Solutions To Develop Small And Medium-Sized Enterprises In Phu Tho Province In The Present Time

Abstract

During the renewal process in Vietnam, small and medium-sized enterprises are playing an important role that is to contribute to preserving and developing traditional industries and create numerous jobs. It is also the biggest business school for most entrepreneurs before moving on to expand the scale of their business. Accounting for over 97% of the existing enterprises nationwide, small and medium-sized enterprises are operating in an unfavorable economic environment at both the macro and micro levels. They are facing lots of difficulties in production technology, management models, progress, skills of the leadership team and workers, product marketing methods, especially little access to information and financial services, investment capital, etc.

In order to contribute to promoting the establishment and development of small and medium-sized enterprises in Phu Tho province, and maximize the potentials of capital, labor, premises, production, etc. among the public, it is necessary to clarify the current situation of local small and medium-sized enterprises, thereby offering some key solutions to effectively support such establishment and development.