Tag: support

The new measures are expected to strengthen the private sector’s competitiveness, accelerate innovation and support deeper integration into global markets.

The Asian Development Bank plans to support Vietnam with a portfolio of 27 projects worth approximately $4.6 billion through 2029.

The funding will back early- and growth-stage SMEs working in areas including clean manufacturing, sustainable consumption and AI-driven climate solutions.

Residents will get financial assistance when switching to electric motorbikes under a draft resolution aimed at accelerating the transition from fossil fuel-powered road vehicles to clean energy alternatives.

The program aimed at building a new generation of highly capable, independent scientists and strengthening national technological competitiveness.

Prime Minister Pham Minh Chinh receiving a delegation from IMF in Hanoi on March 27.

The project expected to contribute to promoting green, sustainable, and inclusive growth while reducing vulnerability to climate change in Vietnam.

There are currently nearly 6.5 million Vietnamese people living in over 130 countries and territories.

Hanoi plans to expand its urban railway network to around 20 lines, with a total length of more than 1,000 km.

WB has consistently been one of Vietnam’s largest international donors with 180 programs/projects totaling over $26 billion.

Prime Minister Pham Minh Chinh meets with a delegation from the Semiconductor Equipment and Materials International in Hanoi on November 6.

The capital city will fully support costs related to startup project selection, loan interest payments, credit guarantees, and the organization of ecosystem networking events.

These projects require a funding estimated at over $7 billion.

This is part of the new cooperation program between the two countries in the 2025-2028 period.

The Ministry of Industry and Trade introduces a new scheme to boost legal knowledge and empower smaller enterprises often overlooked in Vietnam’s economic landscape.

Mr. Choi Joo Ho, General Director of Samsung Vietnam, told the Multilateral Forum (MSF) 2022 on improving Vietnam’s position in global value chains, held on October 19, that the country holds many advantages in this regard, such as a dynamic economy and expanding consumer market. To use these advantages, it is necessary to expand participation in global supply chains by promoting supporting industries.

The Hanoi People’s Committee has issued a plan called “Supporting digital transformation for SMEs in the 2021-2025 period”, under which it will spend over VND300 billion ($12.6 million) on supporting digital transformation efforts at 90,000 small and medium-sized enterprises (SMEs) and new businesses. The plan sets out six tasks and solutions, including training in digital transformation and human resources development for SMEs.

At the “Business Contact and Dialogue in 2022” conference held recently by Ho Chi Minh City, analysts said that businesses have only now entered into a period of recovery following Covid-19 and need more support to address ongoing difficulties. It is especially necessary to reform administrative procedures to improve the investment environment and the quality of urban administration.

By August 19, eight days after implementation began, the VND1.1 trillion ($47 million) package from the Unemployment Insurance Fund to assist workers has helped more than 298,000 workers. The amount spent stands at nearly VND845 billion ($36 million), or 72 per cent of the plan.

Hanoi has approved support in elementary-level training of less than three months for eleven groups of workers in 78 occupations in the 2022-2025 period. Four groups receiving vocational training will receive support to cover training costs. The capital has set a target of training more than 21,000 people at the primary level for less than three months by the end of 2022, of which more than 9,000 will be trained in non-agricultural occupations and more than 12,000 in agricultural occupations.