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.
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.
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, vendors and street petty merchants in HCMC will receive support of VND50,000 ($23) a day from the city's VND886 billion package.
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).
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.
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.
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.
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.
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 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.
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.
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.
The Ministry of Finance has proposed extending the reduction periods of several fees beyond the current expiration date of June 30.
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.
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.
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.
The Ministry of Transport has proposed the Government work out policies to support Vietjet and Bamboo Airways,
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.