses develop sustainably in the digital economy but also contributing to the national goal of building a cashless economy.

This seminar will not only be an opportunity for businesses to access modern payment solutions but also a chance for them to reflect on their future amid the strong digital transformation. The promotion of cooperation between financial institutions and businesses will be a crucial factor in helping SMEs not only survive but also develop sustainably in the new era.

The Vietnam Association of Small and Medium Enterprises (VINASME) has been operating for 19 years, achieving success in most areas of its work and being highly recognized by the Government and the Vietnamese business community. Legally, the Association is a national-level organization representing the country's SME community (which accounts for 98% of the total number of enterprises nationwide). In terms of scale and scope of operations, the Association currently has 30 affiliated units, 61 member associations/business associations, with over 63,500 official members and more than 100 affiliate members.

Regarding international relations, the Association has established partnerships with 50 foreign partners, having signed Cooperation Agreements and MOUs with 38 major economic organizations and corporations. It can be said that the Association's activities have so far been highly effective, leaving a positive impression on international friends.

Bao Bao

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