24 May, 2019
Question: What are new regulations on human resource development for SMEs as stipulated in Circular 05?
Answer:
Regulations on the support levels from the state budget
Circular 05 specifies the support levels from the state budget, namely supporting at least 50% of the total cost of organizing a training course for business start-ups, business administration and 100% tuition for attendants of SMEs in extremely difficult socioeconomic areas and attendants of SMEs owned by women when participating in training courses in business start-ups, business administration and intensive business administration.
Regulations on training courses
Circular 05 stipulates regulations in business start-ups, business administration, intensive business administration, direct training in manufacturing and processing enterprises, online training and training via mass media.
Each training courses will provide learners with knowledge related to that training.
In addition, the contents of training courses are also detailed by Circular 05, including training course name, training subject, training duration, attendants, and the minimum number of attendants and organizing processes.
Particularly for online training and training via mass media, employees and managers of small and medium sized enterprises will be granted an account to participate in learning on the online systems or their mobile device.
Circular 05 took effect from May 12, 2019./.
VGP
For further information, please contact:
Dang The Duc, Partner, Indochine Counsel
duc.dang@indochinecounsel.com
