Decree No. 90/2001/ND-CP dated November 23, 2001 of the Government on support for development of small- and medium-sized enterprises

THE GOVERNMENT -------	SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ------------
No: 90/2001/ND-CP	Hanoi, November 23, 2001

DECREE

ON SUPPORT FOR DEVELOPMENT OF SMALL- AND MEDIUM-SIZED ENTERPRISES

THE GOVERNMENT

Pursuant to the Law on Organization of the Government of September 30, 1992;

With a view to encouraging and creating favorable conditions for development of small- and medium-sized enterprises;

At the proposal of the Minister of Planning and Investment,

DECREES:

Chapter I

GENERAL PROVISIONS

Article 1.- Objectives

Developing small- and medium-sized enterprises (SMEs) is an important task in the strategy for socio-economic development and acceleration of the national industrialization and modernization.

The State encourages and creates favorable conditions for SMEs to bring into play their activeness and creativeness, raise their managerial capability, develop sciences, technologies and human resources, expand their cooperative ties with enterprises of other forms and increase the business results as well as competitiveness on the market; develop production and business, create jobs and improve the laborers life.

Article 2.- Scope of regulation

SMEs shall enjoy preferential treatment policies according to current legislation. This Decree prescribes more support policies for SMEs and SME development promotion organizations to meet the socio-economic development requirements and accelerate the national industrialization and modernization.

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