Business

Prime Minister directs support for SMEs

Prime Minister Nguyen Xuan Phuc has requested ministries, ministerial-level agencies, localities, and associations promote the effective implementation of the law on supporting small-and medium-sized enterprises (SMEs).
Prime Minister directs support for SMEs ảnh 1Illustrative image (Source: VNA)

Hanoi (VNA) - Prime Minister Nguyen Xuan Phuc has requested ministries,ministerial-level agencies, localities, and associations promote the effectiveimplementation of the law on supporting small-and medium-sized enterprises(SMEs).

He asked them to improve guidance documents and seek more solutions tobring SME support policies into reality.

The Ministry of Planning and Investment was tasked with arranging Statebudget capital to implement assistance programmes for SMEs, including one supporting them with startups and joining value chains in 2021-2025.

The Ministry of Finance is responsible for guiding the implementation ofa National Assembly resolution on corporate income tax reductions in 2020 forSMEs and micro enterprises.

The State Bank of Vietnam was assigned to pilot peer-to-peer lending tohelp the group gain access to loans./.
VNA
#Prime Minister Nguyen Xuan Phuc#small-and medium-sized enterprises (SMEs)#Vietnamplus#Vietnam News Agency
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