Hoang Anh is a small business specializing in cultural art and craft products. Established in 2012, Hoang Anh has expanded its operations and has three retail outlets in South Vietnam. However, the business has struggled to secure finance for its planned growth in neighboring countries Laos and Cambodia.

(a) Identify two reasons why banks might be reluctant to fund the expansion plans of Hoang An h. 

(b) Explain two problems that Hoang Anh might encounter operating in new overseas markets such as Laos and Cambodia.