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EU sends funding for local SMEs

Update: October, 24/2013 - 11:05
A delegation from the European Union (EU) on Monday signed a deal to provide EUR4 million (US$5.5 million) for the Center for Small and Medium Enterprises European in Viet Nam.— File Photo
HCM CITY (VNS)— A delegation from the European Union (EU) on Monday signed a deal to provide EUR4 million (US$5.5 million) for the Center for Small and Medium Enterprises European in Viet Nam.

According to the delegation's ambassador, Franz Jesse, economic growth and integration in East Asia was a major factor in the EU sponsoring the project.

The vice president of the European Commission, Antonio Tajani, will head the business delegation to HCM City, in collaboration with the Viet Nam Chamber of Commerce and Industry to promote co-operation between the EU and Viet Nam. — VNS

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