SMEs

Update news SMEs

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.

Vietnam firms seeking e-wisdom

 VietNamNet Bridge – To build a successful mobile website, choosing a suitable domain name is the first priority, said Luong Thi Thanh Huong, managing director of the Mat Bao Network joint-stock company at a seminar in Quang Ninh Province

Gov't can't tell firms what to do: Deputy PM

 VietNamNet Bridge – Deputy Prime Minister Hoang Trung Hai says enterprises should utilise opportunities when the country joins the Trans-Pacific Partnership Agreement (TPP), Tuoi Tre (Youth) newspaper interviews.

Businesses lack legal knowledge

 VietNamNet Bridge – To Hoai Nam, vice chairman of the Viet Nam Association of SMEs, spoke to the newspaper Thoi bao Kinh te Viet Nam (Viet Nam Economic Times) about a lack of legal information.

Many small enterprises hit the wall

 VietNamNet Bridge – For the first four months of this year, 3,249 small enterprises have closed their business, and 19,000 others temporarily stopped operations,

BUSINESS IN BRIEF 8/3

Rice exporters worry as competition grows; HCM City SMEs need support to borrow from banks; HSBC predicts further OMO rate cut soon; E-commerce sites attract more corporate clients; Listed firms seek investment equality

Investment promotion zeros in on specific targets

VietNamNet Bridge – Do Nhat Hoang, director of the Ministry of Planning and Investment’s Foreign Investment Agency spoke to VIR about new points in the investment promotion strategy this year to improve

BUSINESS IN BRIEF 10/2

Exports to Canada pick up nearly 35%; Changes in investment promotion in 2015; Experts float ideas for tra fish industry changes; Vingroup builds Hai Phong complex; Wood product exports continue to grow

BUSINESS IN BRIEF 29/1

Former Ocean Bank chief arrested for economic fraud; Agro, forestry, seafood exports down; Collect $2.4b in arrears, Gov't told; FPT Software targets $1b in 2015 revenue; HCM City targets surge in retail sales; Second-home segment bouncing back

SMEs hampered by credit barriers

 VietNamNet Bridge – Several weaknesses prevent SMEs from accessing long-term loans, Hoang Viet Trung, deputy director of the SBV branch in Ha Noi, tells Kinh te&Do thi (Economic and Urban Affairs).

BUSINESS IN BRIEF 22/11

 Korea, Hong Kong emerge as major investors; Vietnam hosts largest German networking event; Customs warns of Chinese goods with Vietnam origin; Kumho Asiana eye Tan Van-Nhon Trach road project; C.bank governor’s words ease forex market

SMEs continue to struggle in improving economy

Small- and medium-sized enterprises still face “special difficulties” even though the national economy has improved in the last 10 months, according to a National Finance Supervisory Council’s report.

BUSINESS IN BRIEF 16/10

Central region takes biofuel lead; Experts urge gradual consumption tax hike; Vietnamese choose fresh fruit over other snacks; HCM City to host packaging, processing, rubber expos; FDI enterprises reduce, cut losses in HCMC