Vietnam’s National Assembly has passed a law that will support the country’s small and medium-sized enterprises (SME) from January 2019 onward. SMEs must either not exceed a total capital of VND 100 billion (approximately U.S. $4.4 million) or a total revenue of the preceding year of VND 300 billion (approximately U.S. $13.2 million) to be eligible for the various incentives that are planned. Vietnam is aiming to support its SMEs with credit access, with tax and accounting, and with acquiring production space.
Enterprise InnovationWhy not share this article?
