Ride economic recovery to market success, SMEs urged, News, News, AsiaOne Business News

Workers make small motors at a factory run by the Mabuchi Motor Viet Nam Co. in Dong Nai Province. Small and medium–sized enterprises have been urged to improve their competitiveness to grab opportunities thrown up by the emerging economic recovery.

HA NOI – Small and medium-sized enterprises (SMEs) have been urged to improve their competitiveness amid rapid global integration, to grab opportunities as signs of economic recovery are already emerging in 2015.

Thuy pointed out that SMEs were encountering problems of credit difficulties, small capital scales, outdated technologies and weak management capacity, despite their large contribution to the economy in the 2009-12 period.

 

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