[APD 2018:Financing for social economy in Vietnam] Centre for Social Initiatives Promotion (CSIP)

SSE Organisation
Social Finance / Impact Measurement
Governance / Eco-system
Public Policy / Legal Framework

Presented at: Asia Policy Dialogue, Regional Dialogue Group 2. Northeast Asia, Seoul 2018

Organisation: Centre for Social Initiatives Promotion (CSIP), Vietnam  

Date: July 6th, 2018 

PresenterMs. Pham Kieu Oanh (CEO) 

Contact: phamkieuoanh@csip.vn


  • There are several types of social economy enterprises in Vietnam such as Social enterprises, co-operatives, Impact Enterprises. The estimated total number of it is 145,000.
  • Social economy institutions such as self-managed groups take up a lot, but impact enterprises are dominant and very potential as well. There are different impacts to disadvantaged population and Vietnam development goals. There is a lot to be improved from the perspective of agriculture and food, climate change, energy, health care, etc.
  • Several challenges of SE in raising capital include lack of access(financially unattractive, insufficient), lack of capacity (under-defined needs for capital and long-term vision), lack of impact reporting mechanism and lack of supportive infrastructure and intermediaries.
  • In supply trends, the government have some financial incentives. They try to avoid recognizing NGO in Vietnam. Social enterprise is visible. People may talk a lot about their achievement. If you do not enter, you are invisible. That's why NGO is invisible.