The Overview of SME Development Situation in Ten Cities / Provinces and Some Initial Findings

Le Van Su
JEL codes: 
Central Institute for Economic Management Working Paper

For about twenty years of Doi Moi with the transition to a market based economy, oriented to socialism and consistent realization of multi-sector economic development policies in Vietnam, SMEs have witnessed significant steps in their development, increased very fast in terms of number. It can be said that SMEs have had a very important role in the liberalizing and developing production force, mobilizing internal resources for socio-economic development, making a critical contribution to economic restoration and growth, increase in export value, budget income as well as effectivley addressing social issues such as employment creation, poverty reduction and hunger eradication.