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
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Binh Duong Customs notifies businesses of regulations on labeling and origin of goods
10:20 | 29/03/2023 Customs
Binh Dinh introduces economic, trade potential to Belgian businesses
20:44 | 25/03/2023 Import-Export
Latest News
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export
HCM City’s industrial production index down 0.9% in Q1
14:47 | 04/04/2023 Import-Export
More News
Fisheries exports estimated at 1.85 billion USD in Q1
14:45 | 04/04/2023 Import-Export
Quang Ninh aims to attract quality FDI inflows
14:43 | 04/04/2023 Import-Export
Exports face many difficulties
13:29 | 04/04/2023 Import-Export
Manufacturing enterprises increase their competitiveness thanks to digital transformation
13:28 | 04/04/2023 Import-Export
32nd Việt Nam Expo promises to boost business linkages
14:19 | 03/04/2023 Import-Export
Prevention of price risks before news that Indonesia increases rice imports in reserve
09:52 | 03/04/2023 Import-Export
Japanese investors highly appreciate Vietnamese property market
17:41 | 02/04/2023 Import-Export
Seafood enterprises propose to remove obstacles from exporting to the EU
10:34 | 02/04/2023 Import-Export
Need to effectively use tools to prevent exchange rate risks in import and export field
10:32 | 02/04/2023 Import-Export
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export