Small and medium enterprises (SME)

SMEs policy and regulation

SME export aid measures en route

The Industry Ministry has planned further measures to raise the competitiveness of small and medium-sized enterprises in the export market, says Industry Minister Uttama Savanayana. He said the ministry is working with related government agencies to draft stimulus packages that will help cut costs and ...

Equal, transparent climate necessary for SMEs: PM

Prime Minister Nguyễn Xuân Phúc has underscored the need to create an equal and transparent climate in order to facilitate the operation of small-and medium-sized enterprises. ​​Speaking at the third national congress of the Vietnam Association of SMEs (VINASME) in Hà Nội on December 3, ...

CA$11.9M initiative to boost ASEAN SMEs

Canada is working with ASEAN to deliver an ambitious five-year, CA$11.9 million initiative through a partnership with the Organisation for Economic Co-operation and Development (OECD) to support small and medium enterprises (SMEs) in the region.Keep reading ...

SMEs urged to use digital technology

Vietnamese firms, especially small- and medium-sized enterprises, should take advantage of the power of digital technology to boost sales and improve competitiveness, delegates said at a workshop held in HCM City on November 2. Việt Nam has a high growth rate of internet penetration, with ...

Industrial sector says policy details are needed to ensure economic zones grow

Poor infrastructure, low-quality or unreliable electricity supply, water shortages, inadequate transportation links, and ongoing disagreements with local residents affected by zone development are among the most serious problems developing the country’s industrial sector, experts say. But perhaps the biggest problem, they say, is the lack ...

World Bank funds environmental protection projects

The Environment Protection Fund and the World Bank recently provided funding for the second phase of four environmental and social protection sub-projects in Laos at a cost of more than US$4 million. The first sub-project named Capacity Building for Pollution Control, Waste and Hazardous Chemicals Management ...

Push for more investment in CLMV

Despite the strong economic growth of Cambodia, Laos, Myanmar and Vietnam, very few Thai companies have sought to capitalise on their economies, say government and industry officials. The Industry Ministry’s Department of Industry Promotion found only a few large enterprises such as PTT Plc, the ...

Jack Ma wants to ship Thai farm exports

Prime Minister Prayut Chan-o-cha has asked Jack Ma to support Thai small and medium-sized enterprises as the Alibaba Group’s founder wants the country to export farm products to China and ASEAN through the group. Referring to their meeting in Hangzhou in the night of September ...

Chin State to focus on trade, SMEs and tourism

The Chin State government will focus on developing three main areas of the local economy over the next five years – trade, small and medium enterprises, and tourism – according to the state minister for development, electricity and industry. Local officials will work with the Union ...

Cambodia pushing for more benefits from Mekong integration

The government is seeking to develop ways of increasing the benefit felt by Cambodia from economic corridors opened throughout the Greater Mekong Subregion as part of ASEAN integration, an official has said. The economic corridors are intended to spur economic integration in ASEAN and boost infrastructure ...

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