Viet Nam: COVID-19 Relief for Women-Led Small and Medium-Sized Enterprises
Project Details
-
Project Officer
Chu, Minh Thi Hong
Southeast Asia Department
Request for information -
Country/Economy
Viet Nam -
Sector
- Finance
| Project Name | COVID-19 Relief for Women-Led Small and Medium-Sized Enterprises | ||||
| Project Number | 54233-001 | ||||
| Country / Economy | Viet Nam |
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| Project Status | Active | ||||
| Project Type / Modality of Assistance | Grant |
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| Source of Funding / Amount |
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| Strategic Agendas | Inclusive economic growth |
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| Drivers of Change | Gender Equity and Mainstreaming Governance and capacity development Partnerships Private sector development |
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| Sector / Subsector | Finance / Small and medium enterprise finance and leasing |
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| Gender Equity and Mainstreaming | Gender equity | ||||
| Description | |||||
| Project Rationale and Linkage to Country/Regional Strategy | |||||
| Impact | Economic recovery accelerated | ||||
| Project Outcome | |
|---|---|
| Description of Outcome | Businesses of eligible enterprises affected by COVID-19 revived and sustained Eligible enterprises must qualify as small and medium-sized enterprises by either (i) borrowing for an original principal amount between $5,000 and $1 million or (ii) meeting 2 out of the 3 following sub-criteria: (a) between 10 and 300 employees, (b) total assets between $100,000 to $15 million, and (c) annual sales between $100,000 and $15 million. Eligible enterprises must also qualify as women-led or women-owned businesses by either (i) being at least 51% owned by a woman or women; or (ii) meeting all of the following 3 sub-criteria: (a) at least 20% owned by a woman or women, (b) a woman as senior or second most senior executive, and (c) at least 30% of the board members are women (where a board exists). |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | Access to finance for eligible enterprises affected by COVID-19 improved |
| Status of Implementation Progress (Outputs, Activities, and Issues) | |
| Geographical Location | Nation-wide |
| Safeguard Categories | |
|---|---|
| Environment | C |
| Involuntary Resettlement | C |
| Indigenous Peoples | C |
| Summary of Environmental and Social Aspects | |
|---|---|
| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| During Project Design | |
| During Project Implementation | |
| Responsible ADB Officer | Chu, Minh Thi Hong |
| Responsible ADB Department | Southeast Asia Department |
| Responsible ADB Division | Viet Nam Resident Mission |
| Executing Agencies |
Asia Commercial Joint Stock Bank 442 Nguyen Thi Minh Khai Street, Ward 5, District 3, Ho Chi Minh City, Viet Nam Asian Development Bank 6 ADB Avenue, Mandaluyong City 1550, Philippines Joint Stock Commercial Bank for Investment and Development of Viet Nam BIDV Tower, 35 Hang Voi, Hoan Kiem, Hanoi, Viet Nam Sai Gon-Ha Noi Commercial Joint Stock Bank 77 Tran Hung Dao Street., Hoan Kiem District., Ha Noi, Viet Nam State Bank of Vietnam [email protected] 47-49 Ly Thai To Street Hanoi Vietnam State Bank of Vietnam 47-49 Ly Thai To Street Hanoi Vietnam Tien Phong Commercial Joint Stock Bank 57 Ly Thuong Kiet Str., Hoan Kiem Dist, Ha Noi, Viet Nam Vietnam Prosperity Joint Stock Commercial Bank 89 Lang Ha Street, Lang Ha ward, Dong Da District, Ha Noi, Viet Nam |
| Timetable | |
|---|---|
| Concept Clearance | 13 Mar 2022 |
| Fact Finding | 23 Apr 2020 to 23 Apr 2020 |
| MRM | 23 Jul 2020 |
| Approval | 09 Dec 2020 |
| Last Review Mission | - |
| Last PDS Update | 09 Dec 2020 |
Grant 0781-VIE
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 09 Dec 2020 | 22 Dec 2020 | 12 Apr 2021 | 30 Jun 2023 | - | - |
| Financing Plan | Grant Utilization | ||||
|---|---|---|---|---|---|
| Total (Amount in US$ million) | Date | ADB | Others | Net Percentage | |
| Project Cost | 5.02 | Cumulative Contract Awards | |||
| ADB | 0.00 | 17 Jun 2022 | 0.00 | 1.41 | 28% |
| Counterpart | 0.02 | Cumulative Disbursements | |||
| Cofinancing | 5.00 | 17 Jun 2022 | 0.00 | 3.94 | 79% |
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
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| Title | Document Type | Document Date |
|---|---|---|
| COVID-19 Relief for Women-led Small and Medium-sized Enterprises Project: Project Administration Manual | Project/Program Administration Manual | Aug 2021 |
| COVID-19 Relief for Women-led Small and Medium-sized Enterprises Project: Gender Action Plan | Gender Action Plans | Dec 2020 |
| Grant Agreement (Externally Financed) for Grant 0781-VIE: COVID-19 Relief for Women-led Small and Medium-sized Enterprises Project | Grant Agreement | Dec 2020 |
| Project Agreement for Grant 0781-VIE: COVID-19 Relief for Women-led Small and Medium-sized Enterprises Project | Project/Program Agreements | Dec 2020 |
| COVID-19 Relief for Women-Led Small and Medium-Sized Enterprises: Grant Assistance Report | Grant Assistance Reports | Dec 2020 |
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
None currently available.
Related Publications
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Tenders
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Procurement Plan
None currently available.