According to the Ministry of Finance, as of late 2024, Vietnam had over 940,000 operating enterprises, with nearly 98% being SMEs—the driving force behind economic growth. However, most of these businesses face challenges, especially in accessing capital and financial services, which impacts their ability to expand, enhance competitiveness, and achieve sustainable development.
Flexibility in Capital for Business Growth
To timely meet the capital needs of SMEs and business households, Shinhan Bank has launched two loan packages: the Working Capital Supplement Loan and the Business Investment Loan.
With preferential interest rates starting from 4.75%/year (*), financing of up to 100% of capital needs, no early repayment fees, and quick and simple approval processes, the Working Capital Supplement Loan offers a short-term credit solution, providing timely capital for businesses’ annual operating cycles.
For the Business Investment Loan, customers can choose one of three attractive interest rates: a fixed rate of 5.9%/year for 12 months, 6.1%/year for 24 months, or 6.5%/year for 36 months (*). Financing of up to 80% of capital needs is offered, with a loan period of up to 180 months and diverse loan purposes. This financial solution provides an efficient medium to long-term capital source for individuals and businesses looking to expand their production and business operations.
(*) Terms and conditions apply. Please refer to https://shinhan.com.vn/vi/shinhan_soho_category/vay-tai-tro-kinh-doanh-2.html for more information.
Diverse Payment Solutions for SME Customers
In April 2025, Shinhan Bank officially launched its POS machine payment service, supporting various payment methods such as cards (Visa, MasterCard, NAPAS), contactless payments (NFC), and QR code payments. This service helps businesses and business households improve operational efficiency, reduce cash management costs, and mitigate risks associated with manual operations. The new-generation Smart POS PAX A910S machine is compact, easy to use, wireless, and hassle-free to install, allowing businesses to efficiently manage their cash flow and flexibly integrate with their sales software.
Customers who sign up for Shinhan Bank’s POS payment service will enjoy a cashback of 0.2%/machine/month on total transactions, up to VND 3 million in the first three months, along with free installation and a 12-month warranty. Additionally, customers will be eligible for preferential POS machine usage fees when they reach a transaction turnover of VND 100 million/month/machine.
Enhancing customer experience with diverse payment methods through the new-generation POS machines
The bank has also recently introduced two new credit card lines: Shinhan SME and Shinhan Business Owner, specially designed to cater to the financial needs of small and medium-sized enterprises, as well as business owners and private enterprises. Both card lines offer superior benefits, enabling customers to efficiently manage their finances, optimize spending and reward points accumulation, and enjoy premium services. This is part of Shinhan Bank’s strategy to develop comprehensive financial solutions for the SME customer segment, thereby enhancing the payment experience and encouraging card transactions.
Shinhan SME and Shinhan Business Owner credit cards offer rewarding point accumulation for key spending categories, catering to the unique financial needs of customers in terms of payment and receipt.
Effective Cash Management with Shinhan CMS
Shinhan Bank has also launched its Cash Management Service (CMS), with QR Pay as a core solution. QR Pay offers QR payment options through POS machines and supports comprehensive services, including real-time transaction notifications and refund processes. With Shinhan Bank’s QR Pay, businesses can integrate QR Pay with their internal systems or use Shinhan Bank’s web platform, ‘Shinhan CMS,’ to monitor transactions in real time and manage payments more systematically.
With a comprehensive ecosystem of financial products and services designed to flexibly meet the unique needs of SMEs and business households, Shinhan Bank is committed to accompanying customers on their journey towards sustainable development, from their initial steps to expansion. This commitment underscores Shinhan Bank’s relentless efforts to support and foster the growth of Vietnam’s business community.
Recently, Shinhan Bank collaborated with Lotte Mart Vietnam to launch the “QR Payment for a Chance to Win an iPhone 16 Pro Max” promotion, with a total prize value of over VND 400 million.
Participate in QR scanning and payment to instantly win an iPhone 16 Pro Max
From April 24, 2025, to May 23, 2025, when shopping and paying via QR code on the Shinhan SOL Vietnam application (“SOL app”) of Shinhan Bank at 15 Lotte Mart supermarkets nationwide, customers will instantly receive a lucky draw code for a chance to win an iPhone 16 Pro Max 256G, AirPod 4 headphones, or Lotte Mart gift cards.
The prize structure includes: 10 First Prizes: iPhone 16 Pro Max 256G, 10 Second Prizes: AirPod 4 MXP63ZP/A headphones, and 30 Third Prizes: Lotte Mart gift cards.
Unleashing Financial and Digital Solutions for SMEs: VIB’s Revolutionary Approach
International Bank (VIB), in collaboration with its partners Visa and Vietnam Payment Solutions Joint Stock Company (VNPAY), is proud to unveil a comprehensive financial and digitization solution designed specifically to empower Vietnamese small and medium-sized enterprises (SMEs) to enhance their governance, optimize their operations, and drive sustainable growth.
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