Denmark supports Vietnam’s private sector development

The positive news was announced on August 8 by Deputy Head of Mission of the Danish Embassy Christian Brix Møller at a seminar in Da Nang. The support is provided through two programmes: den_vn_privatesector

1) The Business Partnerships Programme that supports the establishment of commercial partnerships between Danish and Vietnamese companies – a programme where Denmark has granted more than USD 74 million to 300 pilot projects and to more than 150 long-term partnerships in Vietnam.

2) The Business Finance Programme which offers interest free or low interest loans to finance equipment and related services for development projects. By 2013, the Business Finance Programme has committed more than USD 100 million loans to projects in Vietnam.

“The Danish supports to the private sector includes support for green technology transfer, the creation of decent jobs, and environmental improvements” said Christian Brix Møller.

Source: Embassy of Denmark in Vietnam

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