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U.S. Companies Support SME Growth in Vietnam

(Ho Chi Minh City) A delegation of major U.S. companies organized by the US-ASEAN Business Council presented a training seminar for small and medium sized enterprises (SMEs) today. The program, part of the Council’s ASEAN SME training program, included representatives of major multinational companies such as UPS, P&G, Google, Seagate, Visa, and AIG. The seminar was organized with in partnership with the Vietnam Asia Pacific Economic Center and the 2030 Businessmen Club.
 
The Council’s ASEAN SME program was established in response to a challenge by the ASEAN Economic Ministers during the Council’s annual AEM consultation in 2011 to find more ways to support SME development in the region. The program brings together multinationals to offer business training to SMEs in areas such as finance, supply chain management, search engine optimization, marketing and branding, business ethics, and data management.

“SMEs are the lifeblood of ASEAN Economies,” said Alexander Feldman, President of the US-ASEAN Business Council. “U.S. multinationals know and understand the challenges faces by SMEs. Many of our members are former SMEs and faced the same challenges when  building their businesses, and are eager to help pass on key skills.”
 
The participants included over 100 representatives of more than 60 Vietnamese companies and associations.
 
The US-ASEAN Business Council’s ASEAN SME training program is supported by a grant from the UPS foundation. The Vietnam country program was supported by P&G, Seagate, Google, and Visa, with additional support from The Coca-Cola Company and the Saigon Times Club.   U.S. Consul General in Saigon An Le also addressed the group on behalf of the U.S. government.