Vietnamese female entrepreneurs empoweredIn Asian cultures with a strong patriarchal system, women are considered the weaker sex and caregivers, meaning that they must care for older parents, feed the family and educate children. Moreover, empirical evidence suggests that female entrepreneurs are often facing many obstacles to grow their businesses from micro or small to medium or large productive enterprises with transformational economic impact,” said World Bank Country Director for Vietnam Ousmane Dione. “Empowering female entrepreneurs, paving the way for their business to grow, creating favourable conditions for women to enter high-growth sectors, are crucial for job creation, income increase and poverty reduction”, he added. WISE partners with start-up support programmes in its ecosystem and provides support to ensure that more women benefit from them, she said. Meanwhile, Ousmane Dione said: “A substantial proportion of women entrepreneurs remain unserved by financial institutions in Vietnam.

Source: VietNamNet News September 29, 2017 08:03 UTC