SMEs | Vietdata Research

Thousands of businesses temporarily shut during the first quarter of 2023

A survey by the HCM City Business Association showed 83, out of 100 businesses, are currently struggling to stay afloat.

Increasing credit growth targets by 1.5-2% for entire system of credit institutions

On December 5, 2022 the State Bank of Vietnam (SBV) decided to adjust the credit growth targets for 2022 with a further increase of 1.5%-2%

The e-commerce market dominance accounts for 51 percent of online spending

Vietnamese digital consumers use more platforms, with the dominance of the e-commerce market accounting for 51 percent of online spending

Vietnamese start-ups raised a record 1.4 billion USD and set the top in Southeast Asia

Venture investors are eyeing Vietnam as the latest destination for their capital, according to an article posted on asianinvestor.net.

SBV has given credit room extensions, but capital is being released in dribs and drabs

SBV has given credit room extensions to some commercial banks, paving the way for more money to be pumped into the economy.