Denmark increases private sector support

April 01, 2014 | 12:19

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The Danish Business Partnerships Progamme announced on March 28 that it would increase support to development of the private sector in Vetnam with a focus on the areas of food safety and clean technology.

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Since 1997, the programme granted more than $74 million to 300 pilot projects and to more than 150 long-term partnerships, several of which are still in business, even after the conclusion of Danida’s financial support.

”I strongly believe the Danish Business Partnerships Programme, together with other Danida business support instruments, can contribute to poverty reduction and sustainable development in Vietnam. Denmark, Danish companies and partners stand by Vietnam with our knowledge and know-how in the areas of food safety and clean technology,” said Danish ambassador to Vietnam John Nielsen.

Despite Vietnam’s recent years of economic growth, there is still demand for support in mutualising it with sustainability. Danida’s Business Partnerships Programme would address this, including support of green technology transfer, job creation and improving the environment.

By By Bich Ngoc

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