Project Description
This project is designed to support Viet Nam to deepen Movables Finance Market, including Supply Chain Finance. It will includer 3 components:
1. Component 1: Further improvement in regulations, policies, and guidance on movables finance & SCF: This component will support to enhance regulations, policies, and guidance on movables finance, including SCF, factoring, and warehouse finance.
2. Component 2: Deepening SCF third-party support services: This component is to promote the operations of SCF enablers (3rd party support services), such as SCF e-platforms, Collateral Management Companies (CMCs), ESG rating services providers (on SCF suppliers), and supporting the development of non-deposit-taking lenders (NDTLs) which are key forces and innovators in the more advanced SCF markets but hardly existing in Viet Nam.
3. Component 3: Capacity building for movables finance & SCF market players: This is to provide capacity-building for regulators, banks, fintechs, finance companies (NDTLs), judicial authorities, etc., in movable finance & SCF.