Deputy PM calls for continued support to female entrepreneurs

Deputy Prime Minister Vuong Dinh Hue called for support to women to start their business during a forum held in Hanoi on December 26.

Illustratie photo (Photo : VNA)

Speaking at a forum co-organised by the Vietnam Women’s Union (VWU) and the SNV Netherland Development Organisation, Hue hailed women for maintaining the stable growth of their businesses.

Out of nearly 500,000 enterprises nationwide, more than 100,000 led by women have contributed to the national economic stability. Up to 25 percent of small and medium-sized enterprises (SMEs) owned by women have generated jobs to over 1.63 million workers and added VND32.4 trillion ($1.4 billion) to the State budget, equivalent to 3.9 percent of the total, he said.

He suggested the VWU Central Committee continue developing micro-finance organisations in support of female entrepreneurs along the way.

The government has submitted a draft law to the National Assembly to assist SMEs, devised incentives targeting micro businesses and start-ups in combination with developing a start-up ecological system, he said.

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.

At the event, participants shared view that the implementation of policies in support of female workers and firms employing many women lack necessary guidance.

Women’s involvement in business management remains modest, and women-owned firms account for 26.8 percent of SMEs, mostly operating in services, they said.

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.

Vietnamnews

Other news

Most view

To ensure efficient divestment, PetroVietnam is working on a number of plans, including consolidating the two companies. (Photo: vietnamfinance.vn)

Merger of two biggest fertiliser firms considered

PetroVietnam is laying out plans to divest capital from the two biggest Vietnamese fertiliser companies – PetroVietnam Fertiliser & Chemicals Corp (DPM) and PetroVietnam Ca Mau Fertiliser Joint Stock Company (DCM) – to submit to authorities for consideration.

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Economy

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

SGN lists 24million shares on HOSE

 Saigon Ground Services JSC (under code: SGN) will list on the Ho Chi Minh City Stock Exchange (HOSE) 24 million shares for the first time starting on August 1st at a reference price of VND 140,000 per share.