Affected by Covid-19, Nghe An mineral exports decreased by 15 million USD

Unlike the bustling atmosphere of cars coming in and out carrying white marble for export, the quarry and processing workshop of Toan Thang Company Limited (Minh Hop Commune, Quy Hop) is now quiet. A representative of this unit said: Stone products have long been mainly exported to the Chinese market, with many stone products for cladding, but due to the impact of the Covid-19 epidemic, since the beginning of 2020, the unit has reduced export output by over 70%, had to find a domestic market to sell, and operate at a low level to support workers.

Due to difficulties in consumption, many stone mining and processing facilities have inventory and workers have to quit their jobs. Not to mention, some tin mining and processing enterprises in Quy Hop district have to operate at a low level due to difficulties in export.

Stone cladding products at some businesses in Quy Hop district have not been able to be exported to other countries due to the pandemic. Photo: Van Truong

Mr. Nguyen Xuan Hue - Head of the Tax Department of Phu Quy I area said: For a long time, Quy Hop district has had about 20 enterprises exporting mineral products to other countries. Due to the impact of the epidemic, most of the units had to stop operating, up to now, the whole district has only 4 mineral exporting enterprises.

However, businesses are operating at a standstill, with export revenue down over 70%. Some businesses are currently exporting a small number of previously signed contracts to India, Hong Kong, etc. There are almost no new export orders.

In the context of the complicated developments of the Covid-19 epidemic, thousands of workers in the processing and mineral sectors in the province have had to quit their jobs, some are unemployed or have switched to other jobs.

According to the report of Nghe An Customs Department: Mineral export turnover from the beginning of 2020 to date has reached 26.07 million USD, down more than 15 million USD compared to the same period in 2019 (equivalent to a decrease of nearly 40%). Mineral export items in Nghe An province are mainly stones of all kinds, originating from Quy Hop and Tan Ky districts. Enterprises mainly produce and process products from superfine white stone powder, sawn stone for cladding... Due to the impact of the Covid-19 epidemic, the consumption market in countries such as China, Iran, Hong Kong, Taiwan and Middle Eastern countries has decreased.

Stone products of all kinds are unsold at Thung Khuoc handicraft area, Quy Hop town. Photo: Van Truong

To contribute to solving difficulties for mineral exporting enterprises, relevant sectors need to continue to reform and simplify administrative procedures, promote customs modernization, apply information technology to professional stages: management, supervision of imported and exported goods, tax collection, etc. to create favorable conditions for enterprises. Actively support and remove obstacles for import and export enterprises in customs clearance of goods, contributing to the recovery of production, business, and export, prioritizing the implementation of quick procedures to reduce time and costs for enterprises./.

Nghe An: Nearly 2,000 businesses get tax extensions

(Baonghean) - The Covid-19 epidemic has been severely affecting production and business activities nationwide and Nghe An is no exception. Implementing the Government's policy, Nghe An Tax Department has been implementing tax extensions according to Decree 41/2020 of the Government.

53% of businesses are unprofitable, 42,000 businesses are waiting for dissolution

The Ministry of Planning and Investment has just announced some remarkable figures. In the first 8 months of 2018, nearly 42,000 enterprises nationwide temporarily suspended operations or waited for dissolution, an increase of 45.9% over the same period last year.