HÀ NỘI — Việt Nam Prosperity Joint-Stock Commercial Bank (VPBank), in collaboration with the Việt Nam Chamber of Commerce and Industry (VCCI), is planning to organise “Enterprises Connecting Day.”

The event will be held in the beginning of July in Hà Nội and HCM City.

The event, designed for small- and medium-sized enterprises (SMEs), is considered one of the opening activities of VPBank’s corporate promotional campaign in 2017.

This event intends to draw the participation of some 400 enterprises in the fields of transportation, warehousing, commerce and light industry, and consumer goods, as well as agriculture, forestry and fisheries, information technology and pharmaceuticals, along with medical equipment, education and training.

At the event, experts from VCCI will provide updated information on SME’s law, which was recently approved by the National Assembly on June 12.

In addition, Clever Advertising Corporation (Clever Ads), senior partner of Google in Việt Nam, will provide basic knowledge about small business advertisement, an aspect which almost all small businesses are yet to invest in.

The organisers are also offering advertising funds to help small businesses directly experience the effectiveness of advertising and a lucky draw programme to provide attractive benefits to all participating businesses.

Each venue will have a display space for products and services for the 54 fastest-registered businesses.

Head of VPBank’s SME Department said the second quarter was the peak period because businesses needed to mobilise all resources to implement key goals in the year. The provision of capital solutions would be an opportunity for enterprises to quickly overcome difficulties they were facing to develop dynamically.

Notably, VPBank’s VNĐ5 billion (US$220 million) mortgage-backed financing programme is considered the key to the problem of loan borrowing, helping small businesses access capital easily through a variety of favourable criteria, such as no collateral requirement, no minimum revenue binding, no limit in the number of years of establishment and simple capital use profile. — VNS