Military Commercial Joint Stock Bank signs cooperation agreement with Vietnam Young Entrepreneurs Association

The Military Commercial Joint Stock Bank and the Vietnam Young Entrepreneurs Association signed a comprehensive cooperation agreement between the two units, opening up opportunities for capacity building.

The Military Commercial Joint Stock Bank (MB) and the Vietnam Young Entrepreneurs Association (VYEA) signed a comprehensive cooperation agreement between the two units, opening up opportunities to improve capacity and access finance for VYEA member businesses. This is a strategic step in connecting financial resources with a dynamic and creative young business ecosystem, contributing to realizing the goal of developing the private economy according to the Government's orientation.

Mr. Pham Nhu Anh - General Director of MB spoke at the signing ceremony of a comprehensive cooperation agreement between the Military Commercial Joint Stock Bank and the Vietnam Young Entrepreneurs Association.

Within the framework of cooperation, MB and VYEA will establish a multi-faceted relationship: strengthening the connection between MB's branch system and VYEA members in localities across the country; implementing comprehensive financial solutions, especially prioritizing start-up and digital transformation projects. At the same time, the bank will coordinate to develop specialized financial products and services specifically for the young entrepreneur community, contributing to supporting businesses to improve operational efficiency.

In addition to financial solutions, MB and VYEA also committed to strengthening cooperation in communications, trade promotion and training to improve business capacity. The two units will prioritize the use of each other's products and services, in order to create an effective and supportive network between banks and businesses.

MB wishes to cooperate with VYEA to develop a comprehensive support ecosystem and accompany in communication, brand development, social security, to create long-term and sustainable values for the young business community nationwide, according to Mr. Pham Nhu Anh - General Director of MB

Speaking at the signing ceremony, Mr. Pham Nhu Anh - General Director of MB emphasized: " MB always identifies small and medium enterprises as a strategic customer segment, when currently serving about 360,000 SME customers, accounting for nearly 40% of the total number of SMEs in Vietnam. On that basis, MB wishes to cooperate with VYEA to develop a comprehensive support ecosystem and accompany in communication, brand development, social security , in order to create long-term and sustainable values for the young business community nationwide.

Mr. Dang Hong Anh - Chairman of the Vietnam Young Entrepreneurs Association affirmed: "The Vietnam Young Entrepreneurs Association is committed to playing an effective role as a bridge in implementing cooperation contents. This cooperation agreement will be implemented strongly and substantially, with specific programs, aiming to bring practical values to both sides."

Mr. Dang Hong Anh - Chairman of Vietnam Young Entrepreneurs Association expressed his hope that the cooperation will bring practical value to all parties, especially VYEA members.

The strategic partnership between MB and VYEA not only connects resources and opportunities, but also creates a solid financial corridor for the generation of young Vietnamese entrepreneurs to reach out in the digital economic era, thereby contributing together to building sustainable development values for the community and the country.

Thuy Linh

Source: https://congthuong.vn/ngan-hang-tmcp-quan-doi-ky-thoa-thuan-hop-tac-voi-hoi-doanh-nhan-tre-viet-nam-384598.html