Từ khóa: #support package

Pragmatic approach to businesses needed

Pragmatic approach to businesses needed

Most businesses that are in need of capital in the current economic scenario expect a regulatory adjustment, as most of them are facing extreme difficulties in running their entire operations.
Illustrative photo.

Obstacles in disbursement of support package

The State Bank of Vietnam has announced adjustment of credit limit for 2022 for fifteen commercial banks by 1 percent to 4 percent, and at the same time requested banks to step up disbursement of the 2-percent interest rate support package as per Decree 31/2022/ND-CP. 
Enterprises receive many export orders in new year

Enterprises receive many export orders in new year

On the first days of the new year 2022, many businesses have accelerated production to meet orders of millions of US dollars. Many of them even have planned to expand their production scale to receive orders that are moving from countries in the region to Vietnam.
Covid-19 patients entering Vietnam in HCMC will be transferred to Field Hospital No.12 in Thu Duc City

HCMC has 88 Omicron variant infection cases so far

The Ho Chi Minh City Steering Committee for Covid-19 Prevention and Economic Recovery yesterday held a regular meeting to update the pandemic status in the city as well as matters related to the upcoming Tet Holiday.

SIHUB organizes various activities to support innovative startups, attracting a large number of participants. (Photo: SGGP)

Vietnam to use institutional leverage to boost innovative startup

Important documents of the 13th Party Congress for the first time has identified science-technology and innovation as a strategic breakthrough for the national development. This is the foundation for the creation of a friendly environment to maximize the values from startup activities and scientific knowledge of the community.

Largest-ever support package to strengthen farmers

Largest-ever support package to strengthen farmers

The Government has just submitted a support package of VND350 trillion (US$15.43 billion) for socio-economic recovery and development to the National Assembly. This is the largest stimulus package in history up to this point, with the expectation that the entire economy will overcome the pandemic, ensuring that no one is left behind.
Scale of support package must triple

Scale of support package must triple

The Ministry of Planning and Investment has just submitted to the Government a program for economic recovery and development after the Covid-19 pandemic. The scale of the program calls for a package of VND800,000 billion, about 10 percent of the GDP, and 3.5 times higher than the 2021 support package. 

Director of HIDS suggests spending up to VND40 trillion to support businesses

Director of HIDS suggests spending up to VND40 trillion to support businesses

Vietnam has suffered huge economic losses in the past two years. In 2020, economic growth was expected to be 6.8 percent, but it was only 2.9 percent for the whole year. In 2021, the economic growth target is 6 percent, but the actual achievement will possibly be not higher than 3 percent. It means that within two years, the country has lost about 7 percent of its GDP (GDP is currently about US$343 billion), equivalent to a loss of nearly $24 billion. Mr. Tran Hoang Ngan, Director of the HCMC Institute for Development Studies (HIDS) stated.
HUBA: Enterprises already exhausted, in dire need of financial support

HUBA: Enterprises already exhausted, in dire need of financial support

According to Mr. Chu Tien Dung, Chairman of the Ho Chi Minh City Union of Business Associations (HUBA), the resources of enterprises have been exhausted, and they no longer have enough capital to restore production quickly. Therefore, businesses need mechanisms and support policies to remove difficulties for economic recovery and development in the coming time.
Interest rate cut not as expected

Interest rate cut not as expected

Many commercial banks have announced a 0.5-3 percent cut in lending interest rates and many policies to support customers affected by the Covid-19 pandemic. However, feedback from individual customers in Ho Chi Minh City shows that banks have refused to aid them, even when they are in blocked areas and need priority.
NA Committee gives Covid-19 support package worth VND848 mln to HCMC

NA Committee gives Covid-19 support package worth VND848 mln to HCMC

The Standing Board for the Vietnam Fatherland Front Committee of Ho Chi Minh City yesterday held a ceremony of receiving and handing over a support package including cash, essential goods and stuff, critically-needed medical equipment and supplies donated by the Committee for Social Affairs under the National Assembly to the agencies, units, hospitals and residents in the city.
Chairwoman of District 5 People’s Committee Truong Minh Kieu is delivering a social security package to a household in Ward 14.

HCMC ensuring social security to all residents via innovative policies

Ho Chi Minh City is still in its shelter-in-place period, leading to life of many citizens turning more troublesome. As directed by Secretary of HCMC Party Committee Nguyen Van Nen, the municipal authorities are doing their best to make sure each resident here receive the highest social security level possible. These leaders have shared with Sai Gon Giai Phong Newspaper positive achievements from the latest innovative policies implemented in the city.

Interest rates gradually decrease

Interest rates gradually decrease

The wave of interest rate cuts has been activated, and it is forecasted that the interest rate level will remain low from now until the end of the year to support businesses and the economy amid the context that the Covid-19 pandemic prolongs as currently.
Dwellers in Quarter 7 of An Khanh Ward in Thu Duc City received support packages in the pandemic. (Photo: SGGP)

HCMC promises to deliver support package to each resident in need

The Covid-19 pandemic has made many a large number of people living in Ho Chi Minh City, especially those from other provinces, face so many financial difficulties. The municipal authorities have tried all ways to offer both physical and spiritual help to those vulnerable individuals. In reality, however, there are still cases that have not received sufficient support. A collaboration between the localities and communities is they key to cover all emergency situations.

 

Chairman of HCMC People’s Committee Nguyen Thanh Phong delivers support packages to poor households in Nha Be District. (Photo: SGGP)

HCMC will deliver aid to all in need: Chairman Nguyen Thanh Phong

A month has passed since the first day Ho Chi Minh City applied Directive 16. In an interview with SGGP Newspaper, Chairman of Ho Chi Minh City People’s Committee Nguyen Thanh Phong affirmed that the municipal authorities will mobilize all possible resources, even from the reserved city budget, in order to ensure social security to all city dwellers.

Enterprises need urgent support

Enterprises need urgent support

More than 12,000 enterprises have to leave the market every month. Not to mention that in the past two months, when the situation of the Covid-19 pandemic became complicated, many enterprises had to temporarily suspend operations because they failed to ensure the three-on-site production and the work of transporting workers from their residences to the workplace.