VND29 trillion package to assist enterprises
(vasep.com.vn) According to Ministry of Finance (MoF), the government will consider a bailout package worth VND29 trillion for enterprises to boost economic growth.
This is not a demand stimulus package but considered as a general solution related to macro economy management, tax relief and deferment. The solution package must be applied comprehensively to all enterprises in the economy.
Once the package is put into practice, enterprises find it easier to recover from current bottlenecks. The package is expected to encourage companies to improve administration mechanism and competitive capacity.
The government is scheduled to issue a resolution about the package and submit to the National Assembly to be adopted.