Businesses look forward to a support package of VND 350,000 billion

2022 is the year determined to restore production and business activities for enterprises. So right from the beginning of the year, a series of support packages have been launched. However, so far, only the policy of reducing VAT from 10% to 8% has been implemented.

At this time, many businesses are expecting other support policies to be implemented soon to create momentum for recovery, especially policies in 350,000 billion VND support package part of the Socio-Economic Development and Recovery Program approved by the National Assembly earlier this year.

2022 is the year determined to restore production and business activities for enterprises. (Illustration image – Photo: Investment Newspaper)

Having had to close nearly 3,000 coffee shops for many months has made Napoli Coffee Export Trade Production Joint Stock Company encounter many difficulties, forced to use the last source of money. Therefore, when the new normal, businesses immediately reopened over 80% of the store chains, launched many new products, promoted online sales on many platforms, stimulated demand with discount programs. However, this is only a short-term solution, still a long-term solution, businesses are still looking forward to the economic recovery support package every day.

“Support for workers after the pandemic, support for businesses in export as well as tax, health insurance, social insurance”, said Mr. Nguyen Duc Hung, Director of Export Trading Production Joint Stock Company. Napoli coffee exporter said.

And Son Hat Fashion Co., Ltd. not only restores production and labor resources, but also expands to add a new factory with modern scale to serve large orders. What businesses need now is for the State to remove the mechanism to make construction procedures easier.

“Create more conditions for exchanges and sharing among businesses, support businesses to fight against counterfeits and counterfeits that are roaming the market,” said Mr. Nguyen Ngoc Ty, Managing Director of Co., Ltd. Fashion hat Son, said.

The support package has the largest scale to support people and businesses such as tax reduction, 2% interest rate reduction, worker support, infrastructure investment, administrative reform… However, up to now, there have been no circulars and guidelines for businesses to approach.

“Need an open mechanism, quick settlement and logistics, other conditions are also better,” commented Mr. Pham Van Viet, General Director of Viet Thang Jean Co., Ltd.

“Organize, implement, and direct credit institutions in the area to implement this program. Second, do a good job of propagandizing and directly removing difficulties for businesses and catching difficulties of the agency.” policy framework, from which there are suggestions and recommendations to respond. Thirdly, strengthen inspection and supervision to ensure effective policy implementation and put policies into practice,” he said. Nguyen Duc Lenh, Deputy Director of the State Bank of Vietnam, Ho Chi Minh City branch, commented.

Businesses also want, in addition to early application, when there are guiding circulars, they need to be closely related to businesses, avoiding introducing many procedures and requirements that make it difficult for businesses to husband.

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