Mark Horner

The SME Market in Ninh Bình

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: Ninh Bình 
The  SME Market in Ninh Bình
Image: Adobe Stock efired #255872425

Ninh Bình is a province of Vietnam, in the Red River Delta region of the northern part of the country. The province is famous for a high density of natural and cultural attractions, including reserved parks in Cúc Phương National Park and Vân Long, grotto caves and rivers in Tràng An, Tam Cốc-Bích Động and Múa Caves, historic monuments in the Hoa Lư ancient capital, Vietnam's largest buddhist worshiping complex, and the Phát Diệm Cathedral with "eclectic architectural style". Thanks to its adjacency to Hanoi, day trips from the capital are easily manageable.

How big is the SME Market in Ninh Bình?

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

Ninh Bình Province has a population of over 1,120,000 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.

Red River Delta Vietnam