Small and medium-sized enterprises contribute significantly to country’s growth

Small and medium-sized enterprises in Vietnam, with its outstanding development in both quantity and quality during the past few years, have made a significant contribution to the country’s growth and State budget.

Non-State economic sector contributes one-fifth of Hanoi's GDP

The non-State economic sector, which comprises private, collective and household businesses, now represents 21 percent of Hanoi's gross domestic product (GDP) and is enjoying rapid growth.

Garment sector lures more foreign investors

Vietnam has licensed a number of foreign direct investment (FDI) projects in the garment and textile sector, mostly specialising in weaving and dying. These projects will help the sector better deal with material supplies in the coming years.