Tra Vinh SME Project supports non-refundable aid of VND 1.86 billion for 4 small and medium enterprises to renovate production technology

Tra Vinh SME Project held a negotiating and contracting ceremony of a support contract for 4 businesses including Duong Phat Production and Trading Co., Ltd., Bay Khuynh Coconut Shell Charcoal Private Enterprise, Hai Ly Cylindric Glutinous Rice Cake Establishment and Hong Lien TV Co., Ltd on 17 Apr. The total investment capital for implementing the proposed ideas of 4 enterprises is over VND 4 billion, in which Tra Vinh SME Project supported 4 small and medium enterprises with non-refundable aid of more than VND 1.86 billion.

Mr. Lam Huu Phuc - Deputy Director of Tra Vinh Department of Planning and Investment - Director of Tra Vinh SME Project awarded VND 1.86 billion for non-refundable support for 4 SMEs to renew production technology

SME Project's support fund aims to help businesses innovate production technologies in association with using clean energy (solar power). These are 4 women-owned businesses. Currently, the project is implementing SME Development Assistance Program at the first phase of 2020. Deadline to receive applications for registration is Apr 30, 2020. This is one of the key activities of the project to support SME community to recover and develop production during and after the Covid-19 pandemic which is causing much damage to businesses.


Written by Hong Hanh

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