Local authorities chat with business circle on economic recovery
VGP – The city stands ready to listen to enterprises’ comments on policies, site clearance and planning adjustments and seek solutions to support the business community not only during the disease outbreak but also in the post-pandemic period, said Secretary of the Ha Noi Municipal Party Committee Vuong Dinh Hue.
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| Secretary of the Ha Noi Municipal Party Committee Vuong Dinh Hue |
Mr. Hue made the point on April 16 at a dialogue with businesses.
He said the COVID-19 pandemic is seriously hurting the world economy, including Viet Nam.
The local economy expanded by 3.72% in the first quarter this year, lower than the country’s average.
The Secretary revealed that Ha Noi will continue effectively implementing the Law on Support for Small and Medium-sized Enterprises (SMEs), process administrative procedures online at level 3, and step up online registration for procedures involving businesses at level 4.
The capital will promptly craft a scheme to support SMEs for the 2021-2025 period, boost start-ups and innovation, improve the quality and diversify business support services, and realise the Government’s mechanisms and policies to support production, trade and social welfare for those hit by the pandemic in line with resolutions by the Party Central Committee, the Government and the municipal Party Committee, Mr. Hue added.
In the first three months of 2020, Ha Noi’s regional gross domestic product increased by 3.72%, industrial index picked up 4.44%, total retail up 2.3%. There were 6,350 newly-registered firms, raising the total to over 285,300 as of March 31. During the period, more than 4,200 companies suspended operations, representing a year-on-year increase of 36%.
Export turnover valued US$ 2.74 billion, down 18.1% and import value was US$ 5.83 billion, down 21.3% in comparison with the same period last year.
By Khanh Phuong
