Mark Horner

The SME Market in Thái 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: Thái Bình 
The  SME Market in Thái Bình
Image: Adobe Stock ducvien #189306663

Thái Bình is a coastal eastern province in the Red River Delta region of northern Vietnam. Its name is Sino-Vietnamese for "great peace." Pacific Province.

How big is the SME Market in Thái Bình?

Small and medium-size enterprises play a hugely important role in the economy of Thái 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.

Thái Bình Province has a population of over 1,942,000 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