Updated admission criteria to make NIC more accessible

Updated admission criteria to make NIC more accessible

A set of criteria drafted by Vietnam’s National Innovation Centre is hoped to favour startups and small- and medium-sized enterprises, helping them to easily enter the centre and access a plethora of government incentives.
PM asks ministries to ensure SME support policies

PM asks ministries to ensure SME support policies

Prime Minister Nguyen Xuan Phuc has asked relevant ministries, localities and organisations to increase the enforcement of the Law on Supporting Small and Medium - Sized Enterprises (SMEs) to create favourable conditions for them to overcome the difficult time and develop their business.
Survey: 71 pct. of hospitality firms see Q1 revenue down over 30 pct

Survey: 71 pct. of hospitality firms see Q1 revenue down over 30 pct

Seventy-one percent of enterprises in the hospitality industry responding to a recent survey said their revenue in the first quarter of 2020 fell more than 30 percent against the same period last year because of the COVID-19 pandemic.
National conference to tackle obstacles facing enterprises during pandemic

National conference to tackle obstacles facing enterprises during pandemic

A national conference between the Prime Minister and enterprises is to be organised soon to identify ways to address the difficulties facing businesses and facilitating their operations amid the COVID-19 outbreak.
Improving access to resources critical for SME development

Improving access to resources critical for SME development

Access to resources was vital for the development of of small- and medium-sized enterprises (SMEs), according to the Ministry of Planning and Investment.
Ministry told to take initiative in solving development conundrums

Ministry told to take initiative in solving development conundrums

Prime Minister Nguyen Xuan Phuc emphasised the important role of the Ministry of Planning and Investment (MPI) and asked it to take the initiative in solving development conundrums while addressing a conference in Hanoi on January 9.
Ha Nam province pledges more support for FDI firms

Ha Nam province pledges more support for FDI firms

Leaders of northern Ha Nam province had a meeting with nearly 300 foreign direct investment (FDI) businesses on January 9 to inform them about local development achievements and listen to their opinions to facilitate the firms’ operations.
Central bank says small companies should be able to access bank loans

Central bank says small companies should be able to access bank loans

A conference meant to link up banks with companies in the Mekong Delta was held in Can Tho City on August as part of efforts to ease the difficulties small and medium-sized enterprises in the region have in accessing credit.
Venture investment for innovation

Venture investment for innovation

With policies to encourage investment in the innovative projects of small- and medium-sized enterprises and startups, Vietnam expects to welcome a strong wave of venture investment.
PM issues directive to provide support for SMEs

PM issues directive to provide support for SMEs

Prime Minister Nguyen Xuan Phuc has issued a directive on implementation of the Law on Support for Small- and Medium-sized Enterprises (SMEs).
SMEs’ access to credit: Better, but not enough

SMEs’ access to credit: Better, but not enough

Small- and medium-sized enterprises (SMEs) have been highly conducive to economic development in Viet Nam as they significantly contribute to job creation, export promotion, growth generation and poverty reduction.