Different perception of domestic and foreign enterprises towards restimulation capital resources for microenterprises

Overview of the dialogue. Photo: Hoang Pham

The official discussion took place on November 26th at the Provincial Conference and Exhibition Center on "Micro-Enterprise Reengineering", said Peter Brimble, Senior Technical Advisor for Dana Facility (Myanmar). The issue of microfinance institutions and community development banks has created a new wave of business in Asia. How does microfinance work in reducing poverty and how can these financial institutions build bridges for economic growth? Will new developments in the field of artificial intelligence assist in this evolution?

Peter Brimble, Senior Technical Advisor, DaNa Facility (Myanmar), chaired the discussion at the dialogue session entitled "Reinvestment of micro enterprises". Photo: Hoang Pham

Stephanie Lau, a young consultant and market expert, Future City Summit (Hong Kong) spoke at a dialogue session entitled "Reinvestment of microenterprises." Photo: Hoang Pham

On the same point, Dr. Juneja, chairman of Global Projects he Services. Ltd (India), argues: Small and medium enterprises should focus on developing ideas, developing strategies. Capital is not as important as the link to development.

Masato Wada, CEO of J Platform (Japan), spoke at a dialogue session entitled "Rejuvenating microenterprises." Photo: Hoang Pham

In contrast, for the small and medium business community in the country, capital is now an important requirement in line with development strategies and market information. "Information for businesses is essential, and capital is indispensable internal force for business and development," said Nguyen Van Quyen CEO Quyen Quy (HCM City), emphasized.

Nguyen Huu Nghia, CEO of Binh Duong Land Group, analyzed: "Compared with enterprises in developed countries already have economic ecology and technology infrastructure, financial stability, small and medium enterprises in Vietnam in general and Binh Duong in particular are in need of capital and market information. Therefore, information and capital are equally important for cooperation and development. If access to capital without information, businesses are vulnerable to losses. In contrast, there is information that lack of funds will be difficult in operation."

The common point of the discussion was the active contribution of small and medium enterprises in job creation, contributing to poverty alleviation, ensuring social security should be considered to facilitate, public access technology for development.

Reported by Duy Chi - Translated by Vi Bao