Vietnam: Striving for at least 01 million enterprises, cooperatives and household businesses received credit benefits to assist in Covid-19 response

Vietnam: Striving for at least 01 million enterprises, cooperatives and household businesses received credit benefits to assist in Covid-19 response
Bảo Ngọc

On September 9, 2021, the Government of Vietnam promulgated Resolution 105/NQ-CP on assistance for enterprises and cooperatives and household businesses amid the Covid-19 pandemic.

According to this Resolution, in order to assist enterprises, cooperatives and household businesses to stabilize production, restore and create momentum for development in the coming time, the Vietnamese Government sets the following targets:

- By the end of 2021, strive to achieve these targets:

+ The accumulated number of enterprises, cooperatives and household businesses that receive credit benefits to assist in Covid-19 response is 01 million.

+ Most enterprises, cooperatives and household businesses that are suspended resume their operation.

+ Fully and promptly implement policies on tax deferral; exemption, reduction of taxes, fees, land rents; reduce electricity, water, telecommunications prices; provide assistance for workers and employers, employee training, etc. for enterprises, cooperatives and household businesses affected by Covid-19.

See more at Resolution 105/NQ-CP of Vietnam effective from September 9, 2021.

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