Improving SME productive capacity and competitiveness in Vietnam

Under fomulation
Geographical Area Vietnam: Ho Chi Minh City, Dong Nai, Binh Duong
Sector SME Development
Financing

Total: €20,010,000

€15,000,000 Italy’s soft loan + 
€350,000 Italy’s grant for TA + 
€4,660,000 Vietnam’s local fund

Planned Conclusion 2020

Project aim

Improving the management, technical skills and productive capacity at firm and sector level in selected industries (textile/garment, leather/footwear and woodworking/furniture) to create enhance competitiveness of Vietnamese SMEs in the international market.

Main activities: by setting up a credit line, the programme will support access to finance for Vietnamese SMEs and promote training and technology transfer projects for companies, their managers (including Service Centres Managers) and their staff to improve know-how and competencies in the local productive system. The funds will support enterprises willing to acquire innovative technology in the form of equipment, machineries and specific technical training and assistance, industrial license and patents.

The initiative is at an advanced stage of formulation and is expected to be launched in 2018.

 

Executing agency

Ho Chi Minh City Finance and Investment state-owned Company (HFIC)

Ho Chi Minh City People’s Committee

Other Partners:

Degree of implementation