Together with VIB, we untangle every knot and open up every opportunity for business households and SMEs.

The Government is promoting institutional reform and supporting the development of the private sector. Resolution 68-NQ/TW of the Central Executive Committee on private economic development, issued on May 4, 2025, is an important milestone. This Resolution not only demonstrates the determination to promote the role of the private economy, but also opens up many opportunities and challenges for private enterprises, including business households and small and medium enterprises (SMEs).

As businesses and SMEs face pressure from changes in tax policies, cash flow issues and urgent digitalization requirements, finding a comprehensive solution is more important than ever.

To clarify the bank's commitments and actions, we had an interview with Ms. Tuong Nguyen - Deputy General Director of VIB - the unit that is implementing the comprehensive financial solution set VIB Business, bringing top benefits to this customer group.

Golden opportunity for businesses to break through

How do you assess current policy movements and the impacts of new policies on SMEs' business operations?

The Government is taking drastic and breakthrough steps in institutional reform to promote economic growth, especially in the private economic sector, in which business households and SMEs account for nearly 98% of the total number of enterprises. Resolution 68 is of great significance, marking a fundamental change in thinking about the role of the private economy, identifying it as the most important driving force of the national economy.

A notable point in Resolution 68 is the focus on removing long-standing bottlenecks for SMEs, such as difficulties in accessing capital, land, and technology. Specific policies such as exempting corporate income tax for the first 3 years for newly established SMEs, supporting interest rates of 2%/year for green projects, or encouraging digital transformation and innovation are all very practical, contributing to helping businesses reduce the burden of costs and procedures. These changes not only "untie" but also create leverage for SMEs to be more confident in competing and breaking through in business, improving their position in the market.

There are challenges and opportunities, what should businesses, especially business households and SMEs, do to make the most of the support and make a breakthrough?

Resolution 68 is a “golden opportunity” for the private economic sector, especially SMEs, to change their mindset, make a strong breakthrough and confidently step into the new era - the era of national development. However, to make the most of this opportunity, SMEs need to proactively act on a number of key aspects, such as improving management capacity and grasping policy information; promoting digital transformation and innovation; taking advantage of policy incentives; expanding the market and proactively integrating...

In that journey, how will banks accompany SMEs?

From a banking perspective, we are committed to accompanying SMEs by providing comprehensive financial solutions, from preferential credit, financial management consulting, to digital transformation support. In addition, we organize training programs, share information, such as the talkshow series "Elevating Vietnamese Enterprises" to help business households and SMEs better understand policies such as Resolution 68 and how to apply them in practice.

In general, SMEs need to be proactive, flexible and innovative to turn challenges into opportunities. This is the time for SMEs to not only survive but also thrive, contributing to the development of the Vietnamese economy in the new period.

VIB commits to always accompany business households and SMEs

Policy movements are creating big changes for business households and SMEs. What strategies does VIB have to support this customer group to adapt and make a breakthrough?

We see that Household Business and SMEs are not only potential customers, but also the main force in developing a modern financial ecosystem. VIB has transformed from a serving bank to a strategic companion - providing a complete solution including non-financial services, from cash flow, tax to operational technology. The goal is to help businesses not only adapt, but also proactively rise up in the new context.

As a leading retail bank, what special advantages does VIB have when serving the group of business households and SMEs?

With leading experience in the retail banking sector, VIB owns a strong digital financial ecosystem, a dedicated team and large-scale service capacity - factors that are very suitable for the flexible operation characteristics of small and medium enterprises and business households. We provide simple, fast, easy-to-use and practical solutions - helping businesses save time, optimize cash flow and proactively manage.

What is special is that technologies that have proven effective for individual customers such as eKYC, digital banking applications, biometrics or voice transaction notifications are being transformed by VIB to serve business households and enterprises. We are gradually expanding to the group of business households and SMEs with a three-pronged strategy: strong digital platform, flexible credit and exploiting the partner ecosystem - a step that clearly demonstrates our commitment to long-term companionship and creating real competitive advantages for businesses in the new era.

In your opinion, what changes in tax policy are directly affecting business households and SMEs?

Through careful research and information from working with customers in the recent past, we have found two main points that businesses and SMEs are very interested in. The first is the regulation on electronic invoices generated from cash registers, requiring all retail transactions to be recorded and invoiced immediately. This requires transparency and digitalization of the entire sales process. The second is the requirement for payment and tax payment through non-cash channels and personal accounts, forcing businesses to change their long-standing manual financial management habits. This is a major shift in operational thinking.

So what specific solutions does VIB have to help businesses solve this tax problem?

We provide a digital ecosystem exclusively for business households and SMEs. Including the Super Profit Account with daily profit of up to 4.5%/year - optimizing cash flow. The VIB Business Card credit card line not only provides unsecured capital of up to 1 billion VND with an interest-free period of up to 58 days, but also helps standardize company expenses, providing full valid documents for tax deduction. VIB Business App - remote order approval, real-time cash flow tracking. Tools such as SoftPOS, QR merchant, Voice Alert help make receipts and payments at the counter professional and secure. Not to mention, eTax Mobile and e-invoice are fully integrated to help business households and SMEs comply with regulations and fulfill tax obligations in just a few steps.

The project “Elevating Vietnamese Enterprises” co-organized by VIB, with the participation of experts in many fields and bank representatives, will provide insights and practical solutions, helping business households and SMEs maximize their potential, discover practical solutions to overcome challenges and grow sustainably on the journey of strong development.

Besides technology and finance, what other solutions does VIB have to support this customer group?

VIB also aims to provide training, connection and update platforms for businesses with the latest knowledge. From management, financial thinking to technology application - all are designed to suit each stage of development of business households and SMEs. A typical example is the talk show series "VIB enhances Vietnamese businesses", which provides solutions for businesses to find practical solutions to current challenges.

So what is VIB's long-term commitment to the SME community and business households?

VIB is committed to not only providing capital or financial products, but also accompanying businesses on their journey of transformation - from technology to knowledge, from operations to market connection. What businesses need for sustainable development - we have been providing, with the goal of creating a real and long-term support ecosystem.

Source: https://baodautu.vn/cung-vib-go-roi-tung-nut-that-bat-mo-tung-co-hoi-cho-ho-kinh-doanh-va-smes-d312535.html