Workshop held as part of implementation of Vietnam Microfinance Development Strategy.
The Asian Development Bank (ADB) in cooperation with the State Bank of Vietnam held a consultation workshop on broadening financial inclusion on September 18 in Ho Chi Minh City, drawing some 60 participants from a broad range of stakeholders including concerned agencies, financial institutions, provincial governments, mass organizations, and academia.
The workshop was part of ADB’s efforts following the Microfinance Development Program, which supported the implementation of the Vietnam Microfinance Development Strategy (2011-2020).
The workshop highlighted the need to deepen financial inclusion, aiming for access to a wide range of financial services including savings, credit, remittance, and insurance for all. Greater financial inclusion will improve people’s lives and promote inclusive growth.
It also discussed the impact and progress made by the ADB program supporting the implementation of the Vietnam Microfinance Development Strategy, identifying emerging issues and opportunities for greater financial inclusion supported by the ADB in the future.