Mark Horner
The SME Market in Đà Nẵng City
What is a Small to Medium Enterprise?
Small and medium enterprises (SMEs) are businesses that maintain revenues, assets or a number of employees between certain thresholds. Each country has its own definition of what constitutes a small and medium-sized enterprise (SME). Small and medium-sized enterprises in Asia are businesses with no more than 500 employees.
Da Nang is a class-1 municipality and the fifth-largest city in Vietnam by municipal population. It is the third largest city in Vietnam by urban population, and it is considered as the third city of Vietnam. It lies on the coast of the South China Sea at the mouth of the Hàn River, and is one of Vietnam's most important port cities. As one of the country's five direct-controlled municipalities, it falls under the administration of the central government.
How big is the SME Market in Đà Nẵng City?
Small and medium-size enterprises play a hugely important role in the economy of Đà Nẵng City. They outnumber large firms considerably, employ vast numbers of people and are entrepreneurial in nature, helping to shape innovation and support local communities.
Đà Nẵng City has a population of over 1,134,000 people.
What help is available for SMEs?
Help for small and medium enterprises (SMEs) includes virtual peer-to-peer advisory boards. With our blended model utilising Zoom and supplemented by in person meetings we are able to support and grow businesses anywhere in the world. Our growing network of Regional Directors ensure that we have suitable people to help you whatever your language or time zone.