The HCM City Centre for Supporting Enterprise Development (CSED) on October 18 signed a Memorandum of Understanding (MoU) with 30 organisations to provide support to SMEs, including start-ups.
Speakers discusses measures to assist small- and medium-sized enterprises (SMEs) at a conference held on October 18 in HCM City. (Photo: VNA)
HCM City (VNA) - The HCM CityCentre for Supporting Enterprise Development (CSED) on October 18 signed aMemorandum of Understanding (MoU) with 30 organisations to provide support tosmall- and medium-sized enterprises (SMEs), including start-ups.
The organisations include universities, educational institutions, businessassociations at the district level, industry associations, and State agencies.
The signing was part of a conference organised by CSED under the city’sDepartment of Industry and Trade in cooperation with Gia Thinh Company and SaigonBiz Corporation.
The conference discussed ways to help startups and small- and medium-sizedenterprises (SMEs) build confidence and access world markets.
The meeting will be held annually by CSED under the direction of the Departmentof Industry and Trade.
Pham Thanh Kien, Director of the Department of Industry and Trade, said:“Through the meeting and MOU signing, the department is committed to askinglocal and foreign agencies to propose solutions to support companies.”
He said that agencies should work together to provide assistance for SMEs andstart-ups so they can improve competitiveness.
In addition to private investment, public-private partnerships will be theemphasis of the city as part of the effort to support start-ups.
The city will also focus on activities to develop a start-up ecosystem under aprogramme to improve startups’ competitiveness and global integration,according to Kien.
The programme’s main purpose is to encourage innovative startups through research,he added.
He also pledged to reform administrative procedures, revoke illegal permits,and fight counterfeit products and trade fraud.
Le Minh Trung, Director of CSED, said the centre would continue to work withagencies to organise similar meetings to support workers and help SMEs accesscapital.
“The centre will propose policies to support startups which will help theminnovate, apply technology and reform their management models throughinvestment incentive programmes and bank-to-enterprise programmes,” he said.|
SMEs, the engine of growth and innovation in the Asia-Pacific region, accountfor over 97 percent of all enterprises and employ over half of the workforceacross the region.-VNA
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Speakers discusses measures to assist small- and medium-sized enterprises (SMEs) at a conference held on October 18 in HCM City. (Photo: VNA) 
