#SMEs

PSNews - Recently, speaking at the 2nd Vietnam - India Business Forum, Vo Van Hoan, Vice Chairman of Ho Chi Minh Municipal People's Committee announced that, the trade turnover between the two countries in 2021 reached 13.2 billion USD, up 36.5% year-on-year.

There are positive signs ahead for Vietnamese small and medium-sized enterprises (SMEs), particularly as several foreign organisations have actively injected their money into local businesses showing a resilient recovery this year.

About 600 small and medium-sized enterprises (SMEs) in Vietnam will get support in applying technology solutions to improve labour productivity and their competitiveness as part of a project launched on July 22 by the World Bank (WB).

The Government has been urged to develop a legal framework for the Small- and Medium-sized Enterprises (SMEs) Development Fund in terms of direct lending, in addition to trust and indirect lending services provided through commercial banks, to provide broader access to soft loans by SMEs.

PSNews - Vietnam, in collaboration with the International Telecommunication Union (ITU), will host the ITU Digital World 2020, a global tech event for governments, corporates and tech SMEs on October 20 – 22,  on a technology platform developed by Vietnam.

Four major banks of Thailand have decided to cut their minimum retail rate (MRR) by 0.25 percentage point to help lower financial costs of small and medium enterprises (SMEs), increase their competitiveness and support the Thai economy.

PSNews - The Asian Development Bank (ADB) has received $20.19 million from the Women Entrepreneurs Finance Initiative (We-Fi) to support women-led small and medium-sized enterprises (WSMEs) to access critical financing and training in Viet Nam and the Pacific.

A survey by the General Statistics Office, Vietnam had nearly 518,000 enterprises by Jan 1, 2017. SMEs reported the highest expansion in number while FDI firms attracted the greatest deal of workers.

An international expert on ASEAN trade has underlined the importance of application of digital technology to help Vietnamese small- and medium-sized enterprises (SMEs) and startups join global value chain.

The equitisation plans of eight State-owned enterprises (SOE) were approved in the first half of 2018, with a total value of VND29.37 trillion (US$1.29 billion), including more than VND15.16 trillion (US$667.04 million) of State capital, the Ministry of Finance has reported.

Vietnamese small-and medium-sized enterprises (SMEs) are focusing more and more on international trade via e-commerce.

Support provided to small and medium-sized enterprises (SMEs) will not be in cash, but rather take the form of favourable conditions in order for SMEs to grow, Deputy Minister of Planning and Investment Dang Huy Dong has said.

Brand building must be the core of small-and medium-sized enterprises’ (SMEs) competition strategies going into the fourth industrial revolution, experts said at conference in Hanoi on January 16.