VIB introduces financial and digital solutions for small and medium enterprises

Faced with challenges in accessing capital, cost management, process optimization and the increasingly urgent need for digital transformation, the solution set is built on the synergy between VIB's financial strength, Visa's global payment network and VNPAY 's technological capabilities, providing a synchronous ecosystem that meets the diverse needs of SMEs.

Financial solutions to elevate Vietnamese businesses

Mr. Ho Van Long, Deputy General Director and Director of Retail Banking Division of VIB , said: "Deeply understanding the pivotal role of SMEs in the Vietnamese economy and the major challenges in accessing capital and financial management, VIB has designed a comprehensive set of financial solutions to accompany and bring optimal benefits to the SME community. This is an integrated financial product ecosystem, covering everything from unlocking capital sources, optimizing cash flow, to supporting digital transformation, helping businesses save time, costs and improve management efficiency as well as competitiveness for sustainable development in the new era".

With this solution set, VIB offers 3 products to meet diverse needs of capital, cost management and effective payment for businesses including: VIB Business Card credit card, working capital supplement loan package - VIB Business Loan and VIB Business digital bank.

VIB Business Card credit card, working capital supplement loan package - VIB Business Loan and VIB Business digital bank are 3 new solutions of VIB for SME businesses.

With many outstanding features, VIB Business Card is not only a payment tool, but also a powerful assistant in business management. The card offers 2 preferential options: free annual fee for life with a credit limit of up to 1 billion VND with an interest-free period of up to 58 days, or unlimited cashback for all expenses.

VIB Business Card also integrates a series of convenient features such as direct payment from linked accounts, flexible statement date selection, minimum payment rate (1-20%) and automatic debit form to suit your needs.

Transactions are recorded and updated in real time via the VIB Business and VIB Corp digital banking applications, helping managers quickly and accurately grasp the spending situation on each card of each employee of the enterprise. Enterprises spending from 500 million VND/year/card will be given unlimited lounge access and FastTrack for cardholders.

For businesses' need to supplement working capital, VIB provides diverse financial solutions, notably a working capital supplement loan package with a maximum loan limit of up to VND 150 billion, interest rates from only 6.7%/year, and a loan ratio of up to 90% of the value of the collateral.

VIB also introduced VIB Business digital bank, helping businesses easily manage accounts and transactions anytime, anywhere. In addition to the features of managing payment limits and spending limits according to the business's decentralized system, VIB Business integrates a trio of technology solutions to help business owners optimize sales activities and operational efficiency: Voice Alert   (voice transaction notification), SoftPOS (turns smartphones into POS machines that accept card payments) and QR Merchant (generates unique QR payment codes for each store).

Solutions to promote digital transformation for SMEs

To promote digital transformation for SMEs, VIB also cooperates with Visa and VNPAY to provide many comprehensive digital solutions.

VIB offers comprehensive financial solutions for SMEs.

With Visa's Business Payment Solution (BPSP) on the VNPAYB2B platform, VIB cardholders can make payments to any payment account of the receiving business even if they have not yet enabled card acceptance. This improves cash flow with attractive discounts for early payment, enhances the ability to control expenses and minimizes business operations, through the application of digitalization and data mining processes.

Businesses can also manage electronic invoices with VNPAY Invoice, a comprehensive solution for issuing, sending, managing and reporting electronic invoices. The system ensures speed, legality, high security and helps businesses significantly reduce costs related to paper invoices.

With the VNeDOC platform, businesses can create, sign and manage digital contracts, documents and texts online. This solution not only optimizes workflow, saves time, printing and shipping costs, but also enhances security and makes information search easy.

The comprehensive financial and digital solutions from VIB, Visa and VNPAY are expected to become a powerful assistant, helping Vietnamese SMEs overcome challenges, optimize from financial management, costs, sales to internal operations, thereby creating momentum for strong and sustainable development in the new era.

Source: https://dantri.com.vn/kinh-doanh/vib-gioi-thieu-bo-giai-phap-tai-chinh-so-hoa-cho-doanh-nghiep-vua-va-nho-20250508225225194.htm