Programme seeks to enhance production, business capacity for Vietnames SMEs
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).
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 ofproduction and business management capacity under the second phase of aprogramme launched by the Agency for Enterprise Development (AED) under theMinistry of Planning and Investment (MPI).
It is part of a projectfor SME Promotion and Industrial Development, which is sponsored by the JapanInternational Cooperation Agency (JICA), designed to boost production capacityfor Vietnamese enterprises.
The programme will also facilitate the connection between local SMS and Japanese enterprises.
According to Bui ThuThuy, deputy director of the AED, improving production and business capacity forsmall and medium-sized enterprises has been defined as one of the importantsolutions for Vietnam to improve the quality of the economy, developsustainably and move towards a modern industrialised economy by 2030.
The project consists ofthree components, of which, the second focuses on improving the production and business capacity of VietnameseSME and connecting with leading Japanese enterprises.
Despite being affectedby the COVID-19 pandemic, the project has developed a set of criteria toevaluate enterprises and 15 SMEs have been selected to receive supportto improve production capacity for almost a year. Specifically, some enterprises had signed supply contracts with Japaneseenterprises.
Thuy said these are verycommendable results and suggested that the project continue to extend furthersupport to a large number of businesses. She also expressed her belief that SMEswill gradually improve their production and business capacity and be able toparticipate in global supply chains.
🍎 Yashiro Hiroaki, ChiefAdvisor of the project, said that through the project, businesses are expectedto learn and apply the methods, especially the Japanese-style business model,to further develop and contribute more to the socio-economic development of thecountry./.
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Businesses that have successfully completed first phase of the programme receive certificates. ( Photo: MPI) 
