Vietnam’s small businesses saw a strong performance in 2025, with 84% reporting growth - a slight increase from the previous year, according to an Asia-Pacific small business survey released on April 21 in Ho Chi Minh City by CPA Australia, one of the world’s largest professional accounting organisations.

Vietnam’s NetZero Pallet has been named one of the winners of the 2025 Small Business Champions Competition, held by the World Trade Organisation (WTO).

Vietnamese small businesses experienced a successful 2024, with 82% reporting growth, up from 77% in 2023 - the country’s highest result since 2019, according to annual small business survey of CPA Australia - one of the largest professional accounting bodies in the world.

Vietnamese small business owners overwhelmingly expect to grow in 2023, with a new survey showing they are the most confident in their local economy across the surveyed markets in the Asia-Pacific.

Vietnamese small- and medium-sized enterprises (SMEs) are facing barriers in digital transformation and have a passive response to market changes, said Hoang Minh Chien, deputy head of the Vietnam Trade Promotion Agency (Viettrade).