Vietnam · Country watch
SME Threshold Raised, Nordic-Vietnam Summit
Vietnam raises SME revenue threshold; Nordic-Vietnam summit to boost trade ties.
The picture Improving
Business conditions in Vietnam are improving with a higher SME revenue threshold and a Nordic-Vietnam summit fostering trade ties. Rising import-export turnover further enhances opportunities for Vietnamese exporters.
In this briefing Vietnam · Ho Chi Minh City · Nordic countries · European Free Trade Association
Regulation
Vietnam proposes higher SME revenue threshold
Vietnam is proposing to raise the annual revenue threshold for small and medium-sized enterprises (SMEs) to VNĐ400 billion (approximately $15.2 million), according to Vietnam News Economy. The maximum total capital threshold is also proposed to increase from VNĐ100 billion to VNĐ150 billion. This change aims to better classify SMEs and support their growth by allowing more businesses to qualify for SME benefits and incentives.
Impact SMEs in Vietnam will benefit from increased access to incentives and support due to the higher revenue and capital thresholds.
Sources: Vietnam News Economy ↗
Disruption
Nothing significant reported today.
Internal tension
Nothing significant reported today.
Safety & health
Nothing significant reported today.
Companies
Nothing significant reported today.
Markets
Nothing significant reported today.
Trade
Nordic-Vietnam Business Summit in HCM City
Ho Chi Minh City will host the Nordic-Vietnam Business Summit, focusing on investment conditions and cooperation between Nordic and Vietnamese businesses, according to VietnamPlus and Vietnam News Economy. Discussions will include the capabilities Vietnamese suppliers need to develop and potential partnerships in green industries. Nordic companies have shown a long-term interest in Vietnam, seeking deeper trade and supply-chain cooperation.
Impact Vietnamese suppliers and manufacturers could see increased partnerships and investments from Nordic companies, enhancing trade relations.
Sources: VietnamPlus ↗, Vietnam News Economy ↗
Vietnam's import-export turnover rises 30.4%
Vietnam's import-export turnover reached approximately $888 billion in the first nine months of 2026, up 30.4% year-on-year, as reported by VietnamPlus. The country has leveraged free trade agreements and improved its export mix to expand its global reach, despite technical barriers and international competition. The recent signing of a free trade agreement with the European Free Trade Association (EFTA) is expected to further enhance trade opportunities.
Impact Vietnamese exporters gain from increased turnover and enhanced trade agreements, boosting their global market presence.
Sources: VietnamPlus ↗
Politics
Nothing significant reported today.
Also today in Vietnam
- Vietnam–EFTA Free Trade Agreement targeted for implementation in 2027 — VietnamPlus
- Digitalisation helps streamline cargo clearance — VietnamPlus
- Dien Bien province promotes cross-border investment with China, Laos — VietnamPlus
- Top leader arrives in Copenhagen, beginning State visit to Denmark — VietnamPlus
- Liechtenstein Prime Minister concludes official visit to Vietnam — VietnamPlus
- NA considers revised law to curb auction profiteering — VietnamPlus
- Reference exchange rate down 4 VND at week’s beginning — VietnamPlus
- Vietnam seeks greater control over global agricultural value chains — VietnamPlus
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.
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