The Fund Facility for Business Services for Global Competitiveness (“the Fund Facility”) was a Danida funded grants facility that aimed to increase the competitiveness of Vietnamese private businesses through better access to necessary information, support services and interest representation. The Fund Facility specifically aimed to support export-led growth in the provinces of Khanh Hoa, Lam Dong, Ha Tay, and Nghe An. In each of the four provinces, the Fund Facility identified leading sectors with high export potential. The flower sector in Lam Dong had good export potential and the Fund Facility thus wished to support the provision of advocacy and interest representation as well as the provision of business development services within this sector. To lay the base for subsequent support activities, the Fund Facility wished to have a solid understanding of the current situation in the flower sector in Lam Dong.
To support the further development of specifically small enterprises the ILO in collaboration with the VCCI introduced Poverty Reduction through Integrated Small Enterprise Development (PRISED) in Vietnam. The objective of the project is to contribute to local economic growth and poverty reduction by creating more and better jobs through the promotion of private sector development. The project aims foster private sector development by encouraging partnerships between the SME sector and provincial government.
The ADB Vietnam Resident Mission implemented a regional project entitled Making Markets Work Better for the Poor (MMW4P). The purpose of the project is to (a) conduct analytical work on the functioning of markets and the extent to which the poor are able to benefit from them, and (b) to build capacity to support pro-poor market development through research activities, networking and the promotion of policy dialogue.
The overlying challenge of the Vietnamese government is the creation of a “fair, level and competitive playing field for all enterprises, state and private, domestic and foreign” in line with the country’s Comprehensive Poverty Reduction and Growth Strategy. The Business Sector Programme Support (BSPS) funded by the Danish Government aims to address major issues to create an enabling and fair environment in particular for private businesses.
Consultants were tasked with designing the project “Developing the Private Sector in Lang Son”. The project aimed at strengthening public information services and clarifying government oversight of the private sector in Lang Son. The proposed activities included: setting up a Business Support Centre to act as a one-stop shop and provide free information for private sector business persons; setting up a Business Association; organising workshops; conducting study tours; producing newsletters and articles in local newspapers; producing information packs about government services, and producing government agency brochures.