Assistance in developing human resources for small and medium-sized enterprises in Vietnam

Small and medium-sized enterprises (SMEs) are entitled to reduction or exemption of charges for training courses funded by the state budget on entrepreneurship, enterprise administration and job training for employees working in SMEs. To be specific:

1. Training in startup and business administration

- The state budget shall cover at least 50% of total expenses that SMEs likely incur in a training course in startup and business administration;

- Trainees of SMEs in severely disadvantaged areas or women-owned SMEs shall be eligible for being offered free tuition fees.

2. Vocational training

Trainees of SMEs in a training course at elementary level or lasting for fewer than 3 months shall be eligible for being offered free tuition fees. Remaining costs shall be agreed by the SMEs and workers. A trainee must meet the following criteria:

- He/she has worked in the SME for at least 06 consecutive months;

- He is up to 50 years of age and she is up to 45 years of age.

3. Training at premises of SMEs

- A SME in the sector of production and processing may have its 50% of expenses incurred in a training course at its premises covered, but not exceeding once a year;

- A training course at the SME’s premises shall have at least 10 trainees.

Moreover, the State shall provide online training programs and training programs through mass media for SMEs and provide training courses at premises of SMEs engaged in production and processing areas.

Legal basis: Law on providing assistance for small and medium-sized enterprises 2017 and Decree No. 39/2018/NĐ-CP of Vietnam’s Government.

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