Update news SMEs

Vietnamese SMEs near breaking point: report

Small- and medium-sized enterprises (SMEs) in Vietnam are almost too frail to weather difficulties, the Ministry of Planning and Investment said in a recent report.

Smaller businesses continue to bemoan strict lending criteria

Despite falling interest rates, approximately a quarter of Vietnam’s small- and medium-sized enterprises are still grappling with capital access challenges.

Foreign SMEs pour capital into Vietnam

Foreign SMEs are paying much attention to Vietnam, given the fact that the number of under-$1-million projects accounted for nearly 70% of the total number of foreign-invested projects registered in Vietnam in Q1/2023.

Enterprises have land but cannot build factories

New projects in industrial zones cannot get land-use rights certificates. So, they cannot mortgage the land for bank loans, ask for permission to build factories on the land or join the city’s demand stimulus program.

Vietnamese small, medium-sized firms carrying out digital transformation

Although more than 90 percent of manufacturers in Vietnam are still in small and medium enterprises, they have performed digital transformation strongly, which also impacts the country's economic growth beneficially.

Online exports of local SMEs expand by more than 45% on Amazon

The export value of Vietnamese small and medium enterprises (SMEs) through Amazon’s e-commerce platform enjoyed a high growth rate of over 45% last year, according to figures released by Amazon Global Selling.

Agencies write laws to help SMEs but lack information about the businesses

Some content needs to be more clearly quantified to better assess the effectiveness of these activities and the feasibility of regulations on SMEs.

Government plans to rearrange state-owned enterprises till 2025

Deputy Prime Minister Le Minh Khai has signed a decision approving a plan of rearrangement of state-owned enterprises for the period of 2022-2025 in the form of one-member limited company, equitization, re-arrangement and divestment.

Digital transformation essential for enterprises' viability and growth

Deputy Minister of Information and Communications Nguyen Huy Dung asserted that digital platforms must make technologies accessible to SMEs as basic utilities to the public.

Vietnamese businesses adopt ESG standards

ESG (E-Environmental; S-Social; G-Governance) standards remain unfamiliar to many Vietnamese businesses.

SMEs’ financial woes

Due to their limited financial capacity, low tolerance and responsiveness in a turbulent economy and uncertain business prospects, small and medium-sized enterprises (SMEs) find it hard to gain access to bank loans.

Vietnam set to become next digital tiger in Asia

Vietnam is expected to become the next digital tiger in Asia as the country pushes forward with its digital transformation strategies.

Vietnam needs to develop fintech services for SMEs

Vietnam needs to develop financial technology (fintech) services for small- and medium-sized enterprises (SMEs), according to experts.

Digital transformation: action and breakthrough results

During the time supply chains were disrupted because of the Covid-19 pandemic, Vietnam's wood and furniture industry still maintained its market share and even surpassed rivals to become the largest wood exporter to the US.

Vietnamese businesses on way to recovery after pandemic

Meta’s survey shows that small and medium enterprises in Vietnam are affected by the new Covid-19 strain, but optimistic signals are revealed.

Vietnamese businesses on way to recovery after pandemic

Meta’s survey shows that small and medium enterprises (SMEs) in Vietnam are affected by the new Covid-19 strain, but optimistic signals are revealed.

Vietnamese SMEs to increase online exports

Many small and medium-sized enterprises (SMEs) plan to increase cross-border trade for their products via e-commerce platforms to promote exports in the context of the COVID-19 pandemic.

SME digitalization: attend to the initial, small steps

Digital transformation has always been a tumbling block for small and medium enterprises (SMEs) as they often aim high while having limited financial resources and manpower.

MIC and 27 enterprises to help SMEs go digital

With the goal of turning digital technology into the input factor for production, MIC and 27 enterprises with excellent digital platforms have signed contracts to help SMEs go digital in 2022.

70% of Vietnamese SMEs stand outside the digital economy

Nguyen Van Than, Chairman of the Vietnam Association of Small and Medium-sized Enterprises, said up to 70% of Vietnamese small and medium enterprises are outside the digital economy, and only about 20% are learning about it.