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The Chairman of the Ho Chi Minh City People’s Committee, Nguyen Thanh Phong, answers the question – Photo: TRUNG TRUNG
On the morning of December 8, the 23rd session of the Ho Chi Minh City People’s Council, period IX, took place on Monday. Committee of people.
Delegate Pham Quoc Bao mentioned that the COVID-19 epidemic in the past has had a significant impact on businesses and individuals. Mr. Bao asked what solutions and policies the Ho Chi Minh City People’s Committee will have in the near future to eliminate difficulties for companies and support people facing difficulties caused by translation.
The Chairman of the City People’s Committee, Nguyen Thanh Phong, said that next time, Ho Chi Minh City will speed up the review of companies facing difficulties to remove; of all stages of production, business and investment; especially small and medium-sized businesses.
According to Mr. Phong, Ho Chi Minh City recently implemented the first support package for businesses in need. In which 100% support to companies with the amount of 611 billion VND, processing an extension of 8,800 billion VND in taxes for companies; VND 218 billion extended value added tax, personal income, land rental for commercial homes.
Delegate Pham Quoc Bao questioned the chairman of the Ho Chi Minh City People’s Committee, Nguyen Thanh Phong – Photo: TU TRUNG
Mr. Phong said that in the near future, Ho Chi Minh City will continue to implement the second support package. Ho Chi Minh City has consulted companies and legal development institutes to provide guidance for solutions.
Ho Chi Minh City is expected to provide credit support at a 0% interest rate for businesses in need in the service sectors such as accommodation, catering, tourism and transportation; Industries such as textiles, footwear, apparel, wood processing, food processing, and business have a large decline in revenue with an estimated budget of over VND 4 trillion. It will restructure the repayment term, exemption or reduction of interest rates …
Ho Chi Minh City will continue to rapidly review and implement solutions to support the vulnerable and poor due to the translation of COVID-19.