Tuesday, September 13, 2005

Small Business: Vietnam expects to create up to 320,000 SMEs by 2010

Vietnam expects to establish up to 320,000 SMEs by 2010.

The Bureau of Small and Medium Business Development under the Ministry of Planning and Investment, says that 3-6 per cent of these companies will be directly involved in export activities.

Vietnam also plans to simplify regulations in a bid to create favourable conditions for the expansion of business operations.

After what has happened today, I think I am going to move offshore to Vietnam.