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Focus turns to stamping out hotbeds, greening the economy

The acceleration of vaccinations will help restore production and business activities, and expand green production zones and a green workforce for the economy.

Students in more than 10 provinces and cities exempted from tuition

Over 10 provinces and cities in Vietnam have decided to exempt part of or full tuition fees for students.

Private airlines ask for zero-interest loans

Private airlines have requested access to 0 percent interest loans, similar to the support Vietnam Airlines (VNA) - the country's flag carrier - is entitled to, heard a meeting among the State Bank of Vietnam (SBV), commercial banks and the airlines.

Pandemic-hit businesses need preferential loans, more support

More than 85,500 businesses, mostly small and medium enterprises (SMEs), have suspended operations or were dissolved in the first eight months of the year because of Covid-19, according to the General Statistics Office.

Land rent cut by 30 percent for those hit by pandemic

Prime Minister Pham Minh Chinh has decided to reduce land rent by 30 percent for those affected by the COVID-19 pandemic this year.

Ministry wants to slash electricity and gasoline prices by 10-30%

The Ministry of Planning and Investment has asked the Ministry of Industry and Trade to consider reducing the prices for electricity and gasoline by 10-30%.

Employees to benefit from Unemployment Insurance Fund

The National Assembly Standing Committee has permitted the Government to use VND30 trillion from the Unemployment Insurance Fund in order to support employees affected by the prolonged impact of the COVID-19 pandemic.

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.

Vietnamese businesses need urgent assistance

Businesses are in serious difficulty due to the impact of the Covid-19 pandemic. They need timely and substantive support measures from the Government.

HCM City offers assistance to children orphaned by COVID-19

Two siblings from District 10 in HCM City lost their parents who died from COVID-19, and three days later, their paternal grandfather passed away after contracting COVID-19.

More tax, fee cuts to benefit pandemic-hit enterprises, people

About 118 trillion VND (5.16 billion USD) worth of taxes, land rent, fees, and charges are expected to be reduced or have payment deadlines extended in 2021 to assist enterprises and people affected by the coronavirus pandemic.

Government issues resolution to support businesses

Facing the decline in resilience of businesses, cooperatives and business households in the rapidly spreading COVID-19 pandemic, the Government has issued Resolution No 105/NQ-CP on supporting businesses.

Support for frontline workers urgently needed

Deputy Minister of Health Nguyen Truong Son has sent a document to the city’s Steering Committee for COVID-19 Prevention and Control outlining the dire conditions for medical staff and proposals to improve them.

State Bank agrees to extend debt rescheduling for six months

The State Bank of Vietnam (SBV) has agreed to extend debt rescheduling for customers for a further six months.

Firms await new bank incentive policies

The State Bank of Vietnam (SBV) is consulting on a draft circular for incentive policies to support firms with access to bank loans to overcome difficulties in the COVID-19 pandemic. 

HCM City gets 14,500 tonnes of free rice from national reserve

The General Department of State Reserves is giving 14,500 tonnes of rice from the national reserve for free distribution to HCM City's struggling populace.

Banks continually cut lending rates to aid pandemic affected customers

Commercial banks have continuously announced lending interest rate reductions to support and accompany customers to overcome the adverse impacts of the COVID-19 pandemic.

Businesses seek interest rate cuts, banks worry about declining profits

Business associations and industries have repeatedly asked commercial banks to ease lending interest rates to share difficulties with them in the Covid-19 pandemic.

Government draft resolution calls for aid to Vietnamese businesses

The Ministry of Planning and Investment is coordinating with relevant ministries and agencies to study and collect comments from the business community to develop a government resolution to assist pandemic-hit businesses.

Tax aid comes as relief for businesses

Vietnam’s tax agencies and banking groups are taking more drastic concerted efforts to buttress the domestic economy and foster resilience against the current wave of COVID-19 infections.