Current situation of microfinance implementation at Vietnamese commercial banks

  • Thi Dung Mai University of Labor and Social Affairs
  • Thi Minh Hien Le Quang Trung Ha Dong High school
Keywords: current situation, microfinance, commercial banks, Vietnam

Abstract

Microfinance is considered an effective tool in the strategy of hunger eradication, poverty reduction, income generation and improving living standards for the poor in countries. Among the subjects providing microfinance, commercial banks are a special and important subject. In the context of official microfinance institutions in Vietnam developing quite slowly, not attracting much attention from state management agencies, socio-political organizations, donors and related parties; Researching the current status of microfinance implementation at commercial banks in Vietnam is necessary. The goal of the article is to understand the current status of microfinance implementation at commercial banks in Vietnam, thereby providing some suggestions to develop this activity, towards the goal of comprehensive finance.

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Published
2023-10-28
How to Cite
Mai, T. D., & Le, T. M. H. (2023). Current situation of microfinance implementation at Vietnamese commercial banks. GPH-International Journal of Business Management, 6(10), 298-314. https://doi.org/10.5281/zenodo.10049977