Funding from the Italian government will continue to help Vietnamese companies, including leather firms, to develop.

At a recent workshop in Hanoi entitled ‘SME Cluster Development in Vietnam’, head of the country’s ministry of planning and investment agency for enterprise development (ASMED), Ho Sy Hung, said that 90% of businesses in Vietnam are small- and medium-sized enterprise (SMEs), which means the growth of these firms is critical to the country’s economy.

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