Vietnam, US cooperate to improve business environment for SMEs

(VOVWORLD) - A project to help small and medium sized enterprises improve their capacity funded by the US Agency for International Development, known as LinkSME, was under review on Saturday.
Vietnam, US cooperate to improve business environment for SMEs - ảnh 1LINKSME Project Completion Event (Photo: USAID)

The project aims to improving the capabilities of the intermediary organizations in Vietnam that facilitate the business linkages between SMEs and supply chains, enhance the competitiveness of SMEs, reduce compliance cost, facilitate investment in SMEs, increase the ease of doing business, and supply chain integration and promote institutional reform, streamline regulations and administrative procedures, and improve the business environment,

Le Quy Kha, President of TOMECO Mechanic-Electrical Service Jsc., said: "The project helped us develop a digital transformation strategy suitable for our situation and demands. Thanks to the project, we have made a leap in finding markets and expanding our network with customers from the US, the UK, and Japan. We have overcome challenges during the COVID-19, increased our revenue, and generated more income for workers."


 

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