Project Description
As part of Government of Vietnam efforts to deepen the integration of local SMEs into GVCs and increase overall domestic value addition, there is momentum to improve Vietnams linkage policies and supplier competitiveness to better link domestic SMEs with FDI firms. The Vietnam Industry Agency (VIA) under the Ministry of Industry and Trade has been assigned to lead the linkage agenda and development of supporting industries in Vietnam. IFC and the VIA signed an MOU in October 2017 to undertake this work. Under this project, IFC will help Vietnam improve its investment and linkage policies and business environment in priority areas as well as enhance competitiveness of SMEs through piloting a
targeted SDP in three targeted value chains.