Vietnam to Foster 1,000 'Pioneer Enterprises' with Targeted Support
Economy

Vietnam to Foster 1,000 'Pioneer Enterprises' with Targeted Support

Vietnam plans to cultivate 1,000 'pioneer enterprises' by 2030, offering targeted support including credit based on future assets and intangible collateral, R&D cost subsidies, and priority in government procurement. This initiative signifies a strategic shift towards more selective and effective support for the private sector, aiming to drive economic development.

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