Từ khóa: #SUPPORT

Businesses to face challenges in coming months

Businesses to face challenges in coming months

(SGI) - The current dire situation where several domestic enterprises are planning to suspend business operations, and with some even willing to close altogether is indeed a serious cause for great concern. The number of businesses exiting the market each month is now continuing to rise.
Support for enterprises lacks concrete action

Support for enterprises lacks concrete action

(SGI) - All throughout 2022, Vietnamese enterprises faced endless frustration and disappointment in trying to access loans with preferential interest rates and exhausted their attempts to seek extension of support policies such as for VAT reduction.
Businesses need capital more than support package

Businesses need capital more than support package

(SGI) - As per Decree 31/2022/ND-CP of the Government and Circular 03/2022/TT-NHNN of the State Bank of Vietnam, the VND 40,000 bln interest rate support package from the state budget is expected to help businesses access cheap capital to recover in the post-pandemic phase.
Pragmatic approach to businesses needed

Pragmatic approach to businesses needed

(SGI) - 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.
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Obstacles in disbursement of support package

(SGI) - The State Bank of Vietnam has announced adjustment of credit limit for 2022 for fifteen commercial banks by 1% to 4%, and at the same time requested banks to step up disbursement of the 2% interest rate support package as per Decree 31/2022/ND-CP. 
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Many program policies difficult in practice

NGUYỄN MINH THẢO, Head of the Business Environment and Competitiveness Research Department, at the Central Institute for Economic Management (CIEM), believes that businesses are looking forward to the non-financial support package called reform of the business environment. In a talk with Saigon Investment, Dr. Thảo expressed her views further. 
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Ministry of Finance must balance taxes and revenue

(SGI) - The prices of most essential items have been constantly escalating over the years, but the provisions on family deductions in the Law on Personal Income Tax have remained unchanged since July 2020. 
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Strict criterion prevents access to loans

Although Decree 31/2022/ND-CP of the State Government offers support to businesses, cooperatives, and business householders at 2% interest rate when borrowing from commercial banks, there is still a strict criterion in place. Decree 31 is a lifesaver for businesses and individuals to recover production back to normal, but the interest rate is not favorable for everyone.
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Transparency essential in Government Recovery Program

(SGI) - A high level of transparency is essential in the implementation of the Socio-Economic Development and Recovery Program, and many issues need to be prioritized by the Government to ensure its success. 
Vietnamese doctors at the Việt Nam’s Level-2 Field Hospital Rotation 3 in Bentiu, South Sudan. Photo courtesy of the hospital

Việt Nam to contribute more to multilateral forums upon fulfilling its role at UNSC

Việt Nam has fulfilled its role as a non-permanent member of the United Nations Security Council for the 2020-21 tenure with concrete actions to solve conflicts, protect civilians and support vulnerable groups, especially women and children, Minister of Foreign Affairs Bùi Thanh Sơn announced at a press briefing on Monday in Hà Nội.


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Monetary policy can help economic recovery

(SGI) - The worldwide spread of the Covid-19 pandemic has created extremely serious conditions across the globe. Many countries are now being compelled to use fiscal policy aggressively in order to support businesses and their populations. In the past, monetary policy has also been used in coordination with fiscal policy to help economies from falling into a recession. This could apply for Vietnam as well.
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Scale of support package must triple

(SGI) - 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 VND 800,000 billion, about 10% of the GDP, and 3.5 times higher than the 2021 support package. 
Vietnamese Ambassador to the US Ha Kim Ngoc (Photo: VNA)

Vietnam welcomes US’s practical assistance for Mekong nations: ambassador

Vietnam welcomes the US Government’s strong commitment and practical actions to strengthen its cooperation with and support for Mekong countries, notably the donation of millions of doses of vaccines and many medical equipment serving COVID-19 prevention and control in the region, said a Vietnamese official.