Global supply chains are becoming increasingly diversified. Vietnam, with its strategic location and open trade policies, is well-positioned to attract global buyers seeking new sourcing destinations. Despite these favorable conditions, many Vietnamese enterprises are struggling in exploiting their potential to participate in global supply chains. A critical obstacle for many Vietnamese suppliers, especially small- and medium-sized enterprises (SMEs), relates to inadequate working capital required to fulfil future orders. Supply chain finance offers a tailored solution to improve local SMEs' access to capital and thus global supply chains.

The Program aims to tackle persistent market barriers and bolster the uptake of supply chain finance in Vietnam. Specifically, the Program will 1) enhance existing regulations and policies to expand the provision of supply chain finance through digital platforms, 2) further strengthen the institutional capacity of financial institutions and digital platform providers to effectively scale up and expand their supply chain finance offerings, including for greening supply chains in Vietnam, and 3) further improve buyers and local suppliers' SCF knowledge and capacity. Ultimately, local SMEs will benefit from improved access to working capital allowing them to grow their business, create more jobs, and better integrate into global supply chains.

Vietnam’s regulators are able to create a more favorable legal and regulatory environment for supply chain finance, and particularly for supply chain finance enablers including digital platforms and Non-Deposit Taking Lenders

Banks and Non-Deposit Taking Lenders’ supply chain finance capacity and knowledge are strengthened, allowing them to offer and manage a comprehensive set of supply chain finance solutions to scale up the supply chain finance provision and contribute to the greening of supply chains in Vietnam

Local suppliers and buyers’ awareness of supply chain finance benefits are increased, and their capacities strengthened

Erwartete Resultate:  

1.1. Inputs to regulators are provided to further develop the legal and regulatory foundations for supply chain finance

1.2. Trainings and capacity building on supply chain finance is provided to regulators and other government agencies

1.3. Educational materials on supply chain finance are developed and published

2.1 Capacity building on supply chain finance through in-depth technical assistance is provided to bank and non-deposit taking lending institutions

2.2 Partnerships between banks, non-deposit taking lending institutions, and digital platforms are strengthened

3.1 Capacity building on supply chain finance is provided to local suppliers

3.2 Capacity building to incorporate green and inclusive practices is provided to local suppliers and buyers

Resultate von früheren Phasen:  

Since its launch in 2018, the Vietnam Supply Chain Finance Program has been impactful in enabling affordable financing for local SMEs. Key results include the enactment of two initial regulations on movables finance (using movable assets such as machines as collateral for a loan), creating the foundations for supply chain finance in Vietnam. Additionally, local financial institutions received technical assistance to bolster their supply chain finance services, while awareness campaigns and industry events were initiated to increase market demand and understanding of supply chain finance benefits. From project inception (June 2018) to project closure (June 2024), the National Registration Agency for Secured Transactions (public data registry for all loans that are covered with a collateral) has recorded 163’830 new registrations involving receivables. This translates into facilitating USD 5.5 billion financing for approximately 75’000 local SMEs.