Comprehensive support programme for Vietnamese businesses announced

Wednesday, 2021-04-28 11:18:29
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Delegates at the ceremony (Photo: VNA)
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NDO – The Ho Chi Minh City Financial Investment State-owned company (HFIC), the Sai Gon Giai Phong (Liberated Saigon) Newspaper, and the Saigon Union of Trading Co-operatives (Saigon Co.op) held a ceremony on April 27 to announce a comprehensive support programme for Vietnamese businesses.

Under the programme, they will join hands to provide support for Vietnamese businesses in advertising their brands, gaining access to investment in production, and promoting products in both domestic and foreign markets.

According to Nguyen Ngoc Hoa, Chairman of HFIC's Members' Council, the company will be active in assisting projects on developing and expanding production, and on building technical infrastructure for production.

HFIC also pledges to help businesses to access investment loans with the most preferential interest rates, in accordance with the law and regulations of HFIC.

Nguyen Anh Duc, Saigon Co.op's General Director, said the company will make a list of Saigon Co.op’s Vietnamese partners in order to nominate businesses to join the comprehensive support programme to receive support in capital, brand and market share.

At the same time, Saigon Co.op will build policies to stimulate the purchasing power for these businesses’ products.

The company will also cooperate with Sai Gon Giai Phong Newspaper and HFIC to organise activities connecting Vietnamese businesses with domestic and foreign businesses, and thus help them develop larger production scale.