were affected by the global financial crisis but most of them said
these challenges were temporary.
This is the result
of a survey conducted at SMEs in 10 cities and provinces nationwide,
which was announced at a seminar held in Hanoi on Sept. 17 by the
Central Institute of Economic Management (CIEM) under the Ministry of
Planning and Investment.
Prof. Finn Tarp,
coordinator and supervisor of the survey, said the business environment
of SMEs in Vietnam seemed to worsen between 2007 and 2009, when SMEs
faced more barriers, including the falls in both demands for products
and supply of credits.
The rate of SMEs that
annually survived the crisis dropped, while a large number of other SMEs
were forced to halt operations, said the professor.
However, Tarp said super-small companies suffered fewer impacts from
the crisis than bigger enterprises, as the crisis helped improve their
business conditions, make competition less tough and push the government
to offer them better assistance programmes.
According to the survey, SMEs in Hanoi, Ho Chi Minh city and the central
province of Nghe An were hardest hit by the crisis, while those in the
provinces of Phu Tho, Khanh Hoa and Lam Dong and Hai Phong city suffered
fewer negative influences.
Almost 40 percent of the SMEs facing credit-related difficulties were in rural areas and household businesses in cities.
The survey, the sixth of its kind, was jointly carried out by CIEM,
the Institute of Labour Science and Social Affairs under the
Ministry of Labour, War Invalids and Social Affairs, and the Faculty of
Economics at Copenhagen University./.
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