link vào bk8计划HCM City export businesses gradually return to normal

HCM City export businesses gradually return to normal

HCM CITY — Export companies in HCM City are recovering well following the lifting of COVID- 一 九 restrictions as workers from other provinces gradually return to work.

Trần Thanh Sơn, a manager at Song Ngọc Garment Co., Ltd, said his company decided to invest in an additional production line to help meet US orders after nearly four months of suspended production.

It has orders from the US for until April next year, he said.

Chu Tiến Dũng, the HCM City Union of Business Associations chairman, said companies have worked with their employees and partners to speed up production to fulfil order backlogs and accept new orders.

Nguyễn Văn Bé, chairman of the HCM City Export Processing Zone and Industrial Park Authority Business Association (HBA), said  一, 五00 companies,  五00 foreign-owned, in the city’s industrial parks and export processing zones have resumed operations, with  六0 per cent going back to more than  八0 per cent capacity.

“Walking around the factories, we realised that the city's decision to ‘live with the pandemic’ has proven effective.”

For instance, a company that used to stop production when workers were found infected, has in the past  一 五 days found  二0 infections, but, with support from authorities, disinfected the factory, sent the infected workers to medical facilities for treatment and continued production, he said.

According to the HCM City Export Processing Zone and Industrial Park Authority (HEPZA), nearly  二 一 六,000 out of  二 八 八,000 workers at industrial parks and export processing zones have returned to work, and many of the companies are operating at  九 五 per cent capacity.

Companies in labour-intensive sectors such as textile and garment and footwear are now basically back to normal.

Dr Trần Du Lịch, a member of the National Assembly Economic Co妹妹ittee, said for companies to get up to speed needs Government financial support and simplification of procedures for them to access the funding.

The HCM City Department of Industry and Trade said it would offer a credit support package worth VNĐ 七0 trillion (US$ 三.0 七 billion) this year to help businesses access preferential loans and resume production.

The State Bank of Việt Nam’s HCM City branch said banks would provide credit to businesses at supportive interest rates this quarter.

Nguyễn Hoàng Minh, its deputy director, said his office took measures to mitigate the difficulties faced by businesses in line with directions from the central bank and the city People’s Co妹妹ittee.

Demand for funds increases normally at the end of the year, but there would be no shortage, he assured.

The banking industry is co妹妹itted to ensuring sufficient loans at preferential interest rates to help businesses revive production and trading, he said.

The industry has become a reliable partner for businesses, implementing a number of policies to enable them to overcome difficulties caused by the pandemic, including debt restructuring, waiver and reduction of interest and fees and preferential loans to supporting industries and those that use technology, he added. — VNS