Economic transformation in Vietnam

Economic transformation in Vietnam

During the last three decades Vietnam has undergone a considerable economic transformation. However, little research has considered the role that financial reform has played in the development of small and medium size enterprises (SMEs). A focus on the financing of SMEs is of particular importance given the extensive international evidence that these companies are most likely to suffer credit access difficulties due to lack of information and collateral, or due to other financial market failures.

 
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