31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Dec 24, 2016 / 11:27

Over 3 million USD invested to support Vietnamese women

The Prime Minister has approved the “Investing in Vietnamese women” project with the capital sourced from the Australian Government’s non-refundable ODA.

The “Investing in Vietnamese women” project values at 4 million AUD (3.07 million USD) sourced from the Australian Government’s non-refundable ODA.
The project, to be carried out from 2017-2019, aims to enhance the economic status of women engaging in small and medium-sized enterprises (SMEs), thus contributing to strengthening sustainable economic growth in Vietnam.
Beside supports to SMEs owned by women, the project will help build policies and legal framework backing women’s involvement in economic activities, shifting social opinions towards advocating empowering women in terms of economy, and promoting renovations in SMEs led by women.

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The project is expected to improve the quality of SMEs owned by women thanks to access to financial sources and consultation activities.
In addition, Prime Minister has also approved a project to support the business community’s effective engagement in international trade activities when Vietnam becomes a member of the United Nations Convention of Contracts for the International Sale of Goods (Vienna Convention 1980).
The project targets the strong popularisation of contents of the convention in import-export, as well as lawyers, judges, arbitrators, lecturers, public servants and State management officials, thus boosting the effective and active application of the convention in international trade activities and ensuring the rights and benefits of Vietnamese firms.
Under the framework of the project, a number of conferences and training courses will be organised  and communication documents on the convention will also be delivered out.