Today: 16/08/2022 22:17:15 (GMT+7)
THE CENTRAL AGENCY OF THE COMMUNIST PARTY OF VIETNAM BAC GIANG PROVINCE THE VOICE OF THE PARTY, GOVERNMENT AND PEOPLE OF BAC GIANG PROVINCE

Firms want HCMC to reopen economy soon

Businesses want HCMC to reopen its economy soon to ensure their survival after over three months of social distancing amid prolonged Covid-19 outbreaks.

Many have had to suspend operations, and others have adopted stay-at-work mode with higher costs.

An executive at a cashew production and export firm in HCMC’s Thu Duc District, which has been closed since mid-July, said: "If the pandemic is controlled in September, vaccination covers 70 percent (of the population), and HCMC resumes socio economic activities soon, we will take export orders in the fourth quarter."

Firms, HCMC, reopen economy,  social distancing,  prolonged Covid-19 outbreaks, higher costs, socio economic activities

Workers at a company in HCMC’s Tan Binh District producing anti-bacterial face masks for export to the Middle East.

If the firm is allowed to resume operations in the second half of September, it would bring 30-50 employees back to work immediately and then gradually increase the number, he said.

"Only by doing that, can we prevent a break in supply chains."

Stay-at-work enterprises also want HCMC to relax social distancing rules in September.

Ba Huan Corporation, a major foodstuff producer in the city, said production costs have surged 50 percent in the past three months when their workers stay at workplace, and many want to return home.

"If HCMC loosens social distancing this month, it will be a really encouraging sign," its general director, Pham Thi Huan, said.

Workers become tired and want to quit their jobs if they have to work, eat and sleep at factories for long, she said.

Truong Chi Thien, general director of another food producer, VFood, confirmed this, saying many of his workers have quit their jobs that the payroll has halved.

Meanwhile, his company is running out of raw materials, and if HCMC does not reopen starting on September 15, it would have no materials for continuing production, he said.

Pham Xuan Hong, chairman of the Saigon 3 Garment Joint Stock Company, said garment firms often need to expand production to fulfill orders in the fourth quarter of this year.

He too called on HCMC to reopen in September.

Since 80 percent of his company’s workers have been vaccinated against Covid, it is ready to expand operations, he said.

HCMC authorities have said they will allow certain businesses, like those in e-commerce, logistics, medical equipment production, food, foodstuffs, petrol and oil distribution, and construction material, to resume full operations in safe areas from now to September 15 on a trial basis.

Vietnam’s economy to maintain position as fourth largest in ASEAN
Vietnam’s GDP in 2020 reached about US$343 billion, surpassing Singapore (with about US$337.5 billion) to rank fourth in ASEAN and among the top 40 largest economies in the world.
 
How Covid-19 impacts Vietnam’s economy
Vietnam’s economy is recovering from a low base last year, but the number of businesses leaving the market remains high amid growth prospects narrowed by several outbreaks.
 
Bac Giang looks to develop night-time economy
The People's Committee of Bac Giang province has approved a night-time economic development project for the 2021 - 2030 period with the aim to promote the development of evening economic activities in the locality, and turn Bac Giang into a vibrant and attractive destination, meeting the needs of working, entertaining, shopping, enjoying food and experiencing the nightlife of locals and visitors.
 
Provincial leader orders to firmly maintain disease safety to sell lychee and develop economy
(BGO) – Chairman of Bac Giang provincial People’s Committee (PPC) Le Anh Duong on June 9 paid a field trip to inspect the task of Covid-19 Prevention and Control as well as lychee consumption promotion in Luc Ngan district.
 

Source: VnExpress

Firms, HCMC, reopen economy, social distancing, prolonged Covid-19 outbreaks, higher costs, socio economic activities
 
New comment has just been added. Click here
Sort:NewBest News