E ISSN: 2583-049X

International Journal of Advanced Multidisciplinary Research and Studies

Volume 4, Issue 2, 2024

Development Solutions of Microfinance Institutions in Vietnam in the Condition of Integration

Author(s): Pham Thi Thu Thuy, Pham Thuy Duong


A microfinance institution is a type of credit institution that carries out a number of professional activities such as banking to meet the needs of individuals, low-income households and small businesses. In Vietnam, microfinance activities have been recognized as an effective tool to promote the process of hunger eradication and poverty reduction, contributing significantly to reducing the rate of poor households in Vietnam. Therefore, developing microfinance institutions in particular and the microfinance market in general can be considered an important solution in hunger eradication, poverty reduction and business development in Vietnam under current conditions. integration. In this article, the authors have mentioned the current situation of microfinance institutions, raised existing problems in the operations of microfinance institutions in Vietnam today and proposed some solutions to develop microfinance institutions in the context of economic integration.

Keywords: Microfinance, Integration

Pages: 556-560

Download Full Article: Click Here