Ireland supports social enterprise development in Vietnam

By Minh Hung, Thanh Nien News

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Sutia "Kim" Alter, the managing director of Virtue Venture Company,  which provides technical services and conducts research on social entrepreneurship, shares her experiences with Vietnamese civil society organizations. Photo Courtesy of CSIP
The NGO Center for Social Initiatives Promotion (CSIP) held a conference in Ho Chi Minh City on Wednesday to facilitate a program funded by Irish Aid to support social enterprise development in Vietnam.
The event offered a forum to discuss the role of civil society organizations in Vietnam and their prospects of being transformed into social enterprises.
CSIP director Pham Kieu Oanh said civil society organizations are playing an important role in solving social issues and facilitating development.
“Social entrepreneurship is an effective solution for sustainable operation of civil society organizations in Vietnam,” she said.
The Innovating Civil Society Organizations Support Program, a two and a half year program will seek to increase understanding and recognition by government and civil society of social enterprises and their respective roles in pursuing social impact in the country while helping civil society organizations move toward self-financing.
The seeks to promote the empowerment of women, ethnic minorities and people with disabilities by helping selected organizations successfully develop or implement social enterprises meant to secure their financial sustainability.
The project will support 30 organizations in personnel training and self-assessment and supplying consulting on planning for 12 organizations.
Another six organizations will receive in-depth support, including funding of 3,000 euros each and consulting on operations and networking.
According to CSIP, there are about 147,900 civil society organizations in Vietnam, including NGOs, cooperatives, associations and community-based organizations.

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