| Inclusive Business Hits Vietnam |
| Saturday, 14 March 2009 23:56 |
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On 6th August, SNV Vietnam and two leading Vietnamese capacity builders - Management Consultants Group (MCG) and Organisational Capacity Development (OCD) – held a kick-off meeting to discuss the launch of Inclusive Business in Vietnam. The three partners agreed to jointly carry out a nation-wide survey to explore the active interest of Vietnam’s business community to engage in Inclusive Business projects. Both MCG and OCD have expressed their intent in working with SNV – at a later stage – as brokers to identify and follow-up on investment opportunities with companies showing substantive interest.
SNV Vietnam is currently supporting the Vietnam Chamber of Commerce and Industry (VCCI), in collaboration with the World Conservation Union (IUCN), in setting up the Vietnam Business Council for Sustainable Development (VBCSD). SNV, together with MCG and ODC, plan to support VCCI in presenting the Inclusive Business initiative on the occasion of the Vietnam Business Forum, the main annual event in Vietnam bringing together principal actors from business and development communities.
At present, SNV Vietnam supports an Inclusive Business venture with Green Energy Ltd. Vietnam (GEV), which is a for-profit corporation engaged in two integrated aspects of the biofuel industry: production of biofuel feedstock through contracts with independent smallholder producers; and refinement and sale of biodiesel in the transportation and stationary energy markets. Green Energy and SNV are facilitating the smallholder-based farming of Jatropha Curcas in such a way that no harm is done to environmental or agricultural interests and, moreover, poor farmers can increase and diversify their income in a stable manner. In so doing, GEV secures inputs for the local production of biodiesel. SNV and GEV are looking forward to a closer cooperation in which SNV will be providing services in smallholder organisation.
Inclusive Business is a spin-off of the Alliance between SNV and the World Business Council for Sustainable Development (WBCSD) that has been developed and successfully piloted in Latin America over the past two years. SNV and the WBCSD Alliance are currently engaged in discussions to continue the formal partnership in Latin America and possibly expand to other regions, including Asia. Next to agribusiness, tourism and access to energy are promising investment areas.
For more information on Inclusive Business in Vietnam, contact Ms. Quynh Anh Vu Thi at This e-mail address is being protected from spambots. You need JavaScript enabled to view it Source: SNV Vietnam Newer news items:
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