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Economy

Vietnam to drive high-tech startups with new incentives

After COVID, Hanoi aims to boost country's growth potential

Startups in Hoa Lac Hi-Tech Park are exempted from land leases for 50 years. (Source photo by Reuters)
TOMOYA ONISHI, Nikkei staff writer | Vietnam

HANOI -- Vietnam will launch a program to accelerate the founding of startups in information technology and other high-tech businesses in a bid to boost the country's growth potential as COVID-19 weighs on the economy.

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