Regulations on management of assistance for SMEs in Vietnam

What are regulations on management of assistance for SMEs in Vietnam? I have a need to learn about this content, please advise according to the latest regulations. 

1. Regulations on general management of assistance for SMEs in Vietnam

According to Clause 1, Article 6 of Circular 06/2022/TT-BKHDT (effective from June 25, 2022), general management of assistance for SMEs is as follows:

1. General management

a) General management activities include: conducting communication activities regarding assistance and types of assistance provided for SMEs; organizing seminars, conferences guiding, concluding SME assistance operation; organizing groups for assessing implementation of SME assistance; surveying SME assistance demand to produce assistance plans and estimates for the planning year.

b) Ministry of Planning and Investment shall receive no more than 1% of total annual expenditure of central government budget on SME assistance to finance general management of SME assistance on a nationwide scale.

c) Contact point authorities of ministries, ministerial agencies, Governmental agencies (entities assigned to take charge and cooperate with relevant entities in developing policies, organizing implementation, assessing, consolidating reports on implementation results of SME assistance) and Departments of Planning and Investment of provinces and cities shall receive no more than 2% of total annual expenditure of state budget on SME assistance to finance general management of SME assistance within their management.

2. Regulations on direct management of assistance for SMEs in Vietnam

According to Clause 2 of Article 6 of Circular 06/2022/TT-BKHDT, direct management of assistance for SMEs is as follows:

2. Direct management

Agencies and organizations providing assistance for SMEs shall receive no more than 5% of annual state budget on SME assistance to finance direct management of SME assistance, including:

a) Activities that assistance SME: going on business trip; working overtime; communicating; organizing meetings, conferences; hiring experts; conducting surveys at enterprises; other activities directly serving SME assistance.

b) Activities of Council for selecting startup SMEs under Clause 3 Article 21 of Decree No. 80/2021/ND-CP: reviewing documents of startup SMEs; hiring experts; working overtime; communicating; organizing review meetings; appraising selection result of startup SMEs; conducting other activities related to activities of the Council.

c) The selection of suppliers shall be made in accordance with bidding laws.

Best Regards!

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