Economy & Policy

Hung Yen Sets 2035 Targets for Women-Owned Businesses

Hung Yen's 2026-2035 plan targets legal support for 25,000 women-owned businesses, cooperatives and household businesses, plus a 35% female director/owner ratio.

By Nathan Brooks

5 min read

Hung Yen: Supporting women in entrepreneurship and sustainable economic development. - Vietnam.vn
Hung Yen: Supporting women in entrepreneurship and sustainable economic development. - Vietnam.vnStartupStockPhotos / pixabay

What's News

  • Plan No. 216/KH-UBND was issued on June 8, 2026, covering the 2026-2035 program.
  • By 2035, Hung Yen targets legal and advisory support for 25,000 women-owned businesses, cooperatives and household businesses.
  • The female director/owner ratio target rises from 30% in 2030 to 35% in 2035.
  • More than 3,000 women are starting businesses; women own over 6,400 enterprises and nearly 360 cooperatives.
  • Thai Binh Organic Farm Cooperative generates more than 2 billion VND a year and employs about 10-20 workers.

By Nathan Brooks

Plan No. 216/KH-UBND targets legal and advisory support for 25,000 women-owned businesses, cooperatives and household businesses by 2035. It also sets a 35% female director/owner ratio target for 2035. The People’s Committee of Hung Yen province issued the plan on June 8, 2026.

What does the new plan change for women owners?

Hung Yen’s move from Project 939 to Project 2415 shifts broad encouragement toward specific support and opens a new phase of collaboration. Project 939 covered women’s entrepreneurship from 2017 through 2025; Project 2415 covers 2026 through 2035. The People’s Committee says the new phase will help women develop businesses, cooperatives and sustainable economic models.

For owners, the change means defined help with registration, credit, skills and market access. The Provincial Women’s Union will raise awareness of the Party’s guidelines and State policies and laws on entrepreneurship, while promoting business ideas, legitimate wealth creation, enterprise development and gender equality.

The Provincial Women’s Union organizes forums and seminars on women’s entrepreneurship through digital technology platforms. It also profiles exemplary female entrepreneurs to encourage others. The plan assigns women’s associations at all levels to improve access to loan capital, management knowledge, startup skills, digital transformation and technology in production, promotion and consumption.

The plan also ties vocational training, technology transfer and trade promotion to practical needs, including green economic models and circular production.

Pham Thi Huong, Deputy General Director of Thai Binh Organic Farm Cooperative in Hong Minh commune, built a clean-agriculture business around circular organic farming and experiential tourism. She received capital, technology transfer and communication and sales training from the Women’s Union at all levels and relevant agencies.

The Social Policy Bank and the Agricultural and Rural Development Bank provided employment-generating loans totaling 600 million VND. Her model generates more than 2 billion VND in revenue per year and employs approximately 10 to 20 workers.

It won second prize at the regional level and an honorable mention at the national level in the Women’s Creative Entrepreneurship and Green Transformation Competition organized by the Vietnam Women’s Union.

Phan Thi Cham, chairwoman of the board of directors and founder of Bao Hung International Joint Stock Company, grew a family traditional confectionery business into a small production facility and then a reputable brand sold domestically and internationally.

Cham said: "Success doesn't necessarily come from chasing trends, but should be built on product quality and the unique values of the business." She also said women entrepreneurs need to choose the right path, persistently build a foundation and maintain credibility.

Hung Yen Provincial Women’s Union reports that more than 3,000 women in the province are starting businesses. Women own more than 6,400 enterprises and nearly 360 cooperatives. Union units at all levels have guided and supported the establishment of 36 cooperatives and 118 cooperative groups managed by women.

This year, the Provincial Women’s Union will focus on production and business capacity, digital transformation, science and technology, a green economy and market connections. From 2026 through 2035, it will link entrepreneurship support with a project for women-managed cooperatives and job creation for female workers by 2030.

The union says the new program will accompany women from ideas through development, turning ideas into products, livelihoods and jobs.

What will Hung Yen deliver by 2030?

Plan No. 216/KH-UBND sets these targets for 2026 through 2030:

  • Inform 80% of female members about the Party’s guidelines, policies and laws on economic development and entrepreneurship.
  • Improve the knowledge, capacity and skills of 90% of full-time Women’s Union officials at all levels to organize support for entrepreneurship, business development, cooperatives and collaborative groups.
  • Provide information, advice and legal assistance to 15,000 women-owned businesses, cooperatives, partnerships and household businesses.
  • Enhance business knowledge and skills for 1,500 women who own businesses, household businesses, cooperatives or women-led cooperative groups.
  • Advise 1,500 women-owned businesses, cooperatives and household businesses seeking preferential credit, startup and innovation funds.
  • Guide 300 women-owned businesses to register as enterprises. Support 75 enterprises and cooperatives owned or managed by women through restructuring, consolidation and stronger member capacity.
  • Strive for a 30% ratio of female directors and owners among businesses and cooperatives.
  • Support digital transformation, green transformation, sustainable business and ESG standards for at least one women-owned enterprise, cooperative or livelihood project cluster. Prioritize rural women, women with disabilities and women in difficult circumstances.

What changes in the final five years?

Plan No. 216/KH-UBND raises most delivery benchmarks for 2031 through 2035:

  • Raise awareness among 90% of female members, up from 80% in the first period.
  • Enhance the knowledge, capacity and skills of 100% of full-time Women’s Union officials at all levels, up from 90%.
  • Provide information, advice and legal assistance to 25,000 women-owned businesses, cooperatives and household businesses on registration, tax, inclusive finance, preferential credit and innovation.
  • Enhance business knowledge and skills for 2,500 women who own businesses, household businesses, cooperatives or women-led cooperative groups. Provide consulting support to 2,500 businesses, cooperatives and household businesses seeking preferential credit, startup and innovation funds.
  • Guide 500 women-owned businesses to register as enterprises. Support 150 enterprises and cooperatives owned or managed by women through restructuring, consolidation and stronger member capacity.
  • Strive for a 35% ratio of female directors and owners among businesses and cooperatives.
  • Support digital transformation, green transformation, sustainable business and ESG standards for one to two women-owned enterprises, cooperatives or livelihood project clusters, with particular attention to women with disabilities and women in difficult circumstances.
  • Propose gender-inclusive policies that remove obstacles to women starting businesses. Build a startup ecosystem designed to welcome women entrepreneurs and business startups.

For women owners, the province’s 2030 job target and its 35% director/owner benchmark will show whether expanded training, legal help and credit guidance produce durable employers.

Source: GN: Entrepreneurship

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News editor covering regulation, policy and their impact on entrepreneurship, startups and venture funding at Business Bearings.

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