SMEs

Update news SMEs

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

BUSINESS IN BRIEF 12/10

PetroVietnam surpasses goal for 9-month revenue; Belgian sweets maker opens research centre; Ministry backs State funding for Vung Ang EZ; MoF to create 26 investment funds; BIDV announces profits of 200 million USD

Vietnam optimistic about TPP progress

 VietNamNet Bridge – Deputy Prime Minister Vu Van Ninh recently returned from a visit to the US, where he headed up a Vietnamese delegation lobbying for an early signing of the Trans-Pacific Partnership Agreement.

BUSINESS IN BRIEF 11/9

Vietnam sees slight rise in rice exports in August; Second turbine at Vinh Tan power plant generates power; Automobile sales increase for 17 consecutive months

New SME support law takes note of Japanese, S Korean experiences

 VietNamNet Bridge – Director of the Ministry of Planning and Investment's Enterprise Development Department Ho Sy Hung spoke with Hai Quan about a development plan to support SMEs

BUSINESS IN BRIEF 13/7

 Vietnam’s first exchange-traded fund makes debut; PM approves HCM City master plan; Sabeco seeks to lower State stake; Over half the securities companies suffer from losses; Apartment sector recovery continues

New circular may not help SMEs

 VietNamNet Bridge – A circular issued by the Ministry of Finance (MoF), set to take effect this Friday, may not succeed in facilitating the provision of credit guarantees to small- and medium-sized enterprises (SMEs).

SMEs deserve a better deal

VietNamNet Bridge – To develop a fair market economy, Viet Nam needs to treat its SMEs better, Nguyen Duc Thanh, director of Viet Nam Centre for Economic and Policy Research, tells Thoi bao Kinh doanh (Business Times). 

Lack of borrowers hurts banking sector

 VietNamNet Bridge – The banking system is plagued by low credit growth, huge liquidity but firms unable to borrow, and difficulty in selling mortgaged assets to liquidate bad loans,

BUSINESS IN BRIEF 14/5

 VN organises cashew-themed ‘rendezvous'; Bank assets value surges in March; ‘Privileged' SMEs suffer credit freeze; Big push planned for VN goods; New TPP round begins in Vietnam

99.9% of Vietnamese enterprises are super small

Of the more than 500,000 operating enterprises in Vietnam, up to 95-96% are small and super-small ones. If household-scaled businesses are added to the statistics, the percentage of small, super-small and micro-enterprises may account for 99.9%.

CPI decline has pros and cons

 VietNamNet Bridge – The country's consumer price index (CPI) in March dropped 0.44 per cent against the previous month, the lowest level recorded during the past decade.

BUSINESS IN BRIEF 7/4

 New pact to yield export benefits; SMEs seek financial support; Denmark increases private sector support; Cement makers fail in energy-saving drive; Lotte Mart expands chain footprint to the capital

BUSINESS IN BRIEF 29/3

 Anti-dumping duty imposed on VN bicycle tyres; Repsol lubricants enter Viet Nam market; Government bonds fetch over 6 trillion VND; Rice exports reach 1.31 million tonnes in Q1

Vietnamese enterprises see light at the end of the tunnel

 VietNamNet Bridge – Viet Nam's economic outlook is better than in previous years. Cao Sy Kiem, president of the Viet Nam Small and Medium Sized Enterprises Association, spoke with the Thoi Bao Kinh Te Viet Nam

SMEs shaken by import ban on older machinery

 VietNamNet Bridge – Despite Vietnam’s call for investment from Japanese small and medium enterprises to develop supporting industries, Japanese investors have complained that unclear regulations limiting the import of used machinery

Mobiles join e-commerce boom

 VietNamNet Bridge – E-Commerce on mobile phones is forecast to see strong growth next year, allowing customers to easily make online purchases, according to Bizweb Viet Nam.

BUSINESS IN BRIEF 26/12

 IFC to invest in Vietnamese SMEs; Wood exports to pick up; Hanoi inaugurates its largest entertainment complex; Vietnam sees higher trade surplus; Vietnam ranks third in shrimp exports

BUSINESS IN BRIEF 6/12

 Three ‘giants' agree on technology solutions; SMEs urged to seize opportunities by FTAs; Economic difficulties still looming; BIDV provides US$5 million for Japanese enterprises