The program approved under this August 20 Decision aims to mobilize domestic and foreign resources to invest in rural industrial production and industrial promotion services, contributing to promoting economic-labor restructuring, eliminating hunger, reducing poverty and developing socio-cultural life in rural areas.
The program targets organizations and individuals directly investing in industrial production in districts, towns, townships and communes, including small- and medium sized enterprises set up and operating under the Enterprise Law, cooperatives set up and operating under the Cooperative Law, and individual business households under Government Decree No. 88/2006/ND-CP of August 29, 2006; and industrial promotion service organizations, including industrial promotion centers, scientific and technological training and research institutions and enterprises engaged in consultancy, training, technology transfer, information supply, trade promotion and other activities related to rural industrial production.
The program covers 7 sub-programs with implementation funds estimated at VND 400 billion from the central budget.-