Vietnam to Subsidize Half of Loan Interest for Technology Innovation
Vietnam's National Fund for Technology Innovation (NATIF) has launched a program to subsidize 50% of loan interest for businesses pursuing technological innovation and adoption. The support, capped at 6% annually for up to five years, will allocate VND 50 billion (approx. $2 million USD) in its first phase, aiming to boost the competitiveness and industrial advancement of enterprises.
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