Italy supports SMEs

The Italian government is supporting a three-year scheme to help improve the capacity and competitiveness of Vietnamese small- and medium-sized enterprises (SMEs) in the wood processing industry.

Vietnamese SMEs are far behind in export markets at present, said To Hoai Nam, national project manager of SME Cluster Development Scheme implemented with technical support from the United Nations Industrial Development Organisation.

Nam said the three million-euro scheme introduced last year would have Italian and other international experts share their experiences and skills in production and design with local businesses in HCM City and Binh Duong Province, the country’s wood product manufacturing hubs.

Nam told Thanh Nien Weekly most local SMEs produced the same products without differences as they had no long-term business vision. He said the scheme also had a mission to help them change their attitudes to business and develop a model of clusters that groups producers on the basis of their own competitive advantages.

Italy has a smaller number of wooden producers than Vietnam, but is one of the strongest countries in the world market as its producers developed the clusters model, and Vietnamese SMEs should learn from it, Nam said. – Thanhnien

Tags: Vietnam companies, Vietnam enterprises, Vietnam SMEs

Posted by VBN on Nov 30 2010. Filed under Enterprises. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry