The Da Nang Industry and Trade Promotion Center on Thursday provided VND 2,829 billion in funding, including VND 1,125 billion from the city’s industry promotion program, for 9 industrial businesses in the districts of Ngu Hanh Son, Cam Le and Hoa Vang. The beneficiaries were Inteltech Technology Application and Solution Company Limited, Ngo Tan Duc Business Household, Phuc Dat Gia One Member Company Limited, An Khe Bamboo and Rattan Cooperative, Viet Sun High-Tech Cooperative , Vita Corporation Trading and Service Company Limited, Nguyen Thi Oanh, Tam Nguyen, and Le Thi My Hanh business household.

Grants for 9 local industrial businesses are part of the city’s project to promote the use of machinery and equipment in use in the manufacturing operation among industrial businesses in rural areas across the city. The project is included in Da Nang’s industry promotion program in 2021 launched by the Da Nang Industry and Trade Promotion Center.

Grants from the center will help these businesses drive their innovations, thereby increasing productivity, improving the quality of products, ensuring food safety. In addition, they can create more job opportunities for local residents, contributing to promoting the development of the city’s economy and improving the reputation of Da Nang industrial products at home and abroad.

Reporting by MAU DON – Translating by H.L