DOI:

Abstract

Small and medium enterprises (SME) have flooded most developing countries, especially in ASEAN ones, as a new model, and Vietnam is no exception. SMEs can operate with a small capital and get adjusted easily to changes in the market, and prove to be appropriate to level of managerial skills of most Vietnamese businesspersons. At present, however, they are facing many difficulties from both the inside (managerial skill, technologies employed, and shortage of capital, etc.) and the outside. To survive, develop and make some profit, SMEs need help and financial support from the State and banking institutions. This paper estimates current financial solutions to SME problems and suggests new solutions for the coming years. Methods employed here are generalization, analysis, and comparison. In addition, statistics, induction, and deduction are also used. Based on these methods and estimates of application of financial solutions to the SMEs in Vietnam in the past few years, the paper suggests new financial solutions for the coming years.

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