In Asian cultures with a strong patriarchal system, women are considered the weaker sex and caregivers, meaning that they must care for older parents, feed the family and educate children. Nowadays, many women replace their husbands as breadwinners instead of doing household chores.
The 24th APEC Small and Medium Enterprises Ministerial Meeting (SMEMM), which took place in Ho Chi Minh City on September 15, has issued a Joint Statement on fostering SMEs development in the region.
A financial forum was organised in Ho Chi Minh City on September 11 to seek to enhance access to supply chain finance for micro, small and medium sized enterprises (MSMEs).
As many as 200 enterprises and more than 194,000 locals in the Mekong Delta province of Tra Vinh have benefited from a Canadian-funded project to support SMEs.
The Small and Medium Enterprise Development Bank of Thailand (SME Bank) has held a seminar offering tips to investors seeking to set up businesses in Cambodia, Laos, Myanmar and Vietnam.
The need to bring about some degree of parity between foreign-invested and domestic firms while fostering increased linkages was highlighted at the Vietnam Business Forum held on June 16 in Hanoi.
Support provided to SMEs will not be in cash, but rather take the form of favourable conditions in order for SMEs to grow, said a senior officials from the Ministry of Investment and Planning.
The Small- and Medium-sized Enterprise (SME) Development Fund has launched a financial aid package worth 560 billion VND for SMEs, according to the Ministry of Planning and Investment.
Though the Small and Medium Enterprise (SME) Development Fund was established a year ago, so far only three firms have got loans from it, fund director Hoang Thi Hong said.
The People’s Committee of the Central Highlands province of Lam Dong and the Small & Medium Enterprise Development Fund launched a connectivity programme in the locality on April 14.
The SME Development Fund of the Ministry of Industry and Trade has launched financial aid packages for 2017 to continue assisting the firms which make up 97 percent of Vietnam’s total businesses.
NA Chairwoman Nguyen Thi Kim Ngan called it critical to clarify criteria determining which businesses are small and medium sized in order to raise feasible support.
Linking small and medium-sized enterprises (SME) and selecting some of them to join the supply chain for FDI firms to boost support industry is among ideas to promote the role of SMEs in the industry’s growth that was given in a recent conference in Ho Chi Minh City.
Vietnam’s Small- and Medium-sized Enterprise Development Fund will join hands with the Korea Small and Medium Business Corporation to promote the development of SMEs and help them to seek partners
The Government’s Small- and Medium-Sized Enterprise Development Foundation (SMEDF) could provide support to startups in the form of venture capital and crowd funding, according to a draft decision.
Canadian Foreign Minister Stephane Dion has announced that his country will provide 15 million CAD to help SMEs in Vietnam with initiatives and technologies to reduce greenhouse gas emissions.
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