Assistance Policies For SMEs From Government Of Vietnam

Small and medium-sized enterprises

Assistance Policies For SMEs From Government Of Vietnam

(Last Updated On: January 13, 2021)

Vietnam joined the World Trade Organization (WTO) in 2007, there is an only Business Laws system for both local and foreigner investors to do business in Vietnam, deals with the establishment, organization, restructuring, dissolution, and relevant activities of enterprises, including limited liability companies, joint-stock companies, partnerships, sole proprietorships, and groups of enterprises. Up to 96% of businesses registered in Vietnam are, because of the important role of small and medium-sized enterprises, the same with many other countries, Vietnam has focused on encouraging this type of business to grow, especially since 2018 with the Law for small and medium-sized businesses that provide regulations on principles, contents, and resources of assistance for small and medium-sized enterprises.

Small and medium-sized enterprises

Small and medium-sized enterprises


Special assistance for small and medium-sized enterprises in Vietnam

  1. Assistance in access to credit.
  2. Credit guarantee funds for small and medium-sized enterprises.
  3. The assistance in tax and accounting regimes.
  4. Assistance in production areas.
  5. Assistance in terms of technologies, assistance for incubators, technical establishments and co-space.
  6. Assistance in expansion into markets.
  7. Assistance in access to information, consultancy, and legal issues.
  8. Assistance in developing human resources.
  9. Assistance for SMEs in conversion from household business to SMEs.
  10. Assistance for startups.
  11. Investment in startups.
  12. The assistance for small and medium-sized enterprises joining business clusters and value chains.

As a few business consultants who have been familiar with and understood the local business legal system prior to Vietnam joined the WTO, VIVA has been supporting hundreds of clients in business management and apply these specific preferential policies in an exclusive and efficient manner.



  • VIVA is a business consulting company, specializes in business compliance procedures according to local business laws and regulations since 2006. VIVA has been continuously trusted by thousands of well-known clients since 2006.
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  • We have been successfully providing service for thousands of leading companies from Hong Kong, Japan, US, EU, Singapore, India, China, Korea…. in forms of FDI companies, Foreign representative offices, Foreigner working in Vietnam, Vietnamese SMEs, Chief Operation Officers.
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Read more:

Statutory Audit Of Financial Statements

Internal Audit Plan – Compliance – Tax – Accounting – HR

Internal Labor Regulations Mandatory Requirements In Vietnam

Criteria For Determining SMEs In Vietnam For Applying Preferential Policies From Government

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