Conference Dates: August 2-4, 2016
Venue: Saigon Tourane Hotel – Address: 05 Dong Da St., Danang City, Vietnam.
Dear & Esteemed Colleagues,
We are, indeed, happy to announce that the International Academic Research Conference on Small & Medium Enterprises (Vietnam SME Conference) is being jointly organized by Danang Union of Science and Technique Association and Centre for Sustainable Development, Danang, Vietnam and the Global Business Research Journals (GBRJ) from August 2-4 in Danang, Vietnam.
May we extend a very warm welcome to you to submit your research manuscripts/case studies in all areas of research in Business Studies? In addition to paper presentations and discussions, the Conference will include invited lectures on contemporary topics in emerging trends in Global Business, Economics, Finance and Social Science.
|Abstract/Full Paper Submission Deadline
|Communication of Acceptance
|: One Week
|Last Date for Registration
|: July 15, 2016
|: August 2-4, 2016
‘Small businesses are essential for economic growth because they account for over 95% of businesses worldwide and provide more than half of all jobs’. Yet 200 million businesses worldwide don’t have the financing necessary to invest and create new jobs. – Source: SME Finance Forum.
SMEs play a very active role in the economic growth and development of a nation. More particularly, the role of SMEs in manufacturing, job creation, support to major industries, contribution to exports and ensuring social order and equity is considered very crucial and necessary for any nation. Keeping these aspects in mind, most of the global economies accord top priority to entrepreneurship, new and innovative business ventures not only in urban centres but in villages as well.
SMEs could take any form. They could be traditional, cottage and village industries. SMEs serve a large number of poor people in the society by offering employment opportunities.
The contribution of SMEs to the Gross Domestic Product (GDP) is commendable as they make significant contribution to the economy in many ways. SMEs’ help generate foreign exchange revenue by exporting goods and commodities to the rest of the world. Undoubtedly, they also help equal distribution of income and wealth among the masses which brings social order and equity. Further, research indicates that SMEs with very high rates of employment generation, have ensured greater economic growth in many countries.
Growth of SMEs helps ‘inclusive growth’ as there will be equitable opportunities for every segment in the society to participate in the economic activities and contribute to country growth. In the process, every segment of the society will reap the benefits.
In Vietnam, the government offers a lot of incentives and support to Medium and Small Enterprises. Currently, there are about 333,835 enterprises functioning in Vietnam constituting 97.73% of total enterprises in the country and offer 5,129,980 jobs (46.75% of total employment). Source: GSO, 2012. SME Finance Forum. www.smefinanceforum.org
In a nutshell, SMEs are considered as the backbone of any economy on account of several reasons. Of course, there is an imminent need to identify the problems and challenges being faced by them in this highly competitive global economic scenario and markets. Undoubtedly, this is one of the ways to motivate and ensure rapid economic progress. Against this backdrop, the upcoming conference in the beautiful city of Danang in Vietnam makes an attempt to achieve the following objectives;
a) Identify and analyze the major issues/challenges being faced by SMEs, particularly, from the developing and emerging economies;
b) Systematically ascertain the most important contributory factors that would assure sustainable and inclusive economic growth with the help of SMEs;
c) Identify the different funding opportunities and assistance that can be offered to SMEs to make them more profitable and sustainable;
d) Provide an ideal platform for researchers, economists, bankers and practitioners who have considerable experience in dealing with the problems of SMEs to share their research and practical experiences with fellow researchers
e) Offer suitable solutions to ensure an orderly growth of SMEs and thereby bring prosperity and sustainable economic development to the World, in the long-run.
Shri Dharmasthala Manjunatheshwara Institute for Management Development (SDMIMD), ranked among the top Business Schools in India, is located at the foot of Chamundi Hills in the heritage city of Mysore, Karnataka. The campus has won many architectural and landscape awards and provides a great environment for learning and germination of managerial intellect. The institute has been conferred A** Rating at National Level by CRISIL.
The institute is promoted by the Shri Dharmasthala Manjunatheswara Educational Trust - a premier non-profit educational organisation functioning under the aegis of Shree Kshetra Dharmasthala, which is known for its unique embodiment of Dharma. Today, SDME Trust has more than 40 recognised educational institutions under its wings, imparting quality education from the primary level to the postgraduate level. Trust is known for the professional institutions in Medical, Dental, Engineering, Naturopathy, Ayurveda, Law, Business Management and Physiotherapy. The trust and all the associate institutions benefit from the visionary leadership of our Chairman, Padma Bhushan Dr. D. Veerendra Heggade, Dharmadhikari of Dharmasthala.
SDMIMD’s AICTE approved PGDM programme, accredited by NBA, runs for six terms over two years with an impeccable track record of academic rigor. SDMIMD also has Student Exchange Programs with the MAYS School of Business, Texas A&M; University, USA; Global Management Institute of Shanghai University, China; and British University in Dubai, Dubai. These student exchange programmes enable students to understand each other’s cultures, business practices and traditions. This gives students an edge when it comes to international opportunities.
The SDMIMD’s research unit - SDM Research Centre for Management Studies’ (SDM RCSM), publications ‘Cases in Management’, ‘Contemporary Research in Management’, ‘Excerpts of Select Summer Internship Reports’, have come in for praise from the world of academics. The institute’s journal ‘SDMIMD Journal of Management’ indexed in EBSCO and iScholar has evolved as a prestigious publication well known for the quality of the papers, therein.
To know more about SDMIMD please visit: www.sdmimd.ac.in