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- 18 / 08 / 2019 -
Support 100% of funding for organizing start-up training for small and medium enterprises

On 08/08/2019, the Government issued Circular No. 49/2019 / TT-BTC guiding the management and use of State budget funding to support the development of human resources for small and medium enterprises. The Circular takes effect from 23/09/2019.
Accordingly, the State budget supports the total cost of organizing a training course to start a business, business administration in small and medium enterprises operating in the field of production and processing for the expenses of recruiting; expenses for lecturers and reporters; expenses for printing, photo, buying learning materials according to the content of the training program for students (not including references) …
Specifically, the level of support from the State budget stipulated in Point a, Clause 1, Article 14 of Decree No. 39/2018/ND-CP in the total cost of organizing a training course to start a business is 100% at most, maximum corporate governance is 70% and intensive corporate governance is 50%.
For spending contents, there are specific regulations on standards and norms, such as rewarding students; spending on exam questions, examination and examination; working expenses; … must comply with the prescribed regime. Particularly for foreign lecturers and reporters, the determination of the amount of State budget to support teaching remuneration, travel, accommodation and accommodation expenses applies to domestic lecturers and reporters.
The new regulations of the Ministry of Finance are a source of motivation and encouragement for the development of small and medium-sized enterprises, contributing to Vietnam’s businesses to develop stably and grow stronger in the process of international economic integration.