Latest News about smes
The Ministry of Finance (MoF) is proposing a regulation that exempts micro and small enterprises from corporate income tax for two years after they have sufficient income subject to taxation.
Supply chain finance is gaining prominence as the global trade instability brings attention to Vietnam and domestic companies seek opportunities to partner with multinational buyers.
According to the government’s report, since more than 81 percent of the country’s public companies have charter capital of over VND30 billion, the revision thus will affect only a minority of firms.
Vietnam is among the top countries attracting FDI in the Asia-Pacific region, but the rate of domestic SMEs participating in the value chains of foreign-invested companies is rather low.
Instead of turning their back to small and medium-sized enterprises (SMEs) as they did in the past, commercial banks are approaching enterprises despite problems in accounting and collateral.
The Ministry of Industry and Trade held a ceremony on Wednesday in Da Nang to release the Viet Nam Import-Export Report 2018.