Competition is also one of the major factors hampering Thai SMEs to grow. Many countries such as China, India, Vietnam and Indonesia produce similar products as Thai businesses, for example low-cost, low value-added and labor-intensive products, thus, many Thai SMEs focus on price competition strategy through low labor cost. Moreover, SMEs are less competitive in terms of knowledge, added-value production, marketing strategies innovation, careful investment, business operation, and good management, which are important factors required to elevate the quality level.