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Support businesses to recover quickly and develop sustainably

In recent times, the fluctuations in the world economic situation have been complex, unprecedented, more difficult than expected, and fierce strategic competition between major countries has been affecting our country’s economy as well. such as production and business activities of the enterprise. In that context, timely companionship and support from policies of the Central Government, provinces, sectors, localities, and units are an important basis for businesses to adapt, recover quickly, and develop sustainably. solid.

Support businesses to recover quickly and develop sustainably

With the support of functional branches, Vietnam Pearl Garment Joint Stock Company, Du Lau Ward, Viet Tri City improved production and business efficiency.

Support for business recovery

There are currently more than 7,000 operating businesses in the province. From 2020 until now, businesses have continuously faced difficulties due to the rapidly evolving, complex and unpredictable world security and political situation; Prices of supplies and raw materials for production increased, market demand decreased.

In the spirit of accompanying businesses, the province has synchronously and drastically implemented measures to restore socio-economic activities, remove difficulties and obstacles to free up resources for investment in production and business. joint; enhance access to preferential loan sources, remove “bottlenecks” in site clearance work; Support human resource development, trade promotion, industrial promotion, legal aid, support businesses in technological innovation...

Phu Dat Vietnam Co., Ltd., Thuy Van Industrial Park, Viet Tri city specializes in manufacturing all kinds of plastic tarpaulins with a capacity of 7,000 tons/year. The company has received partial support for technology investment according to Resolution No. 15/2020/NQ-HDND dated December 9, 2020 of the Provincial People’s Council regulating support for small and medium-sized industrial manufacturing enterprises to invest in innovation. new and modernized technology in priority areas for development in the province. Mr. Tran Trong Nghia - Company Director said: "The company has improved coating and tarpaulin technology, meeting the criteria for export products. Increased labor productivity and product quality help optimize product efficiency and improve competitiveness in the market. The support policy is a great encouragement for businesses."

Solutions to increase businesses' ability to access credit and absorb capital from the economy are implemented with the effective implementation of the bank-business connection program, capturing the actual needs of supporting businesses. Karma; Support and create conditions for credit institutions in the process of implementing credit programs under the direction of the Government and lending to potential areas, strengths, and local socio-economic development. direction. In 2023, in the province, loans to businesses serving export and import will reach 11,520 billion VND, an increase of 27% compared to the end of 2022; Business loans in industrial zones and clusters reached more than VND 5,200 billion, an increase of 18.4% compared to the end of 2022; Loans to small and medium-sized enterprises reached more than 24,300 billion VND, an increase of 7% compared to the end of 2022. Banks and credit institutions organized six dialogue conferences with businesses in the area, committing to lending in more than 5,740 billion VND per year.

Ms. Dinh Thi Thuc - General Director of Tan Phong Joint Stock Company, Dong Lang Industrial Cluster, Chairwoman of the Provincial Women’s Business Association said: "In the past three years, the operations of businesses have encountered difficulties due to the impact of the epidemic." COVID-19; The impact of strategic competition, trade war... has had a profound impact on investment, trade, and supply chain activities of businesses. In that context, the companionship of all levels and sectors in improving the business investment environment, administrative reform, digital transformation, human resource training, especially the timely implementation of policies Fiscal... is an important aid in supporting the recovery and growth process of businesses."

The adaptation efforts of businesses, along with the constantly improving business investment environment and spillover effects from large investment projects, the province continues to attract many new businesses to join the market. In 2023, there will be about 920 newly established enterprises, registered capital reaching 19,200 billion VND (compared to the same period last year, an increase of 4.8% in the number of enterprises and an increase of 61.6% in registered capital), with 305 Businesses return to operations.

Support businesses to recover quickly and develop sustainably

The Provincial Public Administrative Service Center supports people in using online public services, helping to reduce time and costs when handling administrative procedures.

Accompanying businesses

The harmonious and synchronous implementation of solutions, fiscal and monetary policies, and policies to support industries, sectors, and social security help remove difficulties for businesses and contribute to economic stability. macroeconomic, creating jobs and income for workers, ensuring harmony of interests of businesses, people and the economy. Up to now, the province has left a strong mark by creating a favorable and open business environment. The province’s administrative system is increasingly modern and professional, helping to improve work efficiency and service quality for people and businesses.

In order to support businesses, promptly implement policies to extend the payment deadline for value-added tax, corporate income tax, personal income tax and land rent for subjects according to regulations; Policies to reduce land rent, reduce value added tax, reduce environmental protection tax on petroleum products... help taxpayers reduce pressure, thereby calculating and flexibly transferring resources suitable for maintenance, reproduction, and business.

Comrade Do Trong Bong - Deputy Director of the Provincial Tax Department said: "The Tax sector strengthens propaganda work; Directing units in the industry, Tax Departments, and functional departments to directly propagate to businesses and beneficiaries of tax exemption and reduction policies so that taxpayers in the area can access and benefit. promptly and according to regulations. The industry also actively applies information technology in tax management, contributing to helping businesses and taxpayers conveniently and save time in fulfilling tax obligations."

The Provincial People’s Committee issued Plan No. 2588/KH-UBND dated July 11, 2023 on implementing Resolution No. 58/NQ-CP dated April 21, 2023 of the Government on a number of key policies and solutions to support Support businesses to proactively adapt, recover quickly, and develop sustainably by 2025. The specific goal is that by 2025, the whole province will have over 11,000 businesses, with the business sector contributing about 60% of the province’s GRDP; About 25-30% of the total number of businesses have science and technology application and innovation activities, 100% of business establishments have raised awareness about digital transformation, 100% of administrative procedures related to business Enterprises are eligible to provide online public services, over 80% of enterprises employ trained workers...

The main tasks and solutions proposed include: Continue to remove difficulties and obstacles and support businesses; Strongly improve the investment and business environment, reduce and simplify administrative procedures related to investment and business activities; promoting digital transformation and innovation in businesses; Support training to improve skills for enterprise workers, improve the quality of human resources to meet the requirements of innovation and the 4.0 Industrial Revolution; promote business development; Effectively deploy policies and mobilize resources to support businesses in improving their competitiveness and proactively integrating internationally. In the general difficult context of the economy, supportive policies and adaptation efforts of the business community will help businesses take advantage of opportunities, access resources, markets, adapt, Fast recovery, sustainable development.

Nguyen Hue


Nguyen Hue

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