Latest News about Support packages
The HCM City Department of Construction has suggested that the city offer financial assistance to landlords to help them repair or upgrade their boarding houses where hundreds of thousands of workers live in the city.
Sixteen banks in Vietnam reduced a total of VND12.23 trillion ($536.2 million) in interest rates for borrowers affected by the COVID-19 pandemic from July 15 to September 30, equivalent to 59.36% of their commitments.
The banking sector will provide enough credit to businesses at supportive interest rates this quarter to help revive them, according to the State Bank of Vietnam’s Ho Chi Minh City branch.
Nguyen Quoc Ky, Chairman of Vietravel, a big tourist company in Vietnam, said that due to the impact of the 4th wave of Covid-19 epidemic, the entire tourism industry of Vietnam has been closed since May 2021.
The Vietnam Aviation Business Association asked the Government to consider a proposal to slash 30 per cent off the airlines' income tax for 2020 and the first half of 2021.
The acceleration of vaccinations will help restore production and business activities, and expand green production zones and a green workforce for the economy.
Over 10 provinces and cities in Vietnam have decided to exempt part of or full tuition fees for students.
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.
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.
Prime Minister Pham Minh Chinh has decided to reduce land rent by 30 percent for those affected by the COVID-19 pandemic this year.
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%.
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.
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.
Businesses are in serious difficulty due to the impact of the Covid-19 pandemic. They need timely and substantive support measures from the Government.
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.
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.
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.
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.