From January to the end of May, nearly 60,000 businesses around the country closed. As many as 31,800 of them closed temporarily, while the rest were dissolved or are in the process of dissolution.

Many others are struggling with rising production costs.

Many enterprises are struggling due to the impacts of Covid-19.

Ly Kim Chi, chairwoman of the Food and Foodstuff Association of Ho Chi Minh City, said that since the start of the year businesses have been struggling with rising costs for raw ingredients such as condiments, rice and seafood.

Production materials and items like packaging and rubber gloves have also risen in cost.

Do Van Khuol, supply director of the Saigon Food Company, said that Covid-19 was driving up the cost of imported ingredients, and prices could rise by 10-25 per cent in the third and fourth quarters.

Last month the Vietnam Association of Seafood Exporters and Producers called for HCM City to delay its plan to charge extra fees for using seaport infrastructure works and utilities.

The city planned to begin doing this from July 1 to raise funds to upgrade seaport infrastructure.

The association proposed delaying that plan until at least 2022.

If the plan begins in July, businesses will face a serious financial burden on top of existing problems such as rising sea transportation costs and falling purchase demands, according to the association.

Although HCM City’s seaports play a key logistical role in transportation within the southern region and the Mekong Delta, traffic infrastructure for the seaports is still underdeveloped, leading to frequent congestion and high logistics costs.

Chi said that the next few months will see businesses importing a high volume of raw ingredients.

Businesses have asked that the proposed seaport fees be lowered so they can recover and improve competitiveness more easily, she added.

Businesses are also asking the Ministry of Industry and Trade to facilitate cooperation between them and e-commerce platforms to boost their business activities.

Business resume normal pace

(BGO) – To ensure “duo target” of pandemic prevention and production to gradually recover the global supply chain, the People’s Committee in Bac Giang province (PPC) issued Plan No.213 about re-organizing the production for businesses in the industrial parks which were previously suspended. Since May 28, many enterprises with qualified condition of disease prevention have resumed normal pace.

Bac Giang timely handles obstacles for business to resume operation

(BGO) – Implementing “duo target” of disease prevention and prodution, the Industrial Park Management Board (IPMB) in Bac Giang province and several districts have focused on reviewing to promptly allow businesses with qualified disease preventive condition to resume operation.

Bac Giang approves for 42 businesses to restart operation with isolated workers

(BGO) – Implementing the Plan No.213 of Bac Giang provincial People’s Committee (PPC) about re-organizing the production of enterprises in the industrial parks (IP), after actual inspection and verification, the Industrial Park Management Board has allowed 42 businesses to resume operation since May 26.

Businesses seek to buy Covid-19 vaccines for employees

Enterprises in Vietnam are searching for Covid-19 vaccines sources through authorities and qualified suppliers to inoculate their workers.

Bac Giang creates favorable conditions for businesses to resume operations in safe conditions

(BGO) - On the afternoon of June 1, Ambassador of the Republic of Korea to Vietnam Park Noh-wan visited Bac Giang province and had a working session with local leaders on the difficulties the RoK businesses are facing in the context of the Covid-19 epidemic.

Source: NDO/VNA