Public-private partnership eases pressure on State budget

A seminar on strengthening public-private partnership (PPP) took place in Hanoi on August 25, attracting representatives from ministries, agencies and 100 businesspeople. 

Speaking at the event, Deputy Minister of Industry and Trade and Chairwoman of the Vietnam Association of Woman Entrepreneurs (VAWE) Ho Thi Kim Thoa said PPP does not only strengthen resources but also eases pressure on paying for the government’s public services. 

She also spoke highly of the woman entrepreneurs’ role in small and medium-sized enterprises (SMEs) which currently account for 96 percent of the total. 

The Ministry of Industry and Trade (MoIT) has given businesses, especially SMEs and businesswomen, access to support in technology that helps lower cost and improve product quality. 

Nguyen Thanh Tra, a PPP expert from the Frontier law consulting firm admitted that businesswomen frequently meet difficulties in bidding and price pressure. 

Several law experts shared lessons learnt from the US, Zambia and India, success stories in attracting SMEs owned by women. 

Director of the Minh Khai commercial company Nguyen Bich Hoa called for holding more trade promotion campaigns and offering support to businesswomen as well as spreading the drives “Vietnamese prioritise Vietnamese goods” and “Proud of Vietnamese goods”. 

The seminar was co-hosted by the US Agency for International Development’s State Governance for Comprehensive Growth, the MoIT and the VAWE.
Mời quý độc giả theo dõi VOV.VN trên

Related

Public-Private Partnership model discussed
Public-Private Partnership model discussed

Local and international experts on May 10 met in Hanoi to discuss enhancing the effectiveness of public investment and measures to minimise risks in the public-private partnership (PPP) model. 

Public-Private Partnership model discussed

Public-Private Partnership model discussed

Local and international experts on May 10 met in Hanoi to discuss enhancing the effectiveness of public investment and measures to minimise risks in the public-private partnership (PPP) model. 

More public, private firms partner on transportation
More public, private firms partner on transportation

VOV.VN - Vietnam is expected to attract a number of investors of transport infrastructure projects under the public-private partnership (PPP) model this year.

More public, private firms partner on transportation

More public, private firms partner on transportation

VOV.VN - Vietnam is expected to attract a number of investors of transport infrastructure projects under the public-private partnership (PPP) model this year.

Public-private partnership applied flexibly in Vietnam: official
Public-private partnership applied flexibly in Vietnam: official

A number of legal documents on public-private partnerships (PPP) were issued in Vietnam , and this form of cooperation has been applied flexibly in various fields. 

Public-private partnership applied flexibly in Vietnam: official

Public-private partnership applied flexibly in Vietnam: official

A number of legal documents on public-private partnerships (PPP) were issued in Vietnam , and this form of cooperation has been applied flexibly in various fields.