Mark Horner

The SME Market in Đắk Lắk

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.

Capital: Buôn Ma Thuột 
The  SME Market in Đắk Lắk
Image: Nguyễn Văn Thành

Đắk Lắk or Daklak is a province of Vietnam. It is located in Vietnam's Central Highlands, and is home to quite a few indigenous ethnic minorities, such as the Rade, the Jarai and the Mnong, among others.

How big is the SME Market in Đắk Lắk?

Small and medium-size enterprises play a hugely important role in the economy of Đắk Lắk Province. They outnumber large firms considerably, employ vast numbers of people and are entrepreneurial in nature, helping to shape innovation and support local communities.

Đắk Lắk Province has a population of over 2,127,000 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.

Central Highlands Vietnam