(HBO) – The COVID-19 pandemic has caused many businesses to go bankrupt or struggle with debt, and many workers to lose their jobs over the past two years. The pandemic has also severely affected the poor and disadvantaged groups in society.



The Hoa Binh branch of Vietnam for Social Policies has recently signed contracts to provide loans for three enterprises to pay wages for workers who have to stop working due to the impact of the COVID-19 epidemic, and to restore production in line with Resolution No. 68 of the Government.

Effectively implementing the "dual goal" of preventing and combating the pandemic, protecting the people's health while resuming production, and developing socio-economic in the new normal state - is the target set by the Government for ministries, branches, and localities.

Recently, businesses and workers in the province are interested in the loan package to pay salaries for employees who have to stop working and to restore production. The Hoa Binh branch of Vietnam for Social Policies has coordinated with relevant sectors to disseminate information on the package as well as approached businesses to urgently implement the policy. However, only three businesses in the province have so far received loans with a total amount of more than 1.4 billion VND (61,330 USD). 

The province currently has more than 3,000 enterprises with over 72,000 employees. Due to the impact of the pandemic, nine businesses had to suspend operation and 75 enterprises had to let some of their employees stop working. That figure showed that there is a high demand to access the support package in the spirit of Resolution No. 68.

From the direction of the Prime Minister and the actual implementation of social security packages in recent years, it can be seen that the "timely" factor is still an unsolved issue. Thus, it is necessary for competent agencies to carry out it faster and more responsibly so that the very humane policy of the Party and State can be put into practice and many businesses can benefit and receive more doses of "vaccines" amid the complicated development of the pandemic. If enterprises are "healthy", the country's economy will develop, workers will have jobs and social security will be secured.

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