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VietNamNews

SME owners determined to succeed

Update: May, 21/2013 - 09:41

Up to 92 per cent of Vietnamese people in business think that the current economic situation is the largest barrier to establishing companies, followed by challenging administrative procedures (agreed by 83 per cent) and the overwhelming power of some big players in the market (agreed by 77 per cent).— Photo phapluatvn

HA NOI (VNS)— The latest survey from Regus, the world's largest provider of work places, shows that up to 89 per cent of Vietnamese entrepreneurs from small and medium-sized enterprises (SMEs) would continue to pursue a business career if they had a chance to redo things.

The survey questioned 26,000 managers and entrepreneurs in 90 countries. The global average of the same index is 85 per cent. Accordingly, regardless of the current challenges that Vietnamese SMEs face, it seems that the entrepreneurs are still determined to develop their own businesses.

Up to 92 per cent of Vietnamese people in business think that the current economic situation is the largest barrier to establishing companies, followed by challenging administrative procedures (agreed by 83 per cent) and the overwhelming power of some big players in the market (agreed by 77 per cent).

More than half of Vietnamese respondents also mentioned the restrictions in approaching capital sources and lack of Government support as severe obstacles for developing a business.

Serge Dupaux, director of Regus Viet Nam, said that Vietnamese SMEs were playing a more important role in the current economic situation as large enterprises were experiencing some withdrawals in the market.

Meanwhile, Nguyen Xuan Anh, chief executive officer of Deli International Solutions, said that SMEs with simple organisational structures and high adaptability would play a key role in stimulating the economy. — VNS



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