Function:
Licenced to operate at the national level, VietED Foundation focus on supporting the economic development of Vietnamese households through the research and application of advanced science technologies and successful economic models. The Foundation’s main functions are:
1. To mobilize donation and investment capital to provide microfinance services to low-income households and micro-enterprises.
2. To test, evaluate and replicate sustainable models in microeconomic and agricultural development such as new livelihood development, business skills building, financial support, market connection, and agricultural products branding.
3. To offer training and capacity building in the fields of microfinance and business development; provide technical extension services in the fields of agriculture, forestry and fishery to household to help them use their loans efficiently for business development.
Organisational structure:
VietED Foundation is structured in compliance with current regulation and to ensure effective management. VietED structure includes:
– Founding committee (5 people)
– Board of Directors (5 people)
– Management Team (4 people: Director, Operation Manager, Training Manager, Chief Accountant)
– Internal Control Committee (2 people)
– Branch (4 people)
Microfinance experiences
| TT |
Description |
Main partner/ Donor |
Time |
| From 2011 to date (Projects conducted by VietED team) |
| 1 |
Implementation of VietED Microfinance Project in Quynh Luu, Nghe An |
Nafoods Company |
2011 to date |
| 2 |
TA to “Golden Hand Program” in Can Tho Province, in the frame work of Project “Improving economic development capacity to women in the Mekong Delta” (cooperation between Save the Children and Can Tho’s Women Union) |
Save the Children |
2011 to date |
| 3 |
TA to Thanh Hoa Fund for Poor Women on “Marketing, internal communication and financial projection capacity: Review and suggestions for improvement” in the frame of the Project “Formalisation of microfinance organisation” funded by ADB |
ADB |
From 3/2012 to date |
| 4 |
A number of projects on “Building and managing Geographical Indications – GIs” for different agricultural products, including Moc Chau’s San Tuyet Tea (Moc Chau Province), Van Yen “Cinnamon Bark” (Van Yen district, Yen Bai Province), Yen The Hill Chicken (Yen The District, Bac Giang Province) |
National Office of Intellectual Property of Vietnam (NOIP) |
2011 – nay |
| Before 2011 (Projects implemented by founding members and key staff of VietED before the establishment of the Foundation) |
| 5 |
“Microfinance service to low-income people” projects in various provinces: Thanh Hoa (1995), Ha Noi (2003), Bac Ninh (2007), Thai Binh (2010) |
Save the Children, Oxfam Novib
ADA |
1995 – 2010 |
| 6 |
TA on “developing an improved management and operation model for the Ha Tinh Women Development Fund” |
Ha Tinh Women Union |
2009 – 2010 |
| 7 |
Microfinance/microcredit component in the “Viet Nam Urban Upgrade Project”, implemented in Ho Chi Minh City and Hai Phong. |
ADCOM |
2009 – 2010 |
| 8 |
Financial Education training for members/client of various MFIx in Viet Nam |
Citi Foundation |
2009 |
| 9 |
Project on “Livelihood and business skills development for people living in the costal areas affected by climate change in Thai Binh, Nam Dinh and Khanh Hoa Provinces” |
MCD |
2009 – 2010 |
| 10 |
TA to “Golden Hand Program” in Can Tho Province, in the frame work of Project “Improving economic development capacity to women in the Mekong Delta” (cooperation between Save the Children and Can Tho’s Women Union) |
Save the Children |
2013 |