link ae888

Further State support needed for firms to battle COVID-19: expert

Support from the State is urgently needed to help firms maintain operation and surmount challenges as the COVID-19 pandemic has dealt a heavy blow to most manufacturing and services businesses, according to head of the Prime Minister’s economic advisory group Nguyen Duc Kien.
Further State support needed for firms to battle COVID-19: expert ảnh 1Workers at Daikin Vietnam in Thang Long II industrial zone in Hung Yen province (Illustrative photo: nhandan.com.vn)

Hanoi (VNA) –𝄹 Support from theState is urgently needed to help firms maintain operation and surmount challengesas the COVID-19 pandemic has dealt a heavy blow to most manufacturing andservices businesses, according to head of the Prime Minister’s economicadvisory group Nguyen Duc Kien.

The expert, who is also vice head of theNational Assembly’s Committee for Economic Affairs, said that private companiesneed incentives and financial assistance to speed up recovery and businessoperation in the long term. At the regular press conference of theGovernment in July, Deputy Minister of Planning and Investment Tran Quoc Phuongsaid the pandemic adversely affected numerous economic sectors, particularlytourism and passenger transport. Given that garment-textile exports areprojected to continue facing difficulties due to order shortage, many expertsnoted that firms should bolster activities at the domestic market to cushionlosses. Following the re-emergence oflocally-transmitted cases, however, the measure may not yield expected results. Pham Thi Ngoc Thuy, Standing Deputy ChiefExecutive Officer of the Private Sector Development Office under the PM’sAdvisory Council for Administrative Procedure Reform, said businesses are now vulnerableand facing financial pressure, as their operation has been frozen since thestart of the COVID-19 outbreak. As a result, the Government should reviewaid packages in the current context to promptly address difficulties forbusinesses. Subsequently, the assistance should be expanded in terms ofbeneficiaries and duration, according to economic experts. In addition to interest cuts andcharge-offs, the banking sector needs to join hands with consultant agencies toupdate firms’ records of loans. At this time, payment postponement forbusinesses is necessary to give them strengths in coping with the pandemic./.
VNA

See more

A motorbike production line of Honda Vietnam — a Japanese company located in Phu Tho province. (Photo: VNA)

❀ Phu Tho emerges as FDI magnet following mergence

In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Infraction levels will correspond to fines of 1-80 million VND, depending on the nature and number of invoicing violations. (Photo: vietnamfinance.vn)

🍸 Maximum fine of 3,000 USD proposed for violating invoice regulations

Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
At the strategic partnership signing ceremony between Sun PhuQuoc Airways and Amadeus. (Photo: Sun Group)

🗹 Sun PhuQuoc Airways enters strategic partnership with Amadeus to build a five-star aviation technology ecosystem

A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
A local resident makes a bank transfer using the Momo app. (Photo: VNA)

🐻 Banks accelerate digitalisation, non-cash payments

Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
{dagathomo tructiep hôm nay}|{link ae888 city 165}|{dá gà thomo}|{trực tiếp đá gà thomo hom nay}|{sbobet asian handicap}|