First 22 pioneering enterprises of Vietnam earn US-funded customised technical assistance
The Ministry of Planning and Investment (MPI) and US Agency for International Development (USAID) have handed over cooperation pacts to the first 22 Vietnamese pioneering enterprises (PEs), who will receive customised technical assistance worth 150,000 USD in total from the USAID’s Improving Private Sector Competitiveness (IPSC) project.
The Ministry of Planning and Investment (MPI) and US Agency for International Development (USAID) hand over cooperation pacts to the first 22 Vietnamese pioneering enterprises (PEs) at the forum. (Photo: VNA)
Hanoi (VNA) – The Ministry of Planning and Investment (MPI) and US Agency for International Development (USAID) have handed over cooperation pacts to the first 22 Vietnamese pioneering enterprises (PEs), who will receive customised technical assistance worth 150,000 USD in total from the USAID’s Improving Private Sector Competitiveness (IPSC) project.
The handover took place as part of a forum on pioneering entrepreneurial spirit fostering sustainable Vietnam held by the MPI and USAID on October 13.
The event also saw 10 firms honoured as winners of the Vietnam ESG (environmental, social, and corporate governance) Initiative. The firms, selected based on their initiatives, will receive training support and intensive consultations to enhance their capacity and understanding of ESG and other sustainable business models so that they can finalise a plan to implement their initiatives.
Addressing the forum, Deputy Minister of Planning and Investment Tran Duy Dong lauded efforts of the business community in adapting to trends and taking the lead in technological innovation, green transition, environmental protection, and climate change response, contributing positively to Vietnam’s realisation of sustainable development goals and commitment to achieving net zero carbon emissions by 2050.
These are the new economic sectors that will create new values and new drivers for economic growth, Dong said.
USAID's Mission Director for Vietnam, Aler Grubbs, stated that USAID is committed to promoting economic growth and enhancing the competitiveness of the private sector in Vietnam. Through close collaboration with the MPI to support Vietnamese enterprises in promoting sustainable business practices and ESG implementation, USAID has helped them improve their competitive capabilities, achieve long-term development goals, meet international standards, and deeply engage in global value chains to build a sustainable and prosperous Vietnam./.
The Ministry of Planning and Investment (MPI) and the US Agency for International Development (USAID) on January 18 launched a project on building the competitiveness of Vietnam’s small and growing businesses (SGBs).
The United States Agency for International Development (USAID) and the Ministry of Planning and Investment (MPI) of Vietnam signed an amendment to their bilateral partnership agreement to expand USAID’s support to include local capacity development.
Prime Minister Pham Minh Chinh applauded the US Agency for International Development (USAID) for continuing to increase development budget for Vietnam while receiving USAID Administrator Samantha Power in Hanoi on March 10.
Dozens of enterprises have been supported to raise their awareness and be trained to implement digital transformation which has become an inevitable trend and an important solution for current businesses.
Over the past time, the US Agency For International Development (USAID) Linksages for Small and Medium Enterprises (LinkSME) project has significantly supported the Vietnamese Government in researching, reviewing and popularising mechanisims to improve business climate, thus enhancing competitiveness capacity of local SMEs.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
The Ministry of Planning and Investment (MPI) and US Agency for International Development (USAID) hand over cooperation pacts to the first 22 Vietnamese pioneering enterprises (PEs) at the forum. (Photo: VNA) 
