Providing micro, small and medium enterprises with access to financial services as a means of promoting inclusive and sustainable economic growth and employment is very important since they still find it difficult to get the financing they need to grow and create jobs, the APEC SME Finance Forum heard in HCM City on Monday.Nguyen Hoa Cuong, chair of the APEC SME Working Group and a senior official in the Ministry of Planning and Investment, said in his opening speech: “MSMEs stimulate domestic demand through job creation, innovation and competition, and are thus a driving force behind a resilient national economy. In addition, SMEs in global supply chains promote international trade.“Prioritising SMEs’ development is therefore critical for promoting inclusive economic growth. This priority for APEC 2017 will help maintain important momentum to advance APEC’s work with regard to MSMEs.”But lack of access to finance is a major barrier to their growth, he … [Read more...] about APEC delegates discuss hurdles to supply chain finance
Supply chains
Metro promotes energy-efficiency in supply chain
HCM CITY (Biz Hub) — Some 100 representatives from companies and suppliers as well as businesses and experts nationwide on June 9 took part in a workshop on "Energy-Efficiency Programme for Supply Chains" in HCM City.Jointly organised by Metro Cash & Carry Viet Nam and GIZ's Project Development Programme (PDP), the workshop aimed to help companies reduce their energy costs and to discuss topics related to productivity, production costs and environmental impact caused by medium- and large-sized manufacturers."With stricter national requirements on energy consumption and higher electricity costs, manufacturers should evaluate their energy management systems to maintain competitiveness and sustainable development," said Erik Heens, operations director of Metro Cash & Carry Viet Nam at the workshop."Effective energy and resource management is one of the sustainability goals that we have been pursuing," he said. "We would like to share our experience in energy efficiency … [Read more...] about Metro promotes energy-efficiency in supply chain
DiCentral launches supply chain managing solutions
HCM CITY (VNS)— The US-headquartered DiCentral Ltd (Viet Nam) has launched two solutions designed to help retail businesses to operate more actively. The Microsoft Dynamics Business Solution - Microsoft Dynamics AX 2012 for Retail helps users gain immediate, accurate insight encompassing the store, headquarters, merchandising and supply chain. Its multichannel management enables retail channel integration with online marketplaces and stores to create new opportunities for sales, customer interaction and feedback.-VNS … [Read more...] about DiCentral launches supply chain managing solutions
Supply chain congress mulls new challenges
HCM CITY (VNS)— Representatives of leading companies in several sectors will discuss opportunities for Vietnamese industry in a setting of global economic uncertainty at the Vietnam Supply Chain Congress 2012 yesterday in HCM City. Other topics discussed at the congress, which has adopted "Source. Make. Deliver" as its motto, will include indirect procurement in Western Europe, the relationship between purchasing and production and the retail distribution network in Viet Nam. Delegates will also discuss competitive advantages from more productive distribution and improved customer service and strategies for multiple supply chains for the future. … [Read more...] about Supply chain congress mulls new challenges
Supply chain growth to up competitiveness
by Quynh Hoa HCM CITY — Officials at a seminar yesterday in HCM City underscored the urgent need for supply chain development in several sectors, including electronics, textiles and garments, electronics, leather shoes, and automobile and motorbike manufacturing. At the seminar organised by the Ministry of Industry and Trade (MoIT) and the Multilateral Trade Assistance Project III (EU-Viet Nam MUTRAP III), Le Trieu Dung, deputy director general of the MoIT's Multilateral Trade Policy Department, said there was a need to improve the supply chain to increase added value for major export industries. … [Read more...] about Supply chain growth to up competitiveness