85,000 companies needed to go away the market, greater than 2,000 CEOs wrote letters to the Authorities for assist with Three teams of “emergency assist” insurance policies.
For greater than a month now, Mr. Nguyen Khanh Trinh – Chairman of the Board of Administrators of Intelligent Group – involves the corporate every single day on Kim Giang Avenue (Hanoi) to work alone.
“Companies face many difficulties, the most important problem shouldn’t be having clients. In the meantime, we nonetheless should pay employees salaries, pay social insurance coverage, full medical health insurance“, mentioned Mr. Trinh.
“The enterprise we need to work for”.
The issue of Intelligent Group is the widespread problem of many Vietnamese enterprises, with 97.8% being small and medium-sized enterprises, that are at present having to restrict their operations and even cease their manufacturing and enterprise actions altogether.
Mr. Lam Minh Chanh – CEO of BizUni.
“Income and money circulation dropped sharply, whereas companies nonetheless needed to pay unreducable prices equivalent to prices of premises, warehousing, primary wage and social insurance coverage.“, mentioned Mr. Lam Minh Chanh – CEO of BizUni, Co-founder of Governance and Startup Neighborhood (a group with greater than 50,000 CEOs, Entrepreneurs and Startups) – mentioned.
“There are nonetheless some small and medium enterprises that may “discover alternatives at risk”, and develop fairly nicely in the course of the epidemic season. Nonetheless, this quantity is sort of modest. Most small and medium enterprises have restricted capital. Due to this fact, when the capital circulation from enterprise actions is lower off, it’s actually “dry”. They’re attempting their greatest to have the ability to stand up to the Covid disaster.”
The variety of companies leaving the market has been rising because the first wave of the Covid-19 epidemic, and has now exceeded the variety of newly established companies. Based on the newest information from the Normal Statistics Workplace, 85,500 enterprises needed to go away the market within the first eight months of 2021, up 24.2% over the identical interval in 2020. The variety of newly established enterprises stood at 81,600, a lower. 8% over the identical interval.
Supply: GSO.
Out of the full variety of enterprises withdrawing from the market, the epidemic middle in Ho Chi Minh Metropolis has 24,000 enterprises, accounting for 28.1%.
Confronted with the above state of affairs, a bunch of companies with difficulties met, wrote letters and known as for on-line signatures of many like-minded entrepreneurs to extend the “weight” of this vital petition.
“When 5,000 signatures are reached, we are going to print a tough copy and ship it to the Prime Minister and Ministers“, Mr. Chanh – consultant of the enterprise group making ready the appliance – mentioned.
“In lower than 24 hours, the petition already has about 2,000 signatures“, Mr. Chanh added.
Proposing Three teams of “pressing” insurance policies to avoid wasting companies
To ensure that companies to take care of via the pandemic, the above enterprise group proposed that the Authorities assist Three teams of insurance policies associated to staff, taxes – bills, and finance – banking.
– About insurance policies associated to Staff: Enterprises anticipate to droop cost of social insurance coverage contributions for not less than 6 months after asserting the tip of the epidemic, and on the identical time, no penalty might be imposed on companies unable to pay social insurance coverage contributions in the course of the pandemic interval. .
Enterprises additionally request to be exempted and lowered by 100% of social insurance coverage premiums of enterprises and staff in the course of the pandemic and should cease working and social distance; and Have an emergency assist coverage for workers who’ve been fulfilling their obligations for paying social insurance coverage so far.
– About tax and value coverage: Enterprises anticipate to be exempt from worth added tax (VAT) in 2021, scale back 50% of VAT within the subsequent 2 years from 2022 to 2023; 50% discount of company revenue tax payable in 2021 and 30% discount of tax for Three consecutive years because the announcement of the tip of the epidemic.
As well as, companies are requested to simply accept all prices incurred in the course of the pandemic that companies should spend equivalent to testing, anti-epidemic prices and “Three on-site”.
– About monetary – banking coverage: Companies advocate to be supported with a preferential rate of interest bundle of not less than 4%, equal to the assist bundle in 2008 – 2009 from August 1, 2021 to 12 months after the announcement of the tip of the epidemic.
On the identical time, it’s endorsed to permit the implementation of debt freezing and debt rescheduling insurance policies (each principal and curiosity) for companies that should quickly droop operations and face difficulties as a result of extended pandemic. Blocking the principal and lowering rates of interest by 2-3% from August 1, 2021 to six months after the Authorities introduced the tip of the epidemic for the remaining companies.
The enterprise group additionally urgently requires constructing a step-by-step roadmap to open the best way for companies to partially resume operations, within the context that staff have begun to be absolutely vaccinated.
“Greater than 2,000 representatives signed not solely small and medium enterprises, but additionally massive enterprises“, BizUni CEO mentioned.
“Entrepreneur Nguyen Thanh My – Chairman of My Lan Group, Chairman of Abroad Vietnamese Entrepreneurs Affiliation, Member of the Vietnam Fatherland Entrance, who is taken into account a businessman who introduced ‘Silicon Valley’ to Vietnam as nicely. signed up whereas studying my put up. My brother known as me and mentioned, “Manufacturing on this Covid season could be very troublesome. I characterize Four of your firms, signed the petition. If we now have some other suggestions, please let me know.‘” Mr. Chanh reported.
