Miss Universe Vietnam H'Hen Nie speaks at the event to launch the Value Chains Idea Contest in Hanoi on June 22 (Photo: hanoimoi.com.vn)

Hanoi (VNA) – The “Value Chains Idea Contest” (VCIC) was launched in Hanoi on June 22 with the aim of supporting ethnic minority communities in Vietnam.

The contest was organised by the Vietnamese Government’s Committee for Ethnic Minorities Affairs, the World Bank and the Australian Department for Foreign Affairs and Trade.

The VCIC aims to support the development and implementation of new and innovative ideas regarding value chains and expanding market access opportunities for products of ethnic minorities in Vietnam. 

It is also meant to contribute to the preservation and promotion of cultural strength and traditional knowledge of Vietnamese ethnic minority communities while enhancing the role and capacity of ethnic minority women and youth in escaping poverty and bringing prosperity to themselves and their communities.

The VCIC is part of series of activities of the Committee for Ethnic Minorities Affairs and international partners, media partners, and Party and Government agencies to help ethnic minorities to catch up with the national start-up trend, thus contributing to poverty reduction and boosting prosperity in ethnic minority areas.

Eligible candidates include individuals, groups of individuals, small and medium enterprises, cooperatives, cooperative groups, and entrepreneurs of ethnic minorities with ideas for developing cooperation or partnerships with ethnic minorities anywhere in Vietnam.

The ideas should contribute to solving one or both of the following issues: developing value chains benefiting ethnic minority people, and creating an enabling environment for the development of value chains which benefit ethnic minorities, especially women and youth.

In Round I of the contest, ideas should be submitted by the end of August 31, and a maximum of 50 ideas will be selected and announced on October 1.

In Round II, authors of shortlisted ideas will be provided with training and support so their ideas can be developed into project proposals. Deadline for proposals is December 15. Selected proposals will be announced on January 18, 2019.

Candidates with project ideas selected in Round I will receive support and consultancy from experts to develop and finalize a detailed project proposal to submit in Round II. Projects selected in Round II will receive funding for implementation.-VNA