US company hosts workshop to increase Vietnamese SMEs leadership
The US company Procter & Gamble hosted a workshop in Hanoi on September 6 to improve leadership of small- and medium-sized enterprises (SMEs) in Vietnam.
Hanoi (VNA) – The US companyProcter & Gamble hosted a workshop in Hanoi on September 6 to improveleadership of small- and medium-sized enterprises (SMEs) in Vietnam.
The event took place ahead of the 24th APECSmall and Medium Enterprises Ministerial Meeting (SMEMM) and related meetings,which are scheduled to take place in Ho Chi Minh City from September 10-15.
P&G affirmed its long-term commitment in Vietnamthrough a partnership with the Ministry of Planning and Investment to helpVietnamese firms improve competitiveness and innovation.
Deputy director of the ministry’s EnterpriseDevelopment Agency Nguyen Hoa Cuong said one of the top priorities of theVietnamese Government from now to 2020 is developing SMEs as the engine ofeconomic growth.
Improving the capability of Vietnameseenterprises will bolster Vietnam’s integration and connectivity with other APECeconomies, he said.
“Vietnam is one of P&G’s important markets”,Vice President and General Manager at P&G Asia-Pacific Omar Channawi said.
He went on to say that “We are proud to continueour unwavering commitment to support and grow with local enterprises in asustainable way”.
“Vietnam is among the first nations in Asiawhere P&G introduces both P&G SME Leadership College and SignalAccelerator,” he added.
He hoped that these programmes will helpVietnamese SMEs increase their competitiveness, innovation and managementcapabilities, as well as grasp business opportunities.-VNA
Policies that facilitate SMEs development are the most important topic of discussion at the third meeting of the APEC Business Advisory Council (ABAC).
Inaccessibility to bank loans is one of the main factors that has prevented private small and medium-sized enterprises (SMEs) from further development, experts said.
A workshop took place in northern Hai Phong city on August 4 to provide information on loan access and methods of payment in international trade for small- and medium-sized enterprises (SMEs).
Global value chains (GVCs) development and cooperation, and promotion of SMEs’ integration into GVCs have been high on agenda and supported by APEC member economies, heard a workshop in Ho Chi Minh City on August 26.
The 24th APEC Small and Medium Enterprises Ministerial Meeting (SMEMM) and related meetings, which are scheduled to take place in Ho Chi Minh City from September 10-15, is expected to enhance the competitiveness and creativity capacity of micro-, small- and medium-sized enterprises (MSMEs) in the digital era.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
At the workshop (Source: VNA)
