Further interest rate cut proposed to support SMEs

Further interest rate cut proposed to support SMEs

The Ministry of Planning and Investment (MPI) has proposed the government provide further support for Vietnamese small- and medium-sized enterprises (SMEs), including an interest rate reduction of another 2 percentage points per year.
Foreign SMEs pour capital into Vietnam

Foreign SMEs pour capital into Vietnam

Foreign small- and medium-sized enterprises (SMEs) are paying much attention to Vietnam, given the fact that the number of under-1-million USD projects accounted for nearly 70% of the total number of foreign-invested projects registered in Vietnam in the first three months of this year.
SMEs show limited engagement in circular economy

SMEs show limited engagement in circular economy

Vietnamese small- and medium-sized enterprises (SMEs) have showed their limited participation in circular economy for both subjective and objective reasons, mostly related to resources, awareness, capacity and vision for benefits of circular economy, said Director of the Institute for Circular Economy Development (ICED) Asso. Prof. Dr. Nguyen Hong Quan.
Southeast Asian SMEs face cashflow problems: report

Southeast Asian SMEs face cashflow problems: report

Cash flow shortage is a common challenge faced by small- and medium-sized enterprises (SMEs) in Southeast Asia, with 58% of those from Singapore, Malaysia, Thailand and Indonesia reporting their existing cash flow sufficient to sustain their operations for six months, according to a YouBiz report.
Programme seeks to enhance production, business capacity for Vietnames SMEs

Programme seeks to enhance production, business capacity for Vietnames SMEs

Small and medium-sized (SME) enterprises will be assisted in terms of production and business management capacity under the second phase of a programme launched by the Agency for Enterprise Development (AED) under the Ministry of Planning and Investment (MPI).
More cooperation opportunities expected for Vietnamese, Korean SMEs

More cooperation opportunities expected for Vietnamese, Korean SMEs

A forum was held in the central province of Quang Nam to support small- and medium-sized enterprises (SMEs) of the Republic of Korea (RoK) to expand investment and business opportunities in Vietnam.
Digital transformation an urgent need for SMEs

Digital transformation an urgent need for SMEs

Digital transformation has been seen as an urgent need to help link small and medium-sized enterprises (SMEs) with global trends.
Measures sought to speed up digital transformation in SMEs

Measures sought to speed up digital transformation in SMEs

A forum discussing ways to help small- and medium-sized enterprises (SMEs) to accelerate digital transformation took place in Hanoi on November 9.
Many difficulties in implementing Credit Guarantee Fund for SMEs

Many difficulties in implementing Credit Guarantee Fund for SMEs

VCN – After four years of implementing Decree 34/2018/QD-TTg on the establishment, organization and operations of the Credit Guarantee Fund for small and medium enterprises (SMEs), many difficulties and problems have been revealed and need to be removed.
Clarifying shortcomings in the implementation of credit guarantees for SMEs

Clarifying shortcomings in the implementation of credit guarantees for SMEs

VCN – A workshop to review the establishment, management and operation of the Credit Guarantee Fund for small and medium-sized enterprises (SMEs) under Decree 34/2018/ND-CP was jointly held by the Department of Banking and Financial Institutions (Ministry
Forum connects Vietnamese SMEs network with OV businesses in Thailand

Forum connects Vietnamese SMEs network with OV businesses in Thailand

The State Committee for Overseas Vietnamese under the Ministry of Foreign Affairs, in collaboration with the Vietnam Small and Medium Enterprises Association (VINASME), held a forum on July 11 connecting overseas Vietnamese businesses in Thailand and Hanoi.
Not all SMEs on right track digitally

Not all SMEs on right track digitally

Digital transformation is the key to competitive advantage in the age of technology-driven business, but few small- and medium-sized enterprises (SMEs) are doing it the right way.
Higher coverage helps SMEs recover faster

Higher coverage helps SMEs recover faster

The Law on Support for Small- and Medium-sized Enterprises (SME) took effect on January 1, 2018, but its programmes have not provided adequate coverage to make any big difference.
GDP forecast to surge 30 billion USD through digital transformation of SMEs

GDP forecast to surge 30 billion USD through digital transformation of SMEs

Vietnam’s gross domestic product (GDP) is projected to surge by 30 billion USD if the country succeeds in its digital transformation of small- and medium-sized enterprises (SMEs), an official has said.
Customs supports SMEs during pandemic

Customs supports SMEs during pandemic

VCN - Small and medium enterprises (SME)make great contributions to the economy, including import and export activities, but they are also those who are most affected by the Covid-19 pandemic.
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