Open Access

Bridging the Gap: Unveiling the Factors of Government Support Influencing the Success of Vietnamese Agricultural SMEs Post-COVID-19

Nguyen The Anh

Faculty of Management Information System, Academy of Finance, Hanoi, 100000, Vietnam

Huong dao

Thuyloi University

DOI: https://doi.org/10.36956/rwae.v5i4.1194

Received: 25 July 2024; Published: 14 October 2024

Copyright © 2024 Nguyen The Anh, Huong dao. Published by Nan Yang Academy of Sciences Pte. Ltd..

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.


Abstract

This study investigates the essential role of government aid in enhancing the resilience and success of small and medium-sized agricultural firms in Vietnam during the COVID-19 pandemic. The research fills a gap in the existing literature by concentrating on strategies for long-term recovery rather than immediate reactions. Using a structured survey and multivariate linear regression analysis, the study engaged 200 proprietors and executives from the Red River and Mekong Delta areas. The results exhibit a favorable association between governmental support and the success of small and medium-sized enterprises, emphasizing the necessity of tailored governmental interventions to enhance sector competitiveness. While offering valuable insights for policymakers, the study’s geographical and sectoral scope is restricted, indicating the need for more extensive research and qualitative evaluations to deepen comprehension of the effects of governmental support in diverse settings. This research has the potential to significantly influence policy formulation and further scholarly investigation in the economic landscape post-pandemic.

Keywords: Government Support; Agricultural SMEs; Post‑COVID‑19 Recovery; Sustainability; Policy Formulation


References

Online ISSN: 2737-4777, Print ISSN: 2737-4785, Published by Nan Yang Academy of Sciences Pte. Ltd.