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Issues of Vietnam’s SMEs after joining the WTO

Author

Listed:
  • Irina Nikolaevna Platonova

    (Moscow State Institute of International Relations (University), Russia)

  • Pham Tran Hai Nga

    (Moscow State Institute of International Relations (University), Russia)

Abstract

This article examines the impact of Vietnam's accession to the WTO for the development of small and medium-sized enterprises (SMEs), which face increasing competition due to the liberalization of access to the Vietnamese market for foreign companies. Based on the analysis of dynamics change and the qualitative characteristics of SMEs, their role in providing jobs, income and well-being increase of the population of Vietnam is revealed. The importance of SMEs in increasing localization of components and auxiliary materials while reducing their imports to improve the competitiveness of Vietnamese exports is justified.

Suggested Citation

  • Irina Nikolaevna Platonova & Pham Tran Hai Nga, 2016. "Issues of Vietnam’s SMEs after joining the WTO," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 12, pages 8-17, December.
    • Handle: RePEc:alq:rufejo:rfej_2016_12_8-17
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