70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Trade - Service
Vietnam Gov’t issues new resolution to support businesses
Hai Yen 21:55, 2021/09/10
Businesses are now allowed to self-conduct the Covid-19 test, while localities have the authorization to decide when to resume economic activities.

Prime Minister Pham Minh Chinh has signed off resolution No.105 providing more support for enterprises, cooperatives, and household businesses, which is expected to further ease the burden for the business community.

 Production of electronics at 4P Company in Hung Yen Province. Photo: Danh Lam

Among the highlights is the authorization for enterprises and businesses to self-conduct Covid-19 test for their employees. Such a move could help firms reduce their financial cost and lower risks of infection from mass gatherings.

The resolution assigned the Ministry of Health (MoH) to issue an instruction for businesses to buy testing kits, medical materials, and the subsequent verification process right this month.

“The task is essential for Vietnam to realize the twin goal of both containing the pandemic and supporting businesses to soon resume operation,” it added.

For laborers to soon return to work, the MoH should provide guidance for localities regarding Covid-19 testing and specific requirements for them to be able to travel.

Depending on the actual outbreak situation and vaccine coverage, each province/city should have a clear roadmap on how to proceed with current restriction measures, as they are now empowered to decide when to resume economic activities.

In this regard, localities should also work with businesses to set up measures and conditions for operation on the condition of safety.

The Ministry of Transport (MoH) is tasked with instructing localities on the consistent requirements for safety movement with simplified procedures so as to avoid disruption to the supply chains.

“There would be no new conditions or licenses, especially for basic necessities and production materials,” the resolution noted.

Meanwhile, the General Department of Vietnam Customs (GDVC) is now allowing businesses and cooperatives to submit scanned versions of requests for clearance with digital signatures, along with other necessary documents that previously should be provided in person.

Given the proliferation of Covid-19 apps, the Government asked the Ministry of Information and Communications (MIC) to develop a digital platform integrating all activities from vaccination, testing, health declaration, green verification, among others, right in September.

The resolution continues to urge ministries and government agencies to step up efforts to reduce businesses cost and address their concern on working capital, focusing on waiving and freezing payment of social insurance and union fees in the 2021-2022 period; lowering maritime freight cost, electricity bill, land rental fees, or penalty of delay in social insurance premium payment in 2020-2021; expand the scope of rescheduling debt payment and lending rates for customers affected by the pandemic.

The Government would consider the extension of payment freezing for excise taxes and lowering the registration fees of domestically-produced cars in 2021.

Given the current concern on foreign experts entering Vietnam, each locality should adopt a more flexible approach and ease requirements on reissuing or extending the validity of work permits, while ensuring full compliance with anti-Covid-19 measures.

The Ministry of Foreign Affairs (MoFA) is expected to continue working on vaccine supplies and the transfer of technology production for Vietnam while speeding up the negotiation for recognition of vaccine passports with other countries as the step for reopening the economy.

RELATED NEWS
TAG: Vietnam government Covid-19 pandemic economic activities support
Other news
15:49, 2024/04/17
Vietnam’s stock market remains attractive investment channel: Expert
Given favorable macroeconomic conditions, combined with the expected rate cut by the Federal Reserve (Fed), the stock market is believed to experience strong growth.
15:19, 2024/04/16
Cuba appreciates Vietnam’s support in food and fisheries production
Both sides aim to further promote trade, investment relations, and cooperation in areas of mutual interest, such as agriculture, construction, education, pharmaceuticals, science and technology, among others.
12:38, 2024/04/13
Vietnam, China to step up cooperation strategy for mutual development
Both sides are expected to build a bridge over the Red River in the border area of Bat Xat, Lao Cai (Vietnam), and Ba Sai, Yunnan (China), among other initiatives.
17:04, 2024/04/12
PM orders urgent measures to address volatile gold prices
The measures are aimed at ensuring a stable and efficient gold market.
17:58, 2024/04/10
Vietnam earns US$1.4 billion from rice exports in Q1
Vietnam is targeting $5 billion in rice exports this year. The country currently ranks third in the world in terms of rice exports.
11:15, 2024/04/09
Russia’s Zarubezhneft Group explores opportunity for offshore wind projects in Vietnam
Both sides are expected to set up a joint working group to strengthen cooperation in oil and gas projects.