Nghe An: Ensuring stability and growth after the Covid-19 pandemic

Effective prevention and control of Covid-19

In the first 6 months of the year, along with accurate and timely solutions in preventing and fighting the Covid-19 pandemic, ministries, branches and localities have resolutely implemented the tasks and solutions in Resolution No. 01/NQ-CP and Resolution No. 84/NQ-CP dated May 29, 2020 on tasks and solutions to continue removing difficulties for production and business, promoting disbursement of public investment capital and ensuring social order and safety in the context of the Covid-19 pandemic.

The success in controlling the Covid-19 pandemic has created a solid foundation for the recovery and development of the country's economy, and this is the time for the whole country to focus on economic development as it has done in the prevention and control of the pandemic. In the first 6 months of the year, our country has maintained positive growth and a stable macro-economy.

Workers at Phu Linh Garment Factory (Dien Chau) continue production. Photo: Lam Tung

The labor, war invalids and social affairs sector has focused on quickly and accurately implementing the 62 trillion VND support package to the right beneficiaries in a timely, strict and effective manner.

Con Cuong district monitors the payment of Covid-19 benefits. Photo: TC

Sectors and localities in the province develop scenarios to forecast, assess the current situation, prepare human resources, material resources, and medical equipment to be ready to respond in all situations; at the same time, the scenarios must be reviewed daily to promptly supplement plans to keep up with the developments of the epidemic situation.

Implementing Resolution No. 42 of the Government, the province has implemented policies to support people facing difficulties due to the Covid-19 pandemic, including 3 groups of subjects: meritorious people; social protection; poor people, near-poor households. The total number of supported subjects is 637,064 people, with an amount of over 609 billion VND; The total number of subjects paid is 376,200 people (reaching 59.1% of the total approved subjects), the total disbursed support fund is 392,966 million VND.

Highest determination for growth plan

World economic growth in June 2020 showed signs of improvement compared to the previous month. It is forecasted that in the coming months, the domestic economy will continue to face many difficulties and challenges due to the complicated developments of the pandemic.
For Nghe An, the socio-economic situation in the first 6 months of the year faced many difficulties due to the impact of the Covid-19 epidemic and many other unfavorable factors.

“The epidemic has disrupted the production supply chain and the circulation of goods. Most businesses in countries with the epidemic are in a state of stagnation, production and logistics chains are temporarily blocked to fight the epidemic; consumption is still weak; input materials for some industries are imported slowly, there are no orders, orders are delayed or canceled...”

It is known that in June, the Provincial People's Committee plans 2 scenarios to focus on directing and operating: The high scenario is when the Covid-19 epidemic is controlled soon; the Government's measures in epidemic prevention as well as policies to support the economy, businesses and people continue to be effective.

In this situation, Nghe An does not follow any scenario anymore but concentrates all its efforts to achieve the goals. In particular, the province focuses on removing difficulties for production and business, creating favorable conditions for access to capital, credit, finance, tax, social insurance, and labor. In particular, reviewing and cutting administrative procedures and costs for businesses is a very important solution.Chairman of Provincial People's Committee Nguyen Duc Trung

Unloading goods at Cua Lo port. Photo: Thu Huyen

Nghe An will also promptly apply support measures for businesses, cooperatives, and farmers to restructure debt repayment terms, waive and reduce interest on old loans, maintain debt groups, and provide new loans with preferential interest rates. Implement policies to support people facing difficulties due to the Covid-19 pandemic according to regulations; Promote the implementation of the Bank-Business Connection Program, support to remove difficulties for businesses; implement the Plan to remove difficulties for businesses, the plan to cut costs for businesses.

Production activities of enterprises in the Southeast Economic Zone. Photo: Lam Tung

Promote the provision of non-cash payment services; implement payment via banks for public services and social security payments in the area...

Continue to support taxpayers affected by the Covid-19 pandemic; Study options to reduce fees and charges under the authority of the Provincial People's Council; options to reduce land rental prices in industrial parks and clusters based on reducing the State's land rental price frame for industrial land planning to attract investment.

Proactively research and implement mechanisms and policies to encourage and promote startups, support businesses to invest in restoring and expanding production and business activities; Strongly improve the investment and business environment; effectively implement foreign affairs activities, promote and attract investment; In addition, proactively respond to natural disasters and complex weather developments...