aid package

Update news aid package

Prime Minister Pham Minh Chinh has issued a decision earmarking over VND147 trillion (US$6.39 billion) from the State budget for ministries, agencies and localities to carry out the socio-economic recovery and development programme.

Reduced insurance premiums for 11.2 million workers

Over 11.2 million employees, working at 375,000 businesses, have received a reduction in their insurance premiums for occupational accidents and diseases, worth about VND4.3 trillion (US$187.6 million), according to Vietnam Social Security.

Pandemic-hit workers anxiously wait for aid

According to statistics of the Ministry of Labor, Invalids and Social Affairs, up to 12.8 million Vietnamese people aged 15 and older were negatively affected by the Covid-19 epidemic in the second quarter of 2021.

Banks lending big to keep agriculture sector ticking

According to the State Bank of Vietnam’s department of credit for economic sectors, as of April credit injected into rural and agricultural development had reached VND2.3 quadrillion ($100 billion), or 24.6% of the banking sector’s total loans.

Taxi motorbike drivers in HCMC receive VND50,000 a day in support

Taxi motorbike drivers, vendors and street petty merchants in HCMC will receive support of VND50,000 ($23) a day from the city's VND886 billion package.

Vietnamese Government launched $1.14b support package to help COVID-19 hit workers

The Government has just issued Resolution No 68 on a number of policies to support employees and employers facing difficulties due to the COVID-19 pandemic, worth a total of VNĐ26 trillion (US$1.13 billion).

Businesses looking forward to social security measures

According to the representative of the VGCL, it has submitted to the government a consideration to add more workers who need support due to the impact of the ongoing pandemic.

 

Labor Ministry thrashes out latest labour bailout proposals

As both employers and employees suffer under the global health crisis, issuing new bailout packages is considered an urgent requirement to not only support their operations and livelihoods but also spur economic growth in the long run.

Fees reduced to ease difficulties caused by COVID-19

The Ministry of Finance has continued to cut a number of charges and fees to support and remove difficulties caused by the COVID-19 pandemic for businesses and individuals.

Ministry proposes financial support for artists and tour guides

Performing artists and tour guides who have been affected by the COVID-19 pandemic should be added to the Government's list of financial aid beneficiaries, according to a recent proposal from the Ministry of Culture, Sports and Tourism.

HCM City to spend $10m to support freelancers affected by pandemic

The HCM City Department of Labour, Invalids and Social Affairs has proposed that the Department of Planning and Investment spend VND230 billion (US$9.97 million) to support freelance workers affected by the COVID-19 pandemic.

HCM City to spend $3.3m to support small traders at traditional markets affected by pandemic

HCM City is considering a financial support package worth more than VND76 billion (US$3.31 million) from the State budget to support small traders at traditional markets affected by the pandemic.

HCM City seeks ways to help laid-off workers, poor people survive pandemic

Financial relief packages and free supply of rice and other essential goods are among the many initiatives being taken by the Government and charity organisations to help workers affected by the COVID-19 pandemic.

Major cinema chains ask for PM’s help over fear of bankruptcy

Large movie theater chains in Vietnam, such as CGV, Lotte, Galaxy and BHD, have requested the prime minister for urgent help to cope with difficulties triggered by the Covid-19 pandemic.

Ministry of Finance proposes keeping fee reductions until end of 2021

The Ministry of Finance has proposed extending the reduction periods of several fees beyond the current expiration date of June 30.

COVID-19-hit workers should benefit from $2.6 billion aid package

The Vietnam General Confederation of Labour (VGCL) has recently recommended the Government use its 62 trillion VND (2.6 billion USD) aid package to support workers affected by the COVID-19 pandemic.

Rising market exits highlight need for more policy support to survive COVID-19

Vietnam is urged to press on with tax reforms while ensuring stability and providing more supporting policies for businesses to help them weather the COVID-19 storm.

Policy implementation capacity needs improvement to support businesses

Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc talks about solutions to help businesses overcome difficulties caused by the COVID-19 pandemic.

Transport Ministry proposes support policies for Vietjet, Bamboo Airways

The Ministry of Transport has proposed the Government work out policies to support Vietjet and Bamboo Airways, 

‘We’ll lose another tourist season if we don’t change”

In recent talks with VietNamNet, Dr. Nguyen Duc Kien - Head of Economic Advisory Group to the Prime Minister - said the pandemic battle and mass media communications have to be adjusted to support economic development.