After a thorough preliminary round and presentation, SSVN was one of 30 SIBs from many regions of Vietnam selected to participate in the program.

SSVN is honored to receive a 6-month 1:1 intensive training course and 100 million VND in seed capital awarded to the 30 best social impact businesses.
On August 3, the Department of Enterprise Development, Ministry of Planning and Investment (MPI) in collaboration with the Canadian Ministry of Global Affairs and the United Nations Development Programme (UNDP) held a press conference to announce 30 social impact enterprises (SIBs) receiving support packages from the project “Supporting the ecosystem of social impact enterprises in Vietnam to respond to Covid-19” – ISEE COVID 2023.
Top 30 outstanding SIB business organizations will receive 6-month 1:1 intensive training and 100 million VND in seed capital. This support aims to empower SIBs to transform their business models, innovate products, facilitate SIB recovery from Covid-19 and actively participate in the thriving SIB ecosystem.
Speaking at the event, Deputy Minister of Planning and Investment Tran Duy Dong said that sustainable development is becoming a common and urgent trend in the world. Issues of sustainable business, green production, carbon taxes, carbon verification tools are priorities within the framework of international and regional cooperation.

Deputy Minister of Planning and Investment Tran Duy Dong

Congratulating the 30 SIBs including SSVN that were selected, Ms. Ramla Khalidi, UNDP Resident Representative in Vietnam expressed her hope that these organizations and businesses will take full advantage of the program’s benefits to develop and improve their products and services.

Ms. Ramla Khalidi commented that with the support of the project, new products and business models will be tested, scalable and suitable to solve problems in the recovery phase after Covid-19. At the same time, businesses receiving support from the project will become key actors in building and developing the Ecosystem of businesses creating social impact in Vietnam.

SSVN and 29 outstanding sustainable businesses received support. Photo: UNDP.

The “Covid-19 Recovery Accompanying Program 2023” is implemented based on the success of the 2022 program that supported 31 SIBs in the agriculture and tourism sectors from 16 provinces and cities across the country. As a result, 100% of SIBs were able to successfully develop new products or services, maintain or increase revenue, of which some SIBs had the highest revenue increase of 19 times compared to the same period in 2021.

SIBs create more employment opportunities especially for women and vulnerable groups. 2 SIBs have raised a total of VND18 billion (over USD760,000), and at least 3 SIBs have officially exported their products abroad, further enhancing their growth and impact.

SSVN is in the top 30 enterprises creating social impact – Mr. Ho Thai Binh, director of SSVN, participated in the program sponsored by ISEE COVID

SSVN would like to sincerely thank the ISEE-COVID project for this meaningful support and SSVN is committed to creating meaningful community projects in the near future.

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