The Development of Small and Medium Enterprises in Vietnam

1. Definition of SME in Vietnam From 2001 to 2009, the definition of SME is said in Decree 90/2001 ND-CP as follow: SME is an independent business establishment with registered capital not exceeding 10 billion VND (about US $600,000) or annual average number of permanent workers not exceeding 300.

Small and medium enterprises are the Back Bone of Malaysian Economy

Statistic on Malaysian SMEs 99.2% of enterprises established in Malaysia are SME and the majority of them are micro enterprises (less than 5 workers). SME in Malaysia is defined as enterprises in manufacturing sector with annual sales under 7 million USD and enterprises in service and agriculture sector with under 1.4 million USD. SME is […]

Best Hotels For Business Travelers

San Francisco real estate is worth its weight in gold, and getting a good-looking pad in one of the city’s many gorgeous, atmospheric neighborhoods is notoriously expensive. It’s good news for visitors, then, that they don’t have to buy a place to enjoy the benefits–and business travelers are luckier still, if they can expense the […]

Is Vietnam Finally Ready for Foreign Investors?

Has Vietnam’s moment finally arrived? Explosive wage growth and labor strife in China and India, favored destinations for foreign investment in Asia, have multinationals taking a serious look at Vietnam as a low-cost alternative for new factories and call centers. “We’re cheaper—much cheaper,” says Nguyen Than Nam, chief executive officer of FPT, a Hanoi-based IT […]

Travel Sites Get Boost from 4-Star Hotel at 3-Star Cost

Great deals are driving consumers to continue booking flights and hotel rooms, Orbitz President and Chief Executive Barney Harford told Businessweek.com in an interview. At hotels, “occupancy is low, and that’s great for consumers,” Harford says. “If you’re still working and you feel reasonably good about the economic outlook, being able to get a four-star […]

American College Rankings in 2010

Forbes has announced the list of public and private colleges and universities rankings in 2010. Forbes’ methodology includes the following percentages: Listing of Alumni in the Who’s Who in America (25 percent), student evaluations of professors from Ratemyprofessors.com (25 percent), 4-year graduation rates (16 2/3 percent), enrollment-adjusted numbers of students and faculty receiving nationally competitive […]