Programme seeks to enhance production, business capacity for Vietnames SMEs
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./.