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A Snapshot of IPSCs Accomplishments
07/03/2025
Publication date: Sep 2024
The USAID Improving Private Sector Competitiveness (IPSC) Project has made significant strides in strengthening Vietnam’s private sector by addressing regulatory barriers, enhancing business capacity, and promoting sustainable economic growth. Funded by USAID and led by the Agency for Enterprise Development (AED) under the Ministry of Planning and Investment (MPI), the project has directly supported thousands of small and growing businesses (SGBs), including those owned by women and disadvantaged groups.
MBI Innovation is a subcontractor implementing this project in Vietnam.
Key Achievements (as of September 30, 2024):
The USAID Improving Private Sector Competitiveness (IPSC) Project has made significant strides in strengthening Vietnam’s private sector by addressing regulatory barriers, enhancing business capacity, and promoting sustainable economic growth. Funded by USAID and led by the Agency for Enterprise Development (AED) under the Ministry of Planning and Investment (MPI), the project has directly supported thousands of small and growing businesses (SGBs), including those owned by women and disadvantaged groups.
MBI Innovation is a subcontractor implementing this project in Vietnam.
Key Achievements (as of September 30, 2024):
- 4,529 SGBs received customized training, one-on-one coaching, and business matching support.
- 2,168 SGBs supported were women-owned or women-led.
- 7,278 staff from SGBs received business skills training to enhance expertise and contribute to business growth.
- 35 pioneering enterprises (PEs) in high-value sectors received targeted support to develop Vietnamese brands for domestic and international markets.
- 19% average revenue increase for SGBs after receiving technical assistance.
- 87% of SGBs improved management practices or adopted new technologies.
- 240 SGBs successfully accessed regional and international markets.
- 185 government agencies at national and local levels in evidence-based policy discussions.
- 66 business associations and business support organizations (BSOs) in policymaking.
- 49 legal documents received policy recommendations, with five approved by the Government of Vietnam.
Resources liên quan
- Vietnams Economic Prospects 2025
- Workforce for an Innovation and Start-up Ecosystem (WISE) project
- Support for Public Financial Management with the Ministry of Finance of Vietnam
- GRAFT Challenge Vietnam 2021 Launched To Scale Up AgriTech Firms
- Vietnam Fintech Ecosystem 2017
- “Formalization” Of Household Business In Vietnam
- Entrepreneur And Venture Support Programs In Ho Chi Minh City, Da Nang, Phnom Penh
- International Best Practices On Supporting Startup Ecosystems
- International Best Practices In Business Support Services
- Manual Of The Korean Business Incubator Model