To enhance the competitiveness of Vietnam’s small and medium enterprises (SMEs), the International Finance Corporation (IFC), the Embassy of Switzerland, local authorities, and business stakeholders have launched the second phase of their ambitious supply chain finance (SCF) program. This initiative, backed by a five million Swiss Francs grant from the State Secretariat for Economic Affairs (SECO) until 2029, is expected to unlock up to $35 billion in working capital, benefiting over half a million Vietnamese SMEs.
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