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.
E-commerce offers businesses, especially small and medium-sized enterprises a direct reach to international customers, boosts their sales, speeds up the marketing process and saves costs.
Enterprises, especially small and medium-sized ones and start-ups, need to enhance financial transparency and connect with banks if they want to obtain loans.
Small and medium sized enterprises (SMEs) are finding it difficult to access the government''s credit package worth VNĐ250 trillion (US$10.7 billion) to support those affected by the COVID-19 outbreak because of a lack of trust in their ability to repay.
The Ministry of Industry and Trade (MoIT) issued requirements for individuals and organisations who wish to join the network of consultants for small and medium-sized enterprises (SMEs).
The Ministry of Finance has issued a plan to provide legal consultancies to small- and medium-sized enterprises (SMEs) this year with focus on tax, customs, securities, price and insurance regulations.
Access to resources was vital for the development of of small- and medium-sized enterprises (SMEs), according to the Ministry of Planning and Investment.
HCM City has a number of organisations providing assistance and consultancy to small and medium-sized enterprises while banks offer loans on easy terms, but they do not make use of either the consultancy or loans.
The firms enjoying the credit guarantee funds also includes the SMEs who suffer losses of finance and assets caused by natural disasters and those who go bankrupt in accordance with current law.
About 500,000 employees of small- and medium-sized enterprises (SMEs) will gain access to digital technology under a strategic co-operation agreement between Google and the Ministry of Industry and Trade (MoIT).
According to Viet Nam Chamber of Commerce and Industry (VCCI), up to 70 per cent of small and medium sized enterprises (SMEs) have had difficulties in getting loans due to not meeting the requirements of lenders.
The Fund for Development of Small and Medium-sized Enterprises (SMEs) will be established and start operation in July, according to a recently-issued decree.
SMEs play a significant role in the country’s socio-economic development, creating 1.2 million jobs and contributing more than 40 per cent of gross domestic product
Small- and medium- sized enterprises (SMEs) in Viet Nam are making initial investments in cloud computing, cybersecurity and software and hardware upgrades, as a large majority of them begin their digital transformation journeys.
Vietnam News Agency’s Television Centre (Vnews), in collaboration with the Viet Nam Association of Small and Medium Enterprises (VINASME), introduced a new programme to support small- and medium-sized enterprises (SMEs) at a ceremony on Saturday.