(HBO) - Complicated developments of the COVID-19 pandemic have posed challenges for many enterprises and many workers have lost their jobs. Therefore, the issuance of Resolution No. 68/NQ-CP, dated July 1, 2021, of the Government and Decision No. 23/2021/QD-TTg, dated July 7, 2021 of the Prime Minister are considered as a "life vest" to help businesses and employees overcome a difficult period.


Staff of the Vietnam Bank for Social Policies’ branch in Hoa Binh province visit businesses to grasp their needs and provide guidance on how to conduct procedures for accessing loans.

According to the Vietnam Bank for Social Policies' branch in Hoa Binh province, three enterprises have loans disbursed to pay the salary for employees who had to stop working in line with the Government's Resolution 68 and Decision 23 of the Prime Minister.

Due to the impacts of the pandemic,Corporation IBB joint Stock Company, which produces and distributes soft drinks and beer, has to suspend production and business activities.

Nguyen Ngoc Quan, deputy director of the company, said although it temporarily suspended operations, the company still has to pay salaries and social insurance contributions for a number of key employees. Thus, it has faced many difficulties in the past time.

Upon being informed and guided by the Vietnam Bank for Social Policies, the company has applied for a loan. Thanks to its timely disbursement, the company was able to overcome difficulties.

"Through the Vietnam Bank for Social Policies’ branch in Hoa Binh province, we were able to quickly access the loan package under Resolution 68. This is like a "life vest" for businesses in difficult times," Quan said.

Not only businesses have difficulties, but the non-public education system has also born the brunt of the COVID-19 pandemic over the past two years.

 

Da Hop kindergarten and primary school under Da Hop Education System joint Stock Company is an example.

The school has had to stop operations twice since the beginning of this year. It means that there was no revenue so the school has a lot of difficulties in paying teachers' salaries. The company received support from the branch’s credit officer with the completion of the procedures and documents to access capital quickly. Accordingly, more than 470 million VND was disbursed to help the company pay salaries for over 140 workers.

Dang Duc Hanh, deputy director of the Vietnam Bank for Social Policies' branch in Hoa Binh province, said there are 3,015 enterprises in the province, with over 72,000 employees. Of which, nine enterprises have stopped operation, 75 enterprises have workers that have to stopped working, and 12 enterprises engaged in the fields of transport, tourism, accommodation services, sending Vietnamese workers to work abroad.

Up to now, the branch has received 10 dossiers from businesses wishing to borrow capital, of which three businesses have loans been disbursed according to Resolution 68 and Decision 23.

 


Related Topics


Issuing the certificates of the product safety in the supply chain for the establishments

Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.

Hoa Binh province reviews state budget revenue in first two months

Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.

Young Thai ethnic woman brings traditional brocade to international market

Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.

Tan Vinh farmers strive to excel in production and business

As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.

Hoa Binh's leaders work with China Pacific Construction Group

alternate member of the Central Party Committee, Secretary of the Hoa Binh provincial Party Committee Nguyen Phi Long on March 5 had a working session with Yan Jiehe, Founder and Chairman of the China Pacific Construction Group, one of China's largest private corporations in the field of transport infrastructure. Deputy Secretary of the provincial Party Committee, Chairman of the provincial People's Committee Bui Duc Hinh and leaders of provincial departments and sectors also attended the working session.

Hoa Binh calls for acceleration of PCB manufacturing plant project

The electronic printed circuit board (PCB) manufacturing and processing plant of Japan’s Meiko Group, located at Da River Left Bank Industrial Park in Hoa Binh city with a total investment of over 200 million USD, is expected to create thousands of jobs and make a significant contribution to the local budget.