Trade Capacity Enhancement Project launched

08:44 | 24/09/2014

VGP – The Viet Nam Association of Foreign-Invested Enterprises cooperated with the Small and Medium-sized Enterprises Association in the South to launch the Trade Capacity Enhancement Project (TRACE II) in Viet Nam on September 23.

Illustration photo

The project will be invested with €525,000, of which €472,000 is sponsored by the EU.

The project aims to accelerate integration of the nation in the international trade system and enhance the trade relations between Viet Nam and the EU as well as optimizing benefits for economic development and poverty reduction.

The project includes enhancement of trade and investment capacity, establishment of a Trade Advisory Committee to increase the capacity of associations to make greater contributions into the national-level policy consultancy and trade and investment policy-making and setting up a trade model for the participation of SMEs at localities.

By Thuy Dung