The research provides descriptive findings of financial management characteristics and working capital management practices and demonstrates the simultaneous impact of poor working capital management on SME financial position. Financial ratios will be calculated including debt ratios, all other variables including current ratio, working capital management ratios and short-term planning practices, fixed asset management and long-term planning practices, and financial and accounting information systems related to working capital management practices. To consult more Economic essay sample, please see at: Bộ Luận Văn Thạc Sĩ Kinh tế | Master Thesis in Economics: Effective working capital management in small and medium enterprises in Vietnam