Issues of Vietnam’s SMEs after joining the WTO

Authors

  • Irina Nikolaevna Platonova Moscow State Institute of International Relations (University) MFA Russia
  • Tran Hai Nga Pham Moscow State Institute of International Relations (University) MFA Russia

Keywords:

Vietnam, economy, WTO accession, small and medium enterprises, localization of production, competitiveness

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.

Author Biographies

Irina Nikolaevna Platonova , Moscow State Institute of International Relations (University) MFA Russia

Doctor of Economic Sciences, Professor

Place of work, post: Moscow State Institute of International Relations (University) MFA Russia, Department of International Economic Relations and Foreign Relations - the Head

Tran Hai Nga Pham , Moscow State Institute of International Relations (University) MFA Russia

Place of work, post: Moscow State Institute of International Relations (University) MFA Russia, Department of International Economic Relations and Foreign Relations - Postgraduate student

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Published

2024-02-08

How to Cite

Platonova , I. N., & Pham , T. H. N. (2024). Issues of Vietnam’s SMEs after joining the WTO. Russian Foreign Economic Journal, (12), 8–17. Retrieved from https://journal.vavt.ru/rfej/article/view/2274

Issue

No. 12 (2016)

Section

World economy