5-20-2020, 16:26 GMT+7

PM urges enhanced support for businesses amid pandemic

Prime Minister Nguyen Xuan Phuc has directed authorised agencies to focus on supporting businesses to overcome challenges caused by the COVID-19 crisis and take advantage of opportunities for soon recovering.
 
PM Nguyen Xuan Phuc has directed authorised agencies to focus on supporting businesses to overcome challenges caused by COVID-19. (Photo for illustration: VNA)


He called on the business community and people to join hands with the Government in combating the disease, towards completing socio-economic development objectives set for 2020 by the National Assembly and the Government.

The PM ordered ministries, ministerial-level agencies, Government agencies and local authorities to urgently consider and handle proposals of the business community and relevant agencies, thus taking measures to remove difficulties facing businesses amid the pandemic.

The Ministry of Planning and Investment was requested to coordinate with the Government Office and relevant agencies to outline a draft Government resolution on tasks and solutions to help enterprises recover and promote production and business, and to accelerate the disbursement of public investment.

Meanwhile, ministries, ministerial-level agencies, Government agencies and People’s Committees of localities nationwide were asked to devise specific action plans to implement the above-mentioned resolution after it is issued.

The PM required the Ministry of Finance to coordinate with relevant agencies to review and propose the extension, exemption and reduction of a number of fees and charges, in order to remove difficulties facing businesses.

The State Bank of Vietnam will be responsible for instructing credit institutions to reduce interest rates of existing loans and new loans for businesses and people.

The PM ordered the Ministry of Industry and Trade to take measures to ensure materials for domestic production, and consolidate the domestic market and seek new export markets.

The Ministry of Labour Invalids and Social Affairs was asked to extend and grant new work permits for foreign experts, business managers and technical workers who are working in enterprises.

The PM also required the Vietnam Chamber of Commerce and Industry to work with concerned agencies to continue summing up difficulties and proposals of the business community, thus proposing solutions and initiatives to improve the business environment and national competitiveness, and promote business participation in public-private cooperation mechanisms.

(https://en.nhandan.com.vn/)
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