The economies of ASEAN and East Asia have become increasingly integrated. This process of regional economic integration has been driven by the mutually reinforcing market forces and trade agreements (regional and preferential). A major area of concern amongst policy makers has been the extent to which small and medium enterprises (SMEs) are participating and benefiting from regional economic integration. It is a valid concern given that about 95-99 percent of all firms in the region are SMEs. Furthermore, SMEs are also likely to be more resource-constrained (compared to large firms) to take advantage of the benefits from trade and investment liberalization. Despite their limited resources, the main goal of the research project is to undertake a systematic, comprehensive and comparative analysis of SME participation in ASEAN and East Asian regional economic integration.
This study explores how SMEs have been preparing for the opportunies that AEC could bring back. The findings would suprise you and challenge your thinking on how to prepare your own business for this community.
Other reports about Vietnam SMEs are available at the Report Store. Please visit the store and see how we can add value to your business or contact us:
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