Call for Proposals: Internationalisation of Vietnamese SMEs
European Commission is calling for proposals for the the Internationalisation of Vietnamese SMEs.
Vietnam’s strong economic performance in recent years has been partly reliant on trade integration. The economy is strongly outward oriented, with trade flows accounting for 210% of GDP as of 2019 according to the World Bank. Vietnam ranks 7th in the world in terms of openness to trade. The total value of exports increased from 46% of GDP in 2001 to 107% of GDP in 2019. Empirical studies point to a positive correlation between trade liberalization, growth and poverty reduction in Vietnam. With many labor intensive, export oriented sectors, trade expansion contributed to Vietnam’s poverty reduction success story.
The global objective of this call for proposals is to maximize Vietnam’s benefits from preferential trade regimes with a focus on the EU-Vietnam Free Trade Agreement.
The specific objective of this call for proposals is to increase exports of high quality products and services from Vietnam to the EU, with a focus on SME internationalization and sustainable business practices.
The priorities of this call for proposals are:
To equip Vietnamese SMEs with the knowledge necessary to boost exports to the EU
To improve quality standards among Vietnamese exporters in line with EU and international requirements
To strengthen linkages between Foreign Direct Invested firms and Vietnamese companies
The overall indicative amount made available under this call for proposals is EUR 800,000.
Any grant requested under this call for proposals must fall between the following minimum and maximum amounts:
minimum amount: EUR 200,000
maximum amount: EUR 800,000
Any grant requested under this call for proposals must fall between the following minimum and maximum percentages of total eligible costs of the action:
minimum percentage: 50% of the total eligible costs of the action.
maximum percentage: 80% of the total eligible costs of the action.
In order to be eligible for a grant, the lead applicant must:
be a legal person and
be non-profit-making and
be a business association, an academic institution, a local authority, a Non-Governmental Organization or an International Organization as defined by Article 156 of the EU Financial Regulation and
be established in Vietnam or in a Member State of the European Union, or in a country. This obligation does not apply to international organizations and
be directly responsible for the preparation and management of the action with the co-applicant (s) and affiliated entity (ies), not acting as an intermediary and
one of the applicants (lead applicant and / or one co-applicant) must have had a presence in Vietnam for at least 3 years at the time the call for proposals is launched. This obligation does not apply to international organizations.
Potential applicants may not participate in calls for proposals or be awarded grants if they are in any of the situations.
Co-applicants participate in designing and implementing the action, and the costs they incur are eligible in the same way as those incurred by the lead applicant.
Co-applicants must satisfy the eligibility criteria as applicable to the lead applicant himself (though only one of them must satisfy the 3-year presence in Vietnam requirement).
Co-applicants must sign the mandate.
The lead applicant and its co-applicant(s) may act with affiliated entity(ies).
Only the following entities may be considered as affiliated entities to the lead applicant and/or to co-applicant(s):Only entities having a structural link with the applicants (i.e. the lead applicant or a co-applicant), in particular a legal or capital link.
This structural link encompasses mainly two notions:
Control, as defined in Directive 2013/34/EU on the annual financial statements, consolidated financial statements and related reports of certain types of undertakings:
Entities affiliated to an applicant may hence be:Entities directly or indirectly controlled by the applicant (daughter companies or first-tier subsidiaries). They may also be entities controlled by an entity controlled by the applicant (granddaughter companies or second-tier subsidiaries) and the same applies to further tiers of control;
Entities directly or indirectly controlling the applicant (parent companies). Likewise, they may be entities controlling an entity controlling the applicant;
Entities under the same direct or indirect control as the applicant (sister companies).
Membership, i.e. the applicant is legally defined as a e.g. network, federation, association in which the proposed affiliated entities also participate or the applicant participates in the same entity (e.g. network, federation, association,…) as the proposed affiliated entities.
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