Mark Horner
The SME Market in Lạng Sơn
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.
Lạng Sơn is a province in far northern Vietnam. Its capital is also called Lạng Sơn, which is a strategically important town at the border with China and is 137 kilometres north-east of Hanoi connected by rail and road.
How big is the SME Market in Lạng Sơn?
Small and medium-size enterprises play an important role in the economy of Lạng Sơn Province. They outnumber large firms considerably, employ large numbers of people and are entrepreneurial in nature, helping to shape innovation and support local communities.
Lạng Sơn Province has a population of over 759,000 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.