Author(s): Nguyen Van Tien, Phuoc Minh Hiep, Nguyen Minh Dat
Small and medium enterprises (SMEs) have a very important position in country's economic development. In the current trend of integration and globalization, all countries pay attention to supporting small and medium enterprises to mobilize maximum resources and to improve the competitiveness of products. However, SMEs are facing many problems such as human resources, Loans, technology capacity... This reality requires each SME to enhance its competitive capability in order to compete not only domestic but also foreign enterprises. Therefore, this study goal is to explore the determinants affecting the competitive capability of small and medium enterprises in Ho Chi Minh City (HCMC). This study surveyed 400 managers related to SMEs and answered 23 questions but 395 samples processed. The data collected from November 2018 to March 2019 in HCMC. Simple random sampling technique. Cronbach's alpha and the exploratory factor analysis (EFA) analyzed and used for Structural Equation Modelling (SEM) technique. Finally, the findings of the study have five factors affecting the competitive capability of SMEs with significance level 0.01.