Mark Horner

The SME Market in Quảng 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: Đồng Hới 
The  SME Market in Quảng Bình
Image: Photo by Hoang Kha on Unsplash

Quảng Bình, formerly Tiên Bình under the reign of Lê Trung Hưng of the Lê dynasty, is a province along Vietnam's north-central coast. The province is bordered by the North Pacific Ocean to the east. Historically, this region belonged to Văn Lang and later the kingdom of Champa. Later it was claimed by both the Đại Việt and Champa and officially annexed into Đại Việt by Lý Thường Kiệt, a Lý dynasty general.

How big is the SME Market in Quảng Bình?

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

Quảng Bình Province has a population of over 936,600 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.

North Central Vietnam