Provinces in Mekong Delta help businesses maintain production
Mekong Delta provinces have been helping local businesses maintain production and investment while staying safe from the COVID-19 pandemic.
Trà Vinh Province’s Department of Planning and Investment, for example, said that investment permits and certifications were granted to 14 new domestic investment projects in the first six months of the year.
Lâm Hữu Phúc, deputy director of the department, said the province was working with companies to help them overcome problems and recover quickly. It has reduced taxes, loan interest and certain bills.
Twenty-five businesses are providing accommodations to staff to continue production, as of August 11. The businesses were asked to strictly follow pandemic regulations and work with health authorities on contact tracing and quarantining infected cases.
Meanwhile, Cần Thơ City attracted two foreign investment projects worth a total of $1.31 billion in the first six months of the year, ranking third in the country in terms of FDI attraction, after Long An and HCM City.
The city will establish a centre to further expedite administrative procedures, according to its People’s Committee.
Around 100 businesses in the city have maintained production by arranging staff accommodations. City departments are keeping an eye on how well they follow pandemic regulations.
Other provinces in the Mekong Delta are requiring businesses to adhere to strict regulations, such as Đồng Tháp Province, which has been checking up on local businesses and helping them overcome challenges, and monitoring industrial parks' compliance.
Phạm Thiện Nghĩa, chairman of Đồng Tháp People’s Committee, said that businesses can work with health authorities to have regular COVID-19 tests and vaccines for staff.
However, according to the Việt Nam Chamber of Commerce and Industry in Cần Thơ City, many businesses, especially small to medium sized, are struggling in the delta, especially those that cannot afford to arrange accommodations for their staff.
Large businesses are also worried about lowered production output, stressed-out workers, and loss of foreign customers.
Some businesses are struggling with unclear regulations surrounding essential goods, test results, and travel across provinces.
They also need lower loan interest rates, more vaccinations for staff, and more government support.
In the first six months of the year, more than 5,100 new businesses opened in the Mekong Delta, but nearly 5,000 businesses were in the process of dissolving or had already dissolved.
Around 1,800 businesses have temporarily closed. – VNS
Related News
Take advantage of e-commerce leverage for export
13:25 | 20/04/2024 Import-Export
Implementing unprecedented fiscal policies to actively support people and businesses
16:25 | 17/04/2024 Finance
Investors play a key role in developing the industrial park system
10:38 | 22/04/2024 Headlines
Early warnings reduce risks in trade defense
18:09 | 21/04/2024 Import-Export
Latest News
More efforts needed to maintain export growth to China: Insiders
13:55 | 23/04/2024 Import-Export
It is expected that there are higher orders and revenue in the second quarter from European businesses
09:31 | 23/04/2024 Import-Export
Vietnamese rice prices on the hike
15:08 | 22/04/2024 Import-Export
FDI flow into garment and textile sector bounces back
15:06 | 22/04/2024 Import-Export
More News
Find ways to a corporation for businesses in industrial parks
10:38 | 22/04/2024 Import-Export
Export turnover of two agricultural product groups grows three-digit
18:10 | 21/04/2024 Import-Export
Rubber exports are flourishing, promising potential
17:51 | 20/04/2024 Import-Export
Vietnam becomes biggest rice supplier for Singapore
17:49 | 20/04/2024 Import-Export
Vietnam an attractive destination for electronics, semiconductor investors: Official
17:41 | 20/04/2024 Import-Export
Wood exports started well
13:26 | 20/04/2024 Import-Export
Vietnam earns 1.43 billion USD from rice exports in Q1
15:50 | 19/04/2024 Import-Export
Localities get ready for fourth FDI boom
15:35 | 19/04/2024 Import-Export
Opportunities to develop a smart and sustainable packaging industry
14:14 | 19/04/2024 Import-Export
Your care
More efforts needed to maintain export growth to China: Insiders
13:55 | 23/04/2024 Import-Export
It is expected that there are higher orders and revenue in the second quarter from European businesses
09:31 | 23/04/2024 Import-Export
Vietnamese rice prices on the hike
15:08 | 22/04/2024 Import-Export
FDI flow into garment and textile sector bounces back
15:06 | 22/04/2024 Import-Export
Investors play a key role in developing the industrial park system
10:38 | 22/04/2024 Headlines