open mobile menu close mobile menu

[APD 2018: Opportunities and challenges for financing social initiatives in Vietnam] Central Institute for Economic Management Vietnam

Category: 
Local Government
Asia
Class: 
Social Finance / Impact Measurement
Public Policy / Legal Framework

Presented at: Asia Policy Dialogue, Thematic Dialogue Group 1. Public funding for promoting SSE, Seoul 2018

Organisation: Central Institute for Economic Management, Vietnam 

Date: July 6th, 2018 

PresenterCompetitiveness Department) Ms. Nguyen Minh Thao (Director of the Business Environment,

Contact: nthao@mpi.gov.vn 

Summary: 

  • In 2014 Vietnam has legally recognized the model of social enterprise.
  • Main areas of social initiatives such as education, health care, tourism, environment, arts and crafts were created.
  • Several opportunities and challenges were pointed out during the discussion.
  • Some policy solutions for financing social initiatives in Vietnam were mentioned. They included removing barriers for the business environment, developing more incentive policies for social initiatives and shorten gaps between regulations and implementation, increasing opportunities for accessing loans and developing policies on attracting social investment.