Report on Performance results of Resolution 35/NQ-CP in Second quarter 2020

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CHAMBER OF COMMERCE

& INDUSTRY OF VIETNAM

No: 1108/PTM – VP

Report on Performance results of Resolution 35/NQ-CP in Second quarter 2020

THE SOCIALIST REPUBLIC OF VIETNAM

Independence- Freedom- Happiness

Hanoi, 16 July 2020

TO: THE GOVERNMENT

The Vietnam Chamber of Commerce and Industry (VCCI) is pleased to report on the implementation results of the tasks assigned in the Government's Resolution 35 / NQ-CP dated May 16, 2016 on supporting and developing enterprises till the year 2020 in Second quarter, 2020, specifically as follows:

I. THE RESULTS OF THE MINISTRIES, BRANCHES AND LOCALITIES’ AGGREGRATING AND RESOLVING RECOMMENDATIONS OF BUSINESSES

1. The results of aggregating and resolving recommendations of businesses in second quarter 2020

In second quarter 2020, the VCCI recorded 213 new recommendations from businesses and business associations (an increase of 102 recommendations compared to first quarter, 2020). The receiving and resolving recommendations as of June 30, 2020 is as follows:

Month

Number of recommendations received

Number of recommendations resolved

Number of recommendations was not resolved

Note

4/2020

161

25

136

 

5/2020

20

9

11

 

6/2020

32

2

30

Details in Appendix 1 and 2 attached to the report

Total

213

36

177 [1]

 

Classification by ministries, branches and localities shows that ministries and branches received many recommendation in second quarter, 2020, including: the Ministry of Finance: 69 recommendations; the State Bank: 38 recommendations; the Ministry of Labor, Invalids and Social Affairs: 18 recommendations; The Ministry of Transport: 12 recommendations; The Ministry of Industry and Trade: 11 recommendations; the Ministry of Information and Communications: 10 recommendations; The Ministry of Planning and Investment: 9 recommendations; The Ministry of Natural Resources and Environment: 06 recommendations. Particularly, the group of 8 ministries and industries received 173 recommendations. accounting for 91%. The remaining ministries are: Health, Agriculture and Rural Development; Diplomatic; Police; Science, Technology, Defense, Construction, Government Inspectorate, Vietnam General Confederation of Labor, Social Insurance, and localities account for 9%. The reason for the increase in recommendations of businesses and business associations compared to the first quarter, 2020 is due to the businesses' recommendations to support difficulties under the impact of the Covid-19 epidemic and to serve the online conferences of the Government’s  Prime Minister with businesses to solve difficulties, promote business and production, recover the economy coping with Covid -19 occurred on May 9, 2020.

The main content of the recommendations of businesses and business associations in the second quarter of 2020 mainly proposed that the Government, ministries, branches, and localities proposed solutions to remove difficulties for enterprises due to the influence of the Covid-19 epidemic and suggested to have guidelines of the law to implement. There are also several recommendations on legislation and some specific cases of businesses. Some key contents of the recommendations include the following:

- The Ministry of Finance received the most recommendations from businesses and business associations with the main content proposed to have policies to support difficulties caused by disease outbreaks: Applying tax exemption and reduction policies. Charges and fees for businesses according to the Government's Decree No. 41/2020 / ND-CP; mechanisms and policies to support a number of industries directly affected by the Covid-19 epidemic such as aviation, services, transportation ...; issuingsoon a decree to immediately implement retrospective loan interest expenses when calculating taxes in 2017 and 2018 and allow the transfer of fees within 5 years (according to the draft amendment to Clause 3, Article 8, Decree 20/2017 / ND-CP regulating tax administration for associated transactions); proposed reduction of 50% of land rent payable in 02 years 2020 and 2021 to support and revive businesses to overcome the difficult period after the disease; VAT exemption for real estate leasing and trading in Quarter I-II-III in 2020, reducing 50% VAT for Quarter IV and Quarter 1 of 2021, allowingbusinesses to extend the time for fulfilling tax payment obligations.

In addition, there are a number of recommendations to guide or handle difficulties and problems in the field of tax and customs: guiding on becoming an electronic invoice service provider; identifing violations of the Law on Tax Administration; deducting VAT on imported machinery and equipment; guiding tax refund of investment projects; guiding on the application of an increase in the price of goods when levying import duties; reflectting the change in sampling patterns, which affects the delay of check-in and delivery; guiding the subcontractors' use of the investor's tax-free list; guideing the provisions of law related to corporate income tax and personal income tax.

- The State Bank received recommendations related to credit policies such as supporting businesses to pay salaries to employees at 0% interest rate in accordance with the Government's Resolution No. 42 / NQ-CP; further decrease of 2-3% for new and existing loans (to about 4-5% for VND loans and 2-3% for USD loans) for each group of customers. enjoying various epidemics through refinancing measures, increasing credit limit to enable commercial banks with cheaper capital to lend to businesses, expanding security measures. lending in accordance with the actual conditions of each type of business, especially SMEs, micro enterprises; allowing businesses to reschedule loan repayment, exemption and reduction of interest rates, maintaining the group of debts of the State Bank applicable to VND loans but not USD loans; providing guidance to support USD loans for exporters and allowingbusinesses to apply swap loans; giving preferential loans of 0% to enterprises of the retail industry of essential foodstuffs as the enterprises supplying food and foodstuffs must increase their reserves to meet consumer demands in epidemics; for real estate businesses to restructure debts, reducing interest rates by about 30% over a 12-month period, extending the schedule of loan interest payment, repaying the principal, and did not transfer the bad debt group when due in the spirit of Circular 01 / 2020 / TT-NHNN of State Bank; concretizing policies to support enterprises to have solutions to lower interest rates, having mechanisms to compensate interest for commercial banks or expand credit growth (under control) so that banks can find sources to offset the subsidized amounts. supporting businesses ... In addition there are a number of recommendations to guide regulations proving the origin of cash to deposit into the account of foreigners in Vietnam; Finalizing bidding packages in package contracts.

- The Ministry of Labor, War Invalids and Social Affairs mainly receives proposals to support salary, health insurance, social insurance, unemployment insurance, fees and charges in 2020 such as: no salary adjustment. regional minimum for 2021; payment of wages to employees is equal to 40% of the regional minimum wage, or businesses shall pay 60% of the salary and the Government shall support 20%; providing specific guidance on cases where employees stop working or stop working without pay during the epidemic so that they can keep their jobs unchanged; allowing workers and employers to agree to pay wages lower than the regional minimum wage during the epidemic period, reducing working hours and paying corresponding to working hours; allowing workers to enjoy full unemployment insurance for businesses that are closed to workers' feet; allowing the early application of the provisions of the Labor Code 2019 (effective 2021): In case of natural disasters and epidemics due to objective conditions, allowing businesses to be paid to laborers at a minimum of 14 days, then may pay lower as agreed; amending the regime for the subjects who stop working under Clause 2, Article 98 of the Labor Code, they also enjoyed the allowance level specified in Resolution No. 42 / NQ-CP of the Government; extending work permits, visas for foreign workers who have entered Vietnam before the outbreak of the disease; there are specific guidelines for cases where the workplace is temporarily suspended, or business is suspended due to the blockade, allowing enterprises to let employees take unpaid leave without agreement. In addition, there are opinions of enterprises and private hospital associations that recommended supplementing cases of the health sector, directly being officials and health workers being special subjects, with special characteristics in the draft Decree. guiding the Labor Code on working hours and rest time.

- The Ministry of Planning and Investment received  proposals from businesses and business associations that request a guidance on the implementation of policies and laws, specifically:

+ Guiding procedures for land lease outside the planning; guiding the change of investors implementing projects, transfering of investment projects; instructing to sign contracts and authorize branches; guiding the implementation of the provisions of the investment certificate, the duration of hiring workshops to implement investment projects; guiding the procedures for licensing e-commerce activities for foreign investors.

+ The unclear issues in the process of selecting contractors in the form of online bidding; guiding the transfer of investment projects; payment of general items in package contracts; reflecting the lack of uniformity and agreement about the requirements for preparing the application file for enterprise establishment registration; guiding naming for businesses; reflecting the fact that the Business Registration Department has not updated the administrative boundary on the national business registration system; Access to preferential loans for SME development fund.

+ Extending the time for carrying out administrative procedures related to business investment, especially for foreign investors because of the disease conditions that cannot enter Vietnam to complete the procedures on time as prescribed.

- The recommendations sent to the Ministry of Construction are requested to guide the implementation of the law on the following contents: Guidelines for promulgating the "4-step regulation" on procedures for investment in construction of housing projects with appropriate land fund according to current regulations, step 1: preparing procedures, step 2: Making detailed plans of 1/500 scale, step 3: Establishing procedures for land lease, changing purpose, step 4: granting certificates construction permit; amending and supplementing Clause 4, Article 23 of the Housing Law to comply with Clause 1, Article 169 and Clause 2, Article 191 of the Land Law and ensure the uniformity of the legal system; there is a circular guiding specifically for businesses to implement social housing projects for workers in industrial parks to achieve positive results, contributing to social security, stabilizing the lives of workers, properly in the spirit of Directive No. 03 / CT-TTg dated January 25, 2020 of the Government’s Prime Minister; there is a detailed guidance on the implementation of Clause 1, Article 17 of Decree 69/2019 / ND-CP to help investors paid under BT contracts.

- In the field of natural resources and environment, the Ministry of Natural Resources and Environment received the contents of recommendations, including: Early promulgating a Decree amending and supplementing details of the Land Law implementation, in which supplementing the form " land allocation ”with regard to state-run parcels of land interlocked in housing projects; amending and supplementing Clause 4, Article 23 of the Housing Law, replacing the word of "residential land" with the word "land" or the phrase "residential land and other land types" to ensure the consistency between the Housing Law and the Land Law, requiring provinces and centrally-run cities to strictly implement Decree 118/2015 / ND-CP stipulating that no deposit is required from 1-3% of total investment capital for projects that investors receive transfer of land use rights in accordance with the land law;

- The Ministry of Health received recommendations: Guidelines for operating licenses for medical clinics and practice certificates; guiding the procedures for registering environmental protection plans at medical establishments andfood additive product registration guide.

A prominent recommendation in the health sector is the inconsistency in the implementation of the legal policy on health insurance, according to the Ministry of Health, anesthesia, anesthesia has been prescribed in the Law on Examination and Treatment of November 23, 2009, the Law on Prices of June 20, 2012. Law amending and supplementing a number of articles of the Law on Health Insurance dated June 13, 2014. The Ministry of Health has issued an Official Letter No. 6439 / BYT-KH-TC dated October 31, 2019 requesting the social insurance agency to direct the social insurance agencies at all levels to continue paying health care costs for health facilities. The disease is in accordance with the rates specified in the Health Minister's Circular No. 39/2018 / TT-BHYT dated November 30, 2018, uniformly applying the price of medical examination and treatment services to health insurance between hospitals of the same class. nationally and guide the application of prices and payment of expenses for medical examination and treatment with health insurance in some cases and the Ministry of Health's Circular No. 13/2019 / TT-BHY dated July 5, 2019 amending and supplementing a number of articles of Circular 39/2018 / TT-BYT. However, Social Insurance does not agree with the Ministry of Health's suggestion that the two methods of anesthesia differ in technique and cost, so in Circular 39/2018 / TT- Health insurance has surgeries and procedures that are subject to a separate price when applying anesthesia or anesthesia method. Therefore, the Ministry of Health required the social insurance agency and the people to pay for the cost of the surgery, the procedure using anesthesia method at the price of the surgery, the procedure with anesthetic structure that is unreasonable. We recommended the Ministry of Health to agree with the Social Insurance on the method of paying the costs of surgeries and procedures using anesthesia methods for medical establishments today, because if they continued havingsuch inconsistency as above, it would lead to health care providers' consideration of the choice of technical services and would affect their treatment and life.

In addition, the American Business Association in Vietnam (AmCham) recommended to allow the circulation registration certificates to expire from July 1, 2020 to continue to be maintained until being granted a 5-year extension for Pharmaceutical companies.

- The Ministries of Industry and Trade, Information and Communications, Transport, Agriculture and Rural Development, Justice, Vietnam General Confederation of Labor, Social Insurance received major recommendations for major support. policies on social insurance, trade union fees, transport and export fees, specifically: suspending employer and employee contributions to union funds, social insurance, health insurance, unemployment insurance until the end of December 2020. Recommendations to reduce the unemployment insurance premium from 1% to 0.5% for at least 6 to 12 months; to reduce the union's contribution rate from 2% to 1% in the immediate future for 2020; further reduced 30% of container loading and unloading service in the epidemic price bracket; 50% discount of subscription fee for specialized itinerary for transportation and 40% discount for booking, operating, maintaining and managing servers for itineraries. time of 6-9 months; accepting valid COP results or ISO 9001 certificate issued by a foreign competent authority in order to carry out procedures for granting quality certificates for imported vehicles and components; guiding on food products not on the list of food safety inspection; handling conflict of laws in the licensing of e-commerce activities applicable to foreign investors.

- The recommendations that the businesses sent to localities mainly proposed to solve specific difficulties encountered by businesses in production and business activities, such as supporting businesses with leased land to implement the farming farm project. pineapple, vegetables according to ecological technology in Tien Giang; promulgating procedures for construction investment for commercial housing projects, social housing projects with appropriate land in accordance with the law and practice in Ho Chi Minh City; supporting Thai Binh 1 Company Limited to remove the ban on trucks with a tonnage of over 5 tons on Dinh Quang An road in Phuoc Tan ward, Bien Hoa - Dong Nai Province to create favorable conditions for enterprises to transport goods; The Hai Phong Foreign Trade Logistics Joint Stock Company and Son Truong Co., Ltd recommended the Hai Phong City People's Committee to reduce land rental tax for businesses ...

In addition, there are some recommendations on reforming administrative procedures and promoting the implementation of specific policies for a number of specific sectors and fields, the VCCI  reported to the Government’s Prime Minister in Official Letter No. 0619 / PTM-KHTH dated May 7, 2020.

2. Responding to proposals of ministries, branches and localities

- In second quarter 2020, The VCCI received 36 documents to respond to business proposals of ministries, sectors and localities. These documents have been fully published on VCCI's website.

Through VCCI's monitoring, from April 1, 2020 to the end of June 30, 2020, 177 recommendations of businesses and business associations were not answered by ministries, branches and localities. The ministries and branches having many unanswered recommendations include: the Ministry of Finance: 29 recommendations; the State Bank: 29 recommendations; the Ministry of Labor, War Invalids and Social Affairs: 18 recommendations; the Ministry of Industry and Trade: 13 recommendations; The Ministry of Transport:9 recommendations; the Ministry of Planning and Investment: 08 recommendations; the Ministry of Information and Communications: 7 recommendations; the Ministry of Natural Resources and Environment 06 recommendations; The Ministry of Health, the Ministry of Science and Technology, the Ministry of Public Security and the Ministry of Construction, the Ministry of Defense, the Government Inspectorate, the Vietnam General Confederation of Labor and the Vietnam Social Security each received from 1 to 3 recommendations. Localities including People's Committees of provinces and cities: Ho Chi Minh, Hanoi, Hai Phong, Ha Nam, Khanh Hoa, Quang Ninh, Kien Giang and Phu Yen all received recommendations, in which Hanoi received 3 recommendations, the rest were localities.

Details of unanswered recommendations and responsibilities of ministries, branches and localities are presented in Appendix 4 attached to the report.

- In general, ministries and agencies took initiative in receiving and promptly settling proposals of businesses, which were transferred by the Government‘s Office and VCCI quite fully, timely and on time according to the Office's transfer forms. However, there are still a number of ministries that respond to and resolve business recommendations in a timely manner according to the transfer form of the Government‘s Office due to the guidance on legal policies, so it takes time to study and or submit to the Government and the National Assembly for comments.

The VCCI also investigated and surveyed opinions of 500 businesses and business associations on the quality of answering recommendations of ministries and localities in recent years. The survey results show that, in response to the recommendations of ministries and agencies, 51.1% of businesses responded to be satisfied and very satisfied, 48.9% of businesses answered that were not satisfied. The percentage of businesses that were not satisfied this year increased quite high (17.5%) compared to 31.43% of the same period in 2019. Regarding the resolution of recommendations of People's Committees of provinces and cities directly under Central government had: 57.4% of businesses responded to be satisfied and very satisfied, 42.6% of businesses responded not satisfied (up 11.3% over the same period in 2019). Regarding dissatisfied reasons: Up to 61.7% of businesses responded that the answers were too broadly, explained but did not solve recommendations; 17% of businesses thought that it was necessary to amend the provisions of the law to solve, but the amendments were slow; as many as 19.1% of businesses answered that the authorities only recorded recommendations but did not resolve them; Particularly, 12.8% of businesses reflected that the authorities responded incorrectly to the recommendations ... At the same time, the VCCI continued coordinating with the People's Committees of provinces and cities to summarize the implementation of commitments and action plan to carry out the signed commitment between VCCI and People's Committees of provinces and cities on creating a favorable business environment for businesses in the spirit of Resolution 35 / NQ-CP.

It is suggested that the Government’s Office continued to have opinions with the ministries, branches, and localities to have a solution to definitely resolve the recommendations of businesses, especially those that are backlog from the beginning of April 2020.

II. THE IMPLEMENTATION OF THE VCCI'S RESOLUTION 35 / NQ-CP

In Second quarter 2020, the VCCI implemented the following assigned tasks:

1. Implementing activities that contribute to administrative reform; creating a favorable environment to support businesses.

- VCCI commented on the draft legal document: Road Traffic Law (amended); The Decree details and guides the implementation of the Labor Code; Decree defining the functions, tasks, organizational structure and operation of the National Wages Council; Decree Prescribing retirement age and conditions for pension entitlement; Decree on Labor Management, labor contracts, wages, labor discipline, material responsibility; the Decree stipulates that workers are domestic servants; Decree on foreign workers working in Vietnam; Decree on Vietnamese people working for foreign organizations and individuals in Vietnam; Circular guiding tax registration; Circular providing regulations on banking order and procedures; Circular on frequency band planning for IMT mobile system; Circular amending and supplementing Circular No. 152/2015 / TT-BTC guiding natural resources tax; Circular on charges and fees; Issuance of business household regulations in the Enterprise Law draft; draft Law on Environmental Protection; The Decree prescribes the coordination and coordination of procedures for granting enterprise registration certificates, labor declarations, issuing social insurance unit codes, using ordered and printed invoices; Decree on invoices and documents; Decree amending and supplementing Decree No. 89/2013 / ND-CP on appraisal of prices; The Circular prescribes the fees for granting establishment and operation licenses of credit institutions; Circular amending and supplementing a number of articles of the Minister of Finance's Circular 45/2017 / TT-BTC of May 12, 2017, stipulating the remuneration framework for property auction services as prescribed in the Auction Law asset; Circular amending Circular 302/2016 / TT-BTC guiding licensing fees ... (Detailed content of comments is updated at: http://vibonline.com.vn/Looking for comments-vcci).

- Commented on the draft Decision of the Government’s Prime Minister on the implementation of measures to support people facing difficulties due to COVID-19 epidemic; Guidance on assessing the risk of Covid-19 disease infection at business and production establishments; Project on "Strengthen and improve the operational capacity of the Vietnam Social Insurance Management Board" ...

- Collaborated with the General Department of Customs (TCHQ) and USAID's Trade Facilitation Project (TFP) to conduct the Survey on "Assessing the satisfaction level of business community in the implementation of public services. through the National Single Window”.

- Completed 03 topics: "The impact of the Covid-19 flu on the world and Vietnam economy, proposed solutions to support businesses"; "The development of Vietnamese businesses compared to the world"; "The reality of FDI attraction in Vietnam and the issues raised".

- Conducted a survey of businesses in the Central Coast region to assess the current situation and proposed measures to support Vietnamese businesses to enhance access to credit through improving their governance and operational competency and finance; made a survey of small and medium-sized enterprises in the Southeast region in the creative start-up ecosystem through propaganda and dissemination of the Law on Small and Medium Enterprises. Supported and enhanced access to capital from the Bright Start-up Fund tocreate small and medium businesses; made a survey of businesses in the North Central region to analyze and assess the situation and propose measures to enhance market participation and promote fair competition to contribute to real private economic development become an important driving force of the socialist-oriented market economy.

- The VCCI cooperated with partners to organize consultative activities for the draft Public-Private Partnership (PPP Law): Online seminar to collect opinions of investors, foreign partners on the PPP bill, the seminar to comment on the draft of the Investment Law according to public-private partnerships on the content of PPP contracts and handling violations. Speaking at the event, the Chairman of VCCI said that the PPP bill needs to meet the increasing investment needs to promote the development of infrastructure as well as public services of the economy; ensured a competitive environment for Vietnam's investment capital, especially compared to other countries in the region; the stability of long-term legal frameworks should be ensured, but there is still a flexible implementation mechanism, be consistent with changes from the practical situation.

- The VCCI cooperated with partners to organize consultative activities for the draft Public-Private Partnership (PPP Law): Online seminar to collect opinions of investors and foreign partners on the PPP bill, the seminar to comment on the draft of the Investment Law according to public-private partnerships on the content of PPP contracts and handling violations. Speaking at the event, the Chairman of VCCI said that the PPP bill needed to meet the increasing investment needs to promote the development of infrastructure as well as public services of the economy; ensured a competitive environment for Vietnam's investment capital, especially compared to other countries in the region; The stability of long-term legal frameworks should be ensured, but there is still a flexible implementation mechanism, consistent with changes from the practical situation.

- Collaborated with the United States Agency for International Development (USAID) to publish the Provincial Competitiveness Index (PCI) in 2019. The report is based on the results of a survey of 12,400 private businesses from 63 provinces, cities and more than 1,500 foreign-invested enterprises (FDI) in 21 provinces and cities. The PCI 2019 report showed positive trends in reform at the local level, demonstrated the dynamism and creativity of the provincial governments, the work of solving difficulties and problems of enterprises has made many progresses, a more equal business environment, improved transparency, improved legal and security mechanisms. In particular, unofficial costs of businesses continued to decrease. PCI report 2019 marked 15 years of VCCI coordinating with partners to implement the assessment report on the quality of economic management of localities under the enterprise perspective, contributing to conveying important messages of the business community. In order to improve the quality of governance, reform administrative procedures and create a more favorable business environment for businesses.

- VCCI signed a cooperation agreement with Vietnam Association of Road Traffic Investors (VARSI). Through the Cooperation Agreement, the VCCI and the VARSI will coordinate in perfecting and developing policies and legal mechanisms to support entrepreneurs and businesses to improve competitiveness and sustainable development. in the integration process. At the same time, the two sides will also cooperate to carry out activities to promote and create favorable conditions for private businesses to participate in infrastructure investment in general and public-private investment in particular, specifically such as: Awareness raising, consultation, capacity building, communication, promotion and connection of PPP projects; exchanging experiences between the parties in formulating, perfecting and enforcing investment law in the form of PPP; coordinating to organize the Association's capacity building activities to improve the association's performance and support its members. In addition, VCCI and VARSI plan to jointly organize many activities to develop corporate and business culture through seminars and seminars to enhance exchanges and connections within the business community and investors. in the field of road traffic.

2. Deploying trade, investment promotion activities,programs, and projects, supporting the competitiveness of businesses and business associations:

- VCCI President Vu Tien Loc chaired the 47th East Asia Business Council (EABC) meeting as the EABC Chair in 2020. The meeting was held online. At the Conference, participants focused on discussing the Regional Comprehensive Economic Partnership (RCEP), Digital Economy and Micro, Small and Medium Enterprise Support (MSME). Discussing key issues, the Chairman of VCCI concluded: (1) Regarding the RCEP process, the Council recommended that the Governments accelerated the process of finalizing and signing the Agreement, re-emphasizing the principle of consensus and the full participation of all countries including India - a potential economy and an important partner in the region; (2) On the digital economy, the Council agreed to promote private sector cooperation in information sharing, spreading good practices and setting the foundation for promoting digital transformation in businesses and in the economy, the Council highly appreciated the cooperation of JETRO (Japan) with VCCI in the initiative of implementing Digital STARS Project, aiming to build an ASEAN start-up network for startups; (3) Regarding the development of MSMEs, the Council is committed to continue initiatives to promote the development of MSMEs, including the development of electronic manuals on customs procedures, trade facilitation and promotion. e-commerce enhance access to credit for MSMEs. The 48th East Asia Business Council meeting is scheduled to be held in August 2020.

- VCCI President attended and co-chaired the Conference on "Hanoi 2020 - Investment and Development Cooperation". Attending the meeting were Prime Minister Nguyen Xuan Phuc, delegates and more than 1200 domestic and foreign investors and enterprises, many of whom attended to receive the decision on project investment policy or proposals. Investing in new projects in Hanoi City. At the conference, Hanoi City granted investment certificates to 229 projects, with a total capital of VND 405,458 billion (equivalent to US $ 17.6 billion) with an additional capital of VND 270,458 billion. The total number of projects and capital increased by 5 and 11 times compared to the Investment Promotion Conference 2016. At the same time, the city and investors signed 38 memorandums of understanding with the total estimated investment. about USD 28.6 billion. In addition, representatives of ministries, international organizations and businesses will discuss and propose solutions to attract effective investment cooperation projects in Hanoi to close. contributing to the rapid and sustainable development of the capital as well as the whole country in the coming time.

- The VCCI as Chairman of ASEAN Business Advisory Council (ASEAN BAC) 2020, in collaboration with ASEAN Mixed Business Council and partner countries successfully organized an online conference with the Business Council ASEAN-New Zealand Mixed Industries. Presiding at the meeting were VCCI’s Vice President Doan Duy Khuong, ASEAN-New Zealand Business Council’s Vice President Lester Khoo, ASEAN-New Zealand Business Council CEO Liz Bell and the ASEAN BAC Council Secretariat, ASEAN-New Zealand. The conference focused on the issues related to tourism promotion between New Zealand and the countries in the post-pandemic bloc, removing non-tariff barriers, education, training, methods, and types of new business. The two sides agreed to work together to implement activities to promote economic cooperation, education and tourism, especially the application of digital technology to reduce costs, increase productivity, and expand capacity, ability to develop markets, to participate more deeply in the market of each other. At the meeting, Chairman of ASEAN BAC informed about the ASEAN Business and Investment Summit (ASEAN BIS) 2020 and sent invitations to attendees.

- The Vietnam Business Council for Sustainable Development (VBCSD-VCCI) successfully organized the VBCSD Executive Board Meeting for the term 2020-2023. Within the framework of the meeting, the organizers elected the. VBCSD Steering Committee for the fourth term (2020-2023). Accordingly, the Chairman of VBCSD is doctor Vu Tien Loc - President, Vietnam Chamber of Commerce and Industry (VCCI); VBCSD's co-chairman is Mr. Bindu Jacob - General Director, Nestle Vietnam Co., Ltd; Executive Vice President cum General Secretary of VBCSD is Mr. Nguyen Quang Vinh - General Secretary of VCCI. On this occasion, the Deputy Government’s Prime Minister Vu Duc Dam had a meeting with VBCSD. The Deputy Government’s Prime Minister highly appreciated the persistent efforts, creative thinking and proactive spirit of VBCSD over the years and suggested the Council to further promote the existing advantages and continue to support the VBCSD. Joined the Government in developing a sustainable business community.

- Prepared for online conferencing and live broadcast of the Government’s Prime Minister with the business community nationwide with the theme: "Restarting the economy to overcome diseases", the VCCI prepared a Report on Operational situation and recommendations of businesses and business associations presented at this important conference. The report brought together 9 groups of recommendations with nearly 100 specific recommendations from businesses proposing solutions to support businesses during and after the epidemic, contributing to the period of economic restart.

- Organized 02 online conferences of Central Council of Vietnam Business Associations in order to continue collecting ideas and proposals from enterprises affected by COVID-19 epidemic. The VCCI’s President Vu Tien Loc, Chairman of the Central Council of Vietnam Business Associations chaired the conference with the participation of more than 250 delegates representing associations throughout the country. The conference took place to continue implementing the Government's Resolutions and the Directive of theGovernment’s Prime Minister, recommended and proposed to the Government’s Prime Minister solutions to support businesses and at the same time with associations. deploying a common online platform to coordinate activities and carry out business survey programs in each locality, each industry and across the country. At the conference, representatives of associations throughout the country shared the difficulties that the business community encountered in the past few months due to the impact of the Covid-19 epidemic and discussed solutions to support members to overcome the crisis and panic in the near future. In general, the comments stated that the majority of businesses were in very difficult situations, except for some areas that were less affected by diseases such as industrial hygiene, medical equipment, etc. The immediate solution was that businesses must make efforts to save themselves and at the same time promote the role of the Association in prioritizing the use of each other's goods, sharing and helping each other to overcome difficulties. In addition, many opinions also point out solutions to quickly access and utilize the Government's bailout packages so as to be most effective.

- Collaborated with the Indian Embassy in Vietnam, the Indian Chamber of Commerce in Vietnam, the Indian Federation of Industry to organize the Workshop on "Vietnam-India Online Business Connecting 2020". The conference was attended and chaired by the Vietnamese Ambassador to India, the Indian Ambassador to Vietnam, the VCCI’s Vice President and more than 150 businesses of the two countries. India and Vietnam have had great potential to promote investment cooperation in the fields of food processing, pharmaceuticals, sugarcane, energy, minerals and sugarcane. Many leading Indian enterprises have invested in Vietnam and achieved positive results. The two countries are making efforts to promote trade and investment relations, striving to reach USD 20 billion by 2025 and bringing Vietnam into the top 10 major trading partners of India (from the current position 16).

- Organized online seminar on "Digital banking and electronic payment: evoking from the Covid-19 crisis" in Hanoiin order to promote the digitization of the economy and business digitization, promoted trade electronics in the post-Covid-19 context. Many opinions at the seminar agreed that with 70 credit institutions operating in Vietnam, not to mention payment intermediaries (such as e-wallets), providing payment services via internet, Mobile payment compared to the size of the economy is still modest. In order to promote the digital economy, attention should be paid to measures to attract customers to join digital banking, and at the same time, the bank should build and deploy synchronous payment solutions and tools based on the answer platform. meeting the requirements of the economy, businesses and individual customers.

- Organized a number of online conferences, seminars, and online training activities: Conference between VBA and the Business Council and investors in Ho Chi Minh City on solutions for businesses to overcome the impact of Covid-19 pandemic; Dialogue on "Risk sharing mechanism in PPP projects"; organized 02 online training courses on "guiding enterprises to apply the Internal Control Mechanism and the Code of Business Conduct" to businesses in Danang ...

- Developed the Project "Replication of CSI Indicators for the period of 2020 - 2025, vision to 2030".

- Continued working with partners of the ASEAN Sustainable Development Network (CSR-ASEAN network), the Business Council for World Sustainable Development (WBCSD), representatives of the Ministry of Planning and Investment on Development launch of the High-Level Global Cooperation Forum Initiative 2030 (P4G) in the new phase ...

- Continued working with the British Embassy and UNDP on the plan to implement the Business Integrity Promotion Program in 2020.

- Coordinated with VNPT to implement the Startup project in the context of digital transformation in Vietnam.

- Developed a scheme to provide legal support for SMEs in the Central and Central Highlands period 2021-2026.

- Continued coordinating with the Central Economic Board and relevant agencies to implement the Campaign on "Enterprises and businessmen to contribute ideas to improve economic development mechanisms and policies" and prepare the assessment work. Give scores and award ceremony.

VCCI continued performing regular tasks on trade promotion, investment, training and business development and integration:

- Deployed the project of building a set of "Business health" indicator set: conducted an online survey on Vietnamese enterprise dynamics (Vbis 2020).

- Coordinated with the Logistic Association (VLA) to develop a plan to implement the provincial logistic index of Vietnam.

- Completed the Manual of Internal Control and Code of Conduct in Enterprises; Guided Enterprises on Intellectual Property; Green book on PPP; FTA commitment handbook for wood, fishery and meat industries; EVFTA Summary Handbook.

- Continued working with partners of the ASEAN Sustainable Development Network (CSR-ASEAN network), the World Business Council for Sustainable Development (WBCSD), representatives of the Ministry of Planning and Investment on development launch of the High-Level Global Cooperation Forum Initiative 2030 (P4G) in the new phase ...

III. PLAN FOR THE LAST 6 MONTHS OF 2020

- Coordinated with People's Committees of provinces and cities to review and evaluate the implementation of commitments signed between VCCI and local People's Committees in the 2016-2020 period on enterprise development, administrative procedure reform and improvement. investment-business environment and cooperation planning in the next stage.

- Coordinated with Government’s Office; The ministries and localities shall review and evaluate the consolidation and settlement of recommendations, difficulties, and obstacles of the business community. Urged the definitive reply to unresolved recommendations. Continued synthesizing recommendations, difficulties, and obstacles of enterprises in the stage of economic recovery, production and business recovery after the time of removing social isolation due to Covid-19 epidemic.

- Continued conducting surveys, assess, monitor and propose to reduce business conditions; dealing with economic and business overlaps; cut unofficial costs of businesses; mobilized enterprises to say no to negative and the campaign on "Vietnamese people give priority to using Vietnamese goods".

Above is a report on the implementation of the tasks assigned in the Government's Resolution 35 / NQ-CP on supporting and developing enterprises by 2020 in the first quarter of 2020, The Vietnam Chamber of Commerce and Industry is respectfullyreport to the Government.

C/C:

- As above.

- The Standing Committee.

- The Government’s Office (DMDN Dept);

- Businesses Information Center (for posting on the website);

- Saved by Archive and Admin Dept (for synthetics).  

PRESIDENT

 

 

Vu Tien Loc

 

 

 

 

 

 

 

 

 

 

By: Translator: HaiYen - Business Information Center (BIZIC)

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