SACE LAUNCHES US$1.3 BILLION INVESTMENT PACKAGE FOR VIETNAM
(ICE, Vietnam, 9 May 2024) Italian ECA SACE has unveiled a US$1.3 billion aid package aimed at supporting Italian businesses in Vietnam. Vietnam, one of the fastest-growing economies in Southeast Asia, has become a focal point for Italian companies seeking investment opportunities, said a SACE representative.“With a capital support plan of up to US$1.3 billion, Italian businesses as well as Vietnam will have easier access to technology and supplies from Italy to promote investment and development,” said Michal Ron, head of International Business at SACE, at a press conference on May 7.The funding will prioritize sectors such as renewable energy, manufacturing, and agriculture.
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