Addressing the forum co-organised by the Vietnam Women’s Union (VWU) and the SNV Netherland Development Organisation, Deputy Prime Minister (PM) hailed women for maintaining the stable growth of their businesses.
Particularly, the implementation of the union's "Supporting to female entrepreneurs for 2017- 2027 period" project will be created more favourable conditions when in 2016, the number of newly-established firms reached a record high of 110,100 this year, up 16.2 percent from 2015, according to the Deputy PM.
The government has submitted a draft law to the National Assembly to assist small and medium-sized enterprises (SMEs), devised incentives targeting micro businesses and start-ups in combination with developing a start-up ecological system, Deputy PM Hue stressed.
He suggested the VWU Central Committee continue developing micro-finance organisations in support of female entrepreneurs along the way.
The Deputy PM called for support to women to start their business.
According to the Vietnam Women’s Union, out of nearly 500,000 enterprises across the country, more than 100,000 led by women have contributed to the national economic stability.
Up to 25 percent of SMEs owned by women have generated jobs to over 1.63 million workers and added 32.4 trillion VND (1.4 billion USD) to the State budget, equivalent to 3.9 percent of the total, according to the union.
VWU Chairwoman Nguyen Thi Thu Ha said the VWU and the SNV Netherland Development Organisation are offering support to female entrepreneurs in localities within their 2016-2020 agreement framework.
She announced that the union is planning the "Supporting to female entrepreneurs for 2017- 2027 period" project that
aims to have 35% of women-owned businesses among more than 1 million newly-established businesses nationwide by 2020.
During the forum, participants mentioned that the implementation of policies in support of female workers and firms employing many women lack necessary guidance.
They shared that women’s involvement in business management remains modest, and women-owned firms make up 26.8 percent of SMEs, mostly operating in services.
They underscored the role of increased women’s economic empowerment in promoting gender equality, thereby offering men and women equal chances to access opportunities and resources.
Deputy PM Vuong Dinh Hue and delegates at the forum.
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The government has submitted a draft law to the National Assembly to assist small and medium-sized enterprises (SMEs), devised incentives targeting micro businesses and start-ups in combination with developing a start-up ecological system, Deputy PM Hue stressed.
He suggested the VWU Central Committee continue developing micro-finance organisations in support of female entrepreneurs along the way.
The Deputy PM called for support to women to start their business.
According to the Vietnam Women’s Union, out of nearly 500,000 enterprises across the country, more than 100,000 led by women have contributed to the national economic stability.
Up to 25 percent of SMEs owned by women have generated jobs to over 1.63 million workers and added 32.4 trillion VND (1.4 billion USD) to the State budget, equivalent to 3.9 percent of the total, according to the union.
VWU Chairwoman Nguyen Thi Thu Ha said the VWU and the SNV Netherland Development Organisation are offering support to female entrepreneurs in localities within their 2016-2020 agreement framework.
She announced that the union is planning the "Supporting to female entrepreneurs for 2017- 2027 period" project that
aims to have 35% of women-owned businesses among more than 1 million newly-established businesses nationwide by 2020.
During the forum, participants mentioned that the implementation of policies in support of female workers and firms employing many women lack necessary guidance.
They shared that women’s involvement in business management remains modest, and women-owned firms make up 26.8 percent of SMEs, mostly operating in services.
They underscored the role of increased women’s economic empowerment in promoting gender equality, thereby offering men and women equal chances to access opportunities and resources.
