BIDV Review 75 - September 2021

Page 12

Insights

Du c Anh

Finding solutions to economic recovery in the new situation find a common voice and solutions to overcome the difficulties. Since the outbreak of the pandemic, the Government has issued many policies to support businesses, including Resolutions No.86/NQ-CP and No.105/ NQ-CP on supporting businesses, cooperatives and business households in the context of the Covid-19 pandemic. Other policies and solutions to support businesses were also put in place such as policy on flexibly implementing regulations on Covid-19 pandemic prevention and control; on supporting workers and employers; on corporate income tax reduction, on supporting businesses, particularly small and medium-sized enterprises to improve their competitiveness. Prime Minister Pham Minh Chinh chairs an online conference with the business community and localities on solutions to support businesses amid Covid-19

The Government, the National Assembly and the State Bank of Vietnam have organized conferences to find solutions to flexibly adapt to, effectively control the Covid-19 pandemic and restore the economy. Senior leaders of BIDV participated in these conferences to get informed of directions as well as giving inputs for effective implementation.

Government in talks with businesses On 26 September, Prime Minister Pham Minh Chinh chaired an online conference with the business community and localities. The conference discussed solutions to adapting safely, flexibly, and effectively controlling the pandemic while restoring the economy. The Prime Minister said that if the focus was only on fighting the pandemic, resources will run out and if the focus was only on economic development without solutions to combat the pandemic, the people's health cannot be protected. An exchange cannot solve all problems, it is necessary to promote the spirit of innovation, creativity, mutual understanding, solidarity, unity to

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B I D V revie w

The Government is directing the development of a plan on safe, flexible adaptation to and effective control of the Covid-19 pandemic, drafting to amend and supplement many laws to continue removing the difficulties in production and business. The Prime Minister Pham Minh Chinh emphasized: the Government has been accompanying the business community in the spirit of “3 Don’ts” - Don’t say “no”, Don’t say “difficult”, and Don’t say “yes” but then take no action.

Expert consultation for economic growth On 27 September, the National Assembly held a seminar to consult experts on socio-economic development under the chair of National Assembly Chairman Vuong Dinh Hue. The seminar is a forum for experts, scientists and regulators to express their in-depth, independent


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Articles inside

BIDV continues donation for Covid-19 response

2min
pages 30-32

Stay home, stay SmartBanking

1min
page 27

Mid-Autumn Festival in Vietnam

2min
pages 28-29

New regulations effective in September

1min
page 26

State Bank issues circular on debt rescheduling

1min
page 25

Bancassurance: a spotlight amid Covid-19

3min
pages 22-23

Foreign investors continue confidence in Vietnam’s economy

2min
page 20

E-commerce sales expected to reach USD56 billion in next five years

1min
page 18

Hana Bank officially becomes an EPFI

1min
page 21

Moody’s changes Hana Bank’s outlook to positive

2min
page 24

Fitch expects Vietnam’s GDP to be strongest in ASEAN

1min
page 19

Banks move forward to digital transformation

2min
page 17

Effective credit solutions put forward amid Covid-19

2min
page 16

Boosting international cooperation on human resources

3min
pages 8-9

Finding solutions to economic recovery in the new situation

4min
pages 12-13

BIDV receives double SME awards

2min
page 6

Risks to the banking industry in the pandemic

4min
pages 14-15

BIDV makes Top 25 financial brands

2min
page 7

Proud to develop alongside the nation

3min
pages 10-11

BIDV donates computers to disadvantaged students

2min
page 5
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