(MPI) - Deputy Minister of Planning and Investment Tran Duy Dong said that the MoU will help to improve management capacity of Vietnamese enterprises towards professional and modern manner and meeting international standards, aiming to build up the business community that contribute significantly to the country’s socio-economic development and the implementation of resolutions by the Politburo and Government.

He made his above speech on June 11 while attending the signing ceremony of memorandum of understanding (MoU) on cooperation between the Ministry of Planning and Investment (MPI) and the Vietnam Association of Small and Medium Enterprises (VINASME) to implement online training: “Enhancing knowledge for Vietnamese small and medium-sized enterprises (SMEs)”.

Deputy Minister of Planning and Investment Tran Duy Dong speaks at the event. Photo: MPI

Deputy Minister Dong said that Vietnam currently has nearly 900,000 businesses that contribute more than 60 percent of the country’s Gross Domestic Product (GDP). Enterprises are pioneers in applying science and technology, promoting innovation, and constantly enhancing their productivity, making significant contributions to improving the national competitiveness in the new context of globalisation.

However, Vietnamese businesses, especially SMEs, still face several challenges such as low competitiveness, low productivity and lacking capacity to join global and regional supply chains. They will also have difficulties in both stabilising production and meeting new requirements of green transition, digital transformation and sustainable development in the context of global economic fluctuations and high level of openness of national economy.

To make full use of the project, Deputy Minister Dong suggested ministries, agencies, localities, and associations encourage businesses participate in the courses. Local authorities should pay attention to and coordinate with VINASME to support business studying and improving their management capacity in the new context.

Ministry of Planning and Investment and Vietnam Association of Small and Medium Enterprises sign a MoU to implement online training for Vietnamese small and medium-sized enterprises. Photo: MPI

Nguyen Van Than, VINASME Chairman said that the association has carefully surveyed the needs of member businesses to design detailed and specific programmes that meet the need of various groups of businesses and industries. Through the online course, businesses in need will be trained in market knowledge and connected directly with potential customers, thereby upgrading internal capacity as well as their input and output performance.

With the coordination of the MPI, SMEs will quickly access to the State’s policies and have chance to participate in policy recommendation from an early stage, he said. The project delivers the viewpoints and spirit of the Party and State to the business community and SMEs in particular, which are promoting the role of Vietnamese entrepreneurs in building, creating, developing, and protecting the country in the new period.

The online course will be conducted on the www.smelearning.vn website from 2024 to 2035, with the goal of organising 1,000 courses by 2025 and about 5,000 courses by 2035. About 1.5 million businesses nationwide will have access to free and quality courses with a clear roadmap and development stages. More than 6,000 employees will be able to participate and benefit from the courses.

The course will equip businesses with basic and in-depth knowledge for six stages, which are business concept, business establishment, business operation, growth, mature/stable development, and Initial Public Offering (IPO). It will fully capitalise on the advantages and potential of the fourth industrial revolution, such as artificial intelligence (AI) and big data, to create a convenient learning environment for Vietnamese SMEs, gradually forming  learning enterprises and helping businesses enhance their development capacity in a sustainable direction./.

Bao Linh

Ministry of Planning and Investment