Government support

Nguyen Hoang Dung, an economist and former R&D director of the HCM City Institute of Economy and Management, said: "It is necessary to analyse the reasons why the recent support packages are difficult to disburse. If the conditions are too difficult, they can be relaxed. If banks or officials in charge of approving applications cause difficulties for businesses, that should be corrected immediately. … [Read more...] about Procedural bottlenecks prevent businesses from benefiting from Government support packages

The figures were announced at the meeting of the executive committee of HCM City Federation of Labour on July 23. In the first six months, a total of 15,200 firms had to scale down business, cut staff or go bankrupt. As a result, 150,000 employees were laid off, had their salaries cut or lost jobs. Most of them are in the service and manufacturing industry because of the lack of materials and customers. The city authorities, organisations and individuals have launched many programmes to help the employees to overcome difficult times. HCM City Federation of Labour supported over 18,000 members with individual payments of VND1.2m (USD52) each. They also encouraged landlords to lower rent for over 57,600 rooms and waive the fees for 200 rooms when firms had to scale down businesses. They also worked with the Department of Labour, Invalids and Social Affairs and the Vietnam Association of High-Quality Goods to provide 7,000 meals to the workers who lost their jobs due to Covid-19 from … [Read more...] about HCM City unions provide post-Covid-19 support

The German Development Ministry (BMZ) is supporting over two million workers in textile factories in seven nations, including Viet Nam, as part of its Emergency COVID-19 Support Program. The project is being implemented in Bangladesh, Indonesia, Cambodia, Laos, Viet Nam, Ethiopia and Madagascar. In consultation with the German Labor Ministry, the International Labor Organization (ILO) would be mandated to stabilize the economically important textiles sector in seven countries that have been particularly affected by the coronavirus pandemic and to implement measures aimed at offering employees better protection against COVID-19 infection. The German Government will provide EUR14.5 million to help two million people. For example, young mothers and workers particularly at risk of falling into poverty will receive one-off support payments. The project also aims to build up testing capacities in order to protect workers' health. With these measures, the sponsor is expected to … [Read more...] about Germany supports textile workers in Vietnam affected by COVID-19

– The Vietnam Bank for Social Policies (VBSP)’s soft loans for poor people has been seen as a standout in Vietnam’s effort to achieve sustainable poverty reduction.government support that enables many of them to lift themselves out of poverty and even become so better off that they can afford to help other people.working abroad. For them, travelling all the way down to work at industrial parks in Hanoi, Vinh Phuc or Hai Duong was challenging enough, let alone going abroad.Making better life thanks to soft loans … [Read more...] about Effective use of soft loans fosters sustainable poverty reduction

At the launch of the National Data Portal in August, the Ministry of Information and Communications, Ministry of Natural Resources and Environment, Ministry of Science and Technology, Ministry of Health, Ministry of Education and Training, and Việt Nam Social Security, along with the Hà Nội National University and Việt Nam Post, all pledged to upload their data on the National Data Portal, promote data management and encourage open data on the portal. … [Read more...] about National Data Portal helps create more open Government: official