The impact of government policies on the development of small- and medium-sized enterprises: the case of Vietnam Online publication date: Sat, 30-Aug-2014
by Nguyen Thanh Nguyen; Winai Wongsurawat
J. for International Business and Entrepreneurship Development (JIBED), Vol. 6, No. 2, 2012
Abstract: This paper studies the impact of the Vietnamese Government's support policies on the development of small- and medium-sized enterprises (SMEs) by surveying enterprise leaders. It investigates the effectiveness of the policies and measures the relationship between the policies and the performance of SMEs. Statisticians distributed and collected more than 500 questionnaires along with feedbacks from enterprise leaders. SPSS was used to test hypotheses about the impact and relationship between the policies and the performance of the surveyed enterprises. Among the 13 support policies, seven (roads, electricity, telecommunications, Internet, tax reduction/deduction, loans, and property rights) had a positive impact on the performance of SMEs. All proposed policies had moderate to weak relationship with the enterprises' performance. The research results provide objective insight for policy makers and the central and local government about their policies' effectiveness.
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