Business

Denmark helps VN business lift competitiveness

The Global Competitiveness Facility under the Danish International Development Agency (DANIDA) on Sept. 23 launched a programme to assist Vietnamese enterprises in the 2011-2013 period.
The Global Competitiveness Facility under the Danish InternationalDevelopment Agency (DANIDA) on Sept. 23 launched a programme to assistVietnamese enterprises in the 2011-2013 period.

Under theprogramme, GCF will provide 216 billion VND (10.3 million USD) asnon-refundable aid to between 50-60 private and non-State economicorganisations in Nghe An, Thanh Hoa, Khanh Hoa, Phu Yen, Dac Lac, LamDong, An Giang and Can Tho provinces.

Enterprises involving inagriculture, farm produce processing, fisheries, aquaculture,handicrafts and tourism will be given priority. Top priority will begiven to female entrepreneur producers.

GCF’s programme aimsto help develop trade services, which bring active and long-termbenefits to the development of the value chain towards exports. It alsohelps reduce financial risk for private and non-State organisations,which are providing new business services and new technology or areseeking new export markets and applying new business models.

Inthe 2006-2010 period, GCF granted 135 billion VND to 52 Vietnameseenterprises in Ha Tay, Nghe An, Khanh Hoa and Lam Dong provinces,generating 6,396 jobs for local people./.
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