Lagom Vietnam Joint Stock Company had to turn to raising capital from individual shareholders to continue developing plastic waste recycling projects, due to difficulties in accessing capital from green credit from banks and financial institutions

Share this on: Hanoi, Nov 26 2024 - 02:53 PM

Lagom Vietnam Joint Stock Company faced challenges in accessing green credit due to stringent requirements imposed by financial institutions and banks, as well as minimum loan amounts that exceeded the needs of small businesses. As a result, the company had to abandon green credit and turn to raising capital from individual shareholders to continue developing its plastic waste recycling projects.


Lagom Vietnam Joint Stock Company faced challenges in accessing green credit due to stringent requirements imposed by financial institutions and banks, as well as minimum loan amounts that exceeded the needs of small businesses. As a result, the company had to abandon green credit and turn to raising capital from individual shareholders to continue developing its plastic waste recycling projects.



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