WISE and MVV are honoured to be partners of the Asian Development Bank to implement a special COVID-19 business counselling and training program for 500 women-led small and medium-sized enterprises (WSMEs) in Vietnam. The program is under the framework of the non-refundable aid project COVID-19 Relief for Women-Led Small and Medium-Sized Enterprises that the Asian Development Bank and State Bank of Vietnam signed into agreement on December 22nd 2020.
WISE’s wide network and ample experience of supporting women startups and entrepreneurs in Vietnam, combined with MVV’s training expertise, allows the program to focus on providing tools to WSMEs to improve their capacity management and skillsets to run their businesses successfully during the COVID-19 pandemic. It will also give them knowledge in various business aspects, financial advisory services, and technical skills to mitigate the impact of the economic downturn.
The program includes:
- 12 training modules, focusing on business and financial knowledge, building a business plan, action planning in HR management, operating costs management, and re-engineering products and customer service, among others. All these factors are expected to help enterprises respond to COVID-19 effectively.
- One-to-one online consultation via the Consultant Anywhere (CA) platform by experts with experience in the fields of crisis management, branding and communication strategy, financial accounting, cash flow management, business management and operation, corporate restructuring, human resource management and development.
The project will contribute to a more resilient economic environment in Vietnam by increasing the capacities of COVID-affected WSMEs. As a result, WSMEs are expected to increase revenue, save jobs and stay afloat. The project will also help us understand the challenges faced by WSMEs in crisis and effectively support them in the future.