Programme seeks to enhance production, business capacity for Vietnames SMEs
Businesses that have successfully completed first phase of the programme receive certificates. ( Photo: MPI)
Hanoi (VNA) – Small and medium-sized (SME) enterprises will be assisted in terms of production and business management capacity under the second phase of a programme launched by the Agency for Enterprise Development (AED) under the Ministry of Planning and Investment (MPI).
It is part of a project for SME Promotion and Industrial Development, which is sponsored by the Japan International Cooperation Agency (JICA), designed to boost production capacity for Vietnamese enterprises.
The programme will also facilitate the connection between local SMS and Japanese enterprises.
According to Bui Thu Thuy, deputy director of the AED, improving production and business capacity for small and medium-sized enterprises has been defined as one of the important solutions for Vietnam to improve the quality of the economy, develop sustainably and move towards a modern industrialised economy by 2030.
The project consists of three components, of which, the second focuses on improving the production and business capacity of Vietnamese SME and connecting with leading Japanese enterprises.
Despite being affected by the COVID-19 pandemic, the project has developed a set of criteria to evaluate enterprises and 15 SMEs have been selected to receive support to improve production capacity for almost a year. Specifically, some enterprises had signed supply contracts with Japanese enterprises.
Thuy said these are very commendable results and suggested that the project continue to extend further support to a large number of businesses. She also expressed her belief that SMEs will gradually improve their production and business capacity and be able to participate in global supply chains.
Yashiro Hiroaki, Chief Advisor of the project, said that through the project, businesses are expected to learn and apply the methods, especially the Japanese-style business model, to further develop and contribute more to the socio-economic development of the country./.
Related News
32nd Việt Nam Expo promises to boost business linkages
14:19 | 03/04/2023 Import-Export
32nd Vietnam Expo promises to boost business linkages
14:45 | 31/03/2023 Import-Export
Foreign SMEs pour capital into Vietnam
13:37 | 30/03/2023 Headlines
PM asks state-run groups, corporations to contribute to building self-reliant economy
20:18 | 18/03/2023 Headlines
Latest News
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
More News
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export
HCM City’s industrial production index down 0.9% in Q1
14:47 | 04/04/2023 Import-Export
Fisheries exports estimated at 1.85 billion USD in Q1
14:45 | 04/04/2023 Import-Export
Quang Ninh aims to attract quality FDI inflows
14:43 | 04/04/2023 Import-Export
Exports face many difficulties
13:29 | 04/04/2023 Import-Export
Manufacturing enterprises increase their competitiveness thanks to digital transformation
13:28 | 04/04/2023 Import-Export
Prevention of price risks before news that Indonesia increases rice imports in reserve
09:52 | 03/04/2023 Import-Export
Japanese investors highly appreciate Vietnamese property market
17:41 | 02/04/2023 Import-Export
Seafood enterprises propose to remove obstacles from exporting to the EU
10:34 | 02/04/2023 Import-Export
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export