On October 29, the National Assembly debated the Law on Development of Small and Medium Enterprises, with delegate Phan Thị Thùy Linh noting that SMEs make up over 98% of all businesses. A Ministry of Finance review cited in the debate found that only about 9% of nearly 500 surveyed SMEs had accessed and benefited from support policies. Delegate Nguyễn Hữu Toàn asked for quantitative criteria on access to capital and proposed that the three-year tax exemption run from the first year a business earns taxable profit rather than from registration. Delegate Đào Chí Nghĩa identified the main barriers as lack of collateral, weak financial reporting and no viable long-term business plans. Delegate Trịnh Thị Tú Anh noted that tax exemptions do not directly improve cash flow for firms without tax liabilities, calling for clarity on how many firms truly benefit.
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Original headline: Trải thảm đỏ đón 'đại bàng', tạo điều kiện để hàng triệu 'chim sẻ' lớn mạnh
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VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/29/2026 | 1,755.61 |
| Change that session | -0.62% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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