The northern province of Dien Bien honours outstanding women officials (Illustrative image. Photo: VNA)
Hanoi (VNA) – The Prime Minister has approved the “investing in Vietnamese women” project worth 4 million AUD (3.07 million USD) sourced from the Australian Government’s non-refundable ODA.

The project, to be implemented from 2017-2019, aims to enhance the economic status of women engaging in small and medium-sized enterprises (SMEs), thus contributing to boosting sustainable economic growth in Vietnam.

Along with supports to SMEs owned by women, the project will help build policies and legal framework backing women’s involvement in economic activities, changing social opinions towards advocating empowering women in terms of economy, and promoting renovations in SMEs led by women.

It is expected to improve the quality of SMEs owned by women thanks to access to financial sources and consultation activities.

At the same time, the PM has also approved a project to support the business community’s effective engagement in international trade activities when Vietnam becomes a member of the United Nations Convention of Contracts for the International Sale of Goods (Vienna Convention 1980).

The project targets the strong popularisation of contents of the convention in import-export, as well as lawyers, judges, arbitrators, lecturers, public servants and State management officials, thus strengthening the effective and active application of the convention in international trade activities and ensuring the rights and benefits of Vietnamese firms.

Within the framework of the project, a number of conferences and training courses will be held, while communication documents on the convention will also be delivered out.-VNA