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“Developing SMEs in Vietnam and Germany” dialogue takes place in Hanoi
Thu Minh 12:39, 2016/11/16
The fifth dialogue, themed “Developing small and medium-sized enterprises in Vietnam and Germany”, between the Communist Party of Vietnam and the Social Democratic Party of Germany (SPD), was held in Hanoi on November 15.
 
Head of the Party Central Committee’s Commission for External Relations Hoang Binh Quan receives Vice President of the German parliament Edelgal Bulmahn.
Head of the Party Central Committee’s Commission for External Relations Hoang Binh Quan receives Vice President of the German parliament Edelgal Bulmahn.
The dialogue aims to help the two countries better understand about the small and medium-sized enterprises (SMEs), which play an important role in economic development of many countries, especially Vietnam.
Addressing the opening ceremony, head of the Party Central Committee’s Commission for External Relations Hoang Binh Quan said the Vietnamese Party and State highly value SMEs, evidenced by the issuance of support policies and incentives. 
The 14th NA is discussing the promulgation of the Law on SMEs support, Quan said, adding that the dialogue is a good chance for mutual reference and learning. 
Vice President of the German parliament Edelgal Bulmahn, for her part, said SMEs are a driver of German economy as they account for 90 percent of the total. 
Through three sessions, the dialogue focused its discussion on the significance of SMEs in the economy, experience in SMEs development, opportunities and challenges to SMEs, relevant policies and guidelines of each Party. 
Participants proposed practical measures for SMEs innovation in the new period. 
During the closing ceremony, both sides shared the view that discussions at the dialogue provide them a source of reference for sustainable development and practically contribute to the implementation of the Hanoi Joint Statement on the Vietnam-Germany strategic partnership issued in October 2011.
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