Ministry works to implement SME support law effectively Business

Ministry works to implement SME support law effectively

The Ministry of Planning and Investment (MPI) held a workshop in Hanoi on September 19 to provide updates on the Law on Support for Small- and Medium-sized Enterprises and its enforcement in order to solve some of the issues that have arisen during its implementation.
Newly established firms surge 14.6 percent Business

Newly established firms surge 14.6 percent

Vietnam totalled over 105,000 nationwide newly established companies in the first ten months of the year, a year-on-year increase of 14.6 percent, according to the Enterprise Development Agency under the Ministry of Planning and Investment.
Nearly 94,000 new firms set up in nine months Business

Nearly 94,000 new firms set up in nine months

As many as 93,967 new enterprises were set up in the first nine months of this year with total capital of over 902.6 trillion VND (39.7 billion USD), a year-on-year rise of 15.4 percent and 43.5 percent, respectively.
SME law to yield 19 billion USD in taxes Business

SME law to yield 19 billion USD in taxes

The law to support small and medium – sized enterprises (SMEs) will help generate over 19 billion USD in taxes, according to an impact assessment by economic expert Le Duy Binh.
A law for SMEs needed: Chamber of Commerce Business

A law for SMEs needed: Chamber of Commerce

All supporting policies for small-and medium-sized enterprises (SMEs), which account for more than 95 percent of the total Vietnamese enterprises, should be included under one law.
Society

Ministry calls for innovative initiatives for low-income

The Enterprise Development Agency under the Ministry of Planning and Investment invited organisations and individuals to participate in the Inclusive Innovation Project for Low-Income Individuals at a ceremony on February 10.
Business

Clothing trade needs better service centres

Vietnam 's textile and garment businesses should develop their service centres, especially the industry's small- and medium-sized enterprises (SMEs), participants were informed at a workshop held in Hanoi on Oct. 20.