Apec ministerial meeting to enhance SMEs competitiveness

07-Sep-2017 Intellasia | VOV | 6:00 AM Print This Post

The 24th Apec Small and Medium Enterprises ministerial Meeting (SMEMM) and related meeting are expected to increase the competitiveness and creativity capacity of micro-, small- and medium-sized enterprises (MSMEs) in the digital era.

The event set to take place in HCM City September 10-15, will create valuable opportunities for businesses to exchange effective cooperation ideas in the context of globalisation and integration, said Ho Sy Hung, director of the Enterprise Development Agency under the Ministry of Planning and Investment at a press conference in Hanoi on September 5.

Ministers will discuss a host of measures to facilitate business access to markets and deeper engagement in global value chains; enable MSMEs to get access to new technologies, improve management capacity, and increase competitive edge; and promote entrepreneurship and business ethics.

They are also expected to adopt a number of documents, including a declaration on promoting start-up businesses, and a strategy developing green, sustainable and innovative SMEs.

A broad array of related meetings will be held during the event such as the 45th Apec Small and Medium-sized Enterprise Working Group Meeting, Apec Online to Offline (O2O) Forum, Apec Startup Forum, and Forum on Apec Digital Economy.

Vietnam joined Apec in 1998. SMEs employ more than 50 percent of the workforce and contribute more than 40 percent to the GDP in the country.



Category: Economy, Vietnam

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