SMEs

Update news SMEs

Vietnam to encourage informal sector to pay tax

VietNamNet Bridge - The government needs to take action to reduce the size of the informal economic sector, economists say.

Businesses want to remain small

VietNamNet Bridge - Complicated administrative procedures and weak financial and management capability are why business households do not want to become enterprises.

SMEs pick up short end of supermarket stick

Small and medium sized firms are being crushed and elbowed out in the increasingly fierce competition to become a supermarket supplier.

Great expectations

 Vietnamese SMEs share a common wish that the upcoming APEC meetings will provide a platform for them to better connect with similar enterprises in member economies.

Draft law assisting SMEs not specific enough: deputies

National Assembly (NA) deputies said promulgating the Law on Support for Small-and Medium-sized Enterprises (SMEs) was an urgent task during a discussion on the draft law yesterday.

SMEs seek support to build their own brands

With their limitations in terms of capital, management, technologies and brand building, Vietnamese small and medium-sized enterprises (SMEs) need support to stay afloat amid the country’s global integration, 

Just 3% of bank loans go to SMEs

 VietNamNet Bridge –Only 3% of bank loans have found their way to small and medium enterprises (SMEs), and less than one-third of SMEs have gained access to credit,

MOF proposes tax reduction to rescue SMEs

VietNamNet Bridge - The Ministry of Finance (MOF) has submitted to the government a plan to lower the corporate income tax (CIT) rate to 17 percent for small and medium sized enterprises (SMEs).

Finance Ministry drafts preferential income tax for SMEs

VietNamNet Bridge – The Ministry of Finance is drafting a proposal on corporate income tax applicable for small and medium-sized enterprises (SMEs) in the next five years. 

Law on SMEs not wholly feasible: expert

VietNamNet Bridge – Truong Thanh Duc, an arbitrator from the Viet Nam International Arbitration Centre (VIAC), shares with Hai Quan (Customs) Newspaper his views on the draft Law on Supporting Small and Medium Enterprises. 

Experts want SME law adopted soon

VietNamNet Bridge – Economic and management experts and National Assembly (NA) deputies have called for relevant agencies to quickly improve a draft law on support for small and medium enterprises (SMEs)

SMEs struggle to use digital technology

VietNamNet Bridge – Digital technology plays an important role and has a significant impact on Vietnamese enterprises’ activities.  

Businesses with turnover under $25 million can't access loans

VietNamNet Bridge - Small and medium enterprises (SMEs) find it difficult to get capital from the stock market or banks. They have to pay more for capital costs, because they are not priority subjects in capital contribution.

VN’s small and medium sized enterprises struggle for credit

 VietNamNet Bridge – Rising demand for credit across Vietnam’s private sector is expected to drive bank loan books above the highs recorded last year.

Gov’t mulls aid for supporting industries

 VietNamNet Bridge – The Government is considering allocating VND1.72 trillion (US$76.85 million) for a scheme to boost the development of supporting industries in the 2016-2025 period.

Transport Ministry sets investment rules for Airports Corporation of Vietnam

 The Ministry of Transport has set criteria for the Airports Corporation of Vietnam, whose equitisation process is underway, to select strategic investors.

SMEs to face regional competition

Small and medium-sized enterprises in Viet Nam have paid little attention to the nearing formation of the ASEAN Economic Community, while larger companies with a "national brand name" are actively preparing for the regional integration process.

SMEs to face regional competition

Small and medium-sized enterprises in Viet Nam have paid little attention to the nearing formation of the ASEAN Economic Community, while larger companies with a "national brand name" are actively preparing for the regional integration process.

2016 will still be a hard year for Vietnamese enterprises

 VietNamNet Bridge – Economic experts said the production and business situation in 2016 will not have many new features compared to 2015. It will be still a difficult year for Vietnamese businesses.

Forex knowledge will help SMEs adapt

 VietNamNet Bridge – World-renowned forex educator Mario Singh, who is also founder & CEO of FX1 Academy in Singapore, speaks to Viet Nam News reporter about how forex trading can help Viet Nam's SMEs perform better.